Resolv Says More Than $77 Million Redeemed From At-Risk USR Wallets
According to Resolv, the March 25 update said over 90% of the affected USR wallet user group had been covered in redemptions over the previous two days.
Summary
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Terms & Concepts
Wallet: A digital tool used to store and manage crypto assets and interact with blockchain networks.
Redemption: The process of exchanging a token or digital asset for its underlying value or a designated payout mechanism.
USR: A crypto asset or token referenced by Resolv in the update, tied to the affected user wallets in this event.