Researcher finds fluid treasury covered Resolv bad debt using internal credit line, not funds earmarked for users
𝕏/@jpn_memelord •
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Promote with Leviathan News3.5M USDC plus 4.5M USDT moving through the team multisig turns the Resolv cleanup from a treasury hit into an asset-liability management problem for Fluid depositors. If an IGP-105/107 DEX Lite facility can be repurposed into a bailout line without fresh governance, lenders have to price Fluid like a protocol with off-balance-sheet discretion, not just smart contract risk. The cleaner outcome would have been slower and uglier: explicit DAO approval, visible runway math, and a repayment schedule tied to fees before users learned their liquidity layer was the backstop.
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