Resolv positions are unaffected by today’s market volatility and continue to operate with no liquidations.
USR traded briefly 6 bps below par (at $0.9994) over the last 8 hours of market liquidations and remained stable throughout.
Mint and burn functions remain fully operational.
Today’s market served as another effective stress test for the protocol, and Resolv’s systems demonstrated their robustness, maintaining reliability and performance exactly as designed.
Show original
6.39K
46
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.