🔔Fluid: Short-Term Loans Secured to Cover 100% of Bad Debt in Protocol, User Funds Unaffected Mars Finance reports that Fluid announced on its X platform that the team has secured short-term loans sufficient to cover 100% of the protocol's current bad debt. These funds are pledged by Lomashuk, cyberfund, weremeow, and the Fluid core team to ensure the safety of user funds. ResolvLabs has confirmed it will cover all USR positions incurred prior to the security incident and will open necessary redemptions to close the relevant debt positions. Furthermore, several investors have expressed interest in purchasing FLUID from the Treasury to further strengthen the protocol's backup measures should additional funds are needed. Fluid smart contracts are functioning normally, all other markets are operating normally, and the protocol's safeguards remain in effect. Users may experience temporary interest rate fluctuations during the liquidation period.