incredible achievement given the circumstances. lots to be grateful for. but @ResupplyFi is purpose-built for this era of stablecoins. strengthened by trust from users, real revenue, and an unreal community. more to come. motivation at all-time highs. onward!
Resupply
Resupply1.8. klo 20.25
Resupply’s $10M bad debt has been paid in full. $8.8M in bad debt associated with the recent exploit was initially paid off. The remaining $1.13M has been covered by a loan secured from @yearnfi and will be gradually repaid using protocol revenue generated from Convex and Yearn Finance’s staked $RSUP positions. This officially brings the last of the bad debt to zero.
1,02K