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Resupply: US$10 million in bad debts fully repaid

Resupply: US$10 million in bad debts fully repaid

CointimeCointime2025/08/01 17:30
By:Cointime

stablecoin protocol Resupply announced that the $10 million bad debt has been fully repaid, and the $8.8 million bad debt related to the recent attack has been partially repaid. The remaining $1.13 million will be paid by a loan provided by yearn, and the protocol income generated by the RSUP positions held by Convex and Yearn Finance will be used to gradually repay it.

Previously, Resupply was attacked by hackers in June, resulting in 10 million reUSD becoming bad debt.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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