Prastut
5.1K posts


Update on the Resolv incident: The Fluid team has secured short-term loans to cover 100% of the bad debt currently in the protocol. These funds were secured with commitments from @Lomashuk from @cyberfund, @weremeow, and the Fluid core team, ensuring that no user funds are at risk. @ResolvLabs has confirmed they will cover all USR positions that were originated before the security incident, and will enable redemptions required to close those debt positions. Additionally, multiple investors have expressed interest in purchasing $FLUID from the treasury should any additional funds be required, further strengthening the protocol’s backstop. Fluid smart contracts are safe and operating as intended. All other markets continue to function normally, and protocol safeguards remain active. Users may see temporary rate volatility while positions are being unwound. We will continue to provide updates as the situation progresses.





NEW MEMBER: @josephk89 In the Solana ecosystem since 2022, with a background in financial advisory where he saw firsthand how painfully slow tradfi can be. Now leading distribution and onboarding at @asgardfi, which launched a credit facility that pays users to take positions onchain. Off duty: dad life, DIY electronics and 3D printing.




you’ll have no idea but gtm twitter is wayy begind gtm linkedIn when it comes to actionable insights and sauce.





We are setting the standard for EV Charging on @solana

As a founder, you can get a lot of things wrong. But if you're unwiling to die, it will eventually work out. Be optimistic, and try to be right. But even if you're not right, don't die.

> lost mom at young age > started working at 8yo > was on welfare, slept at random churches for shelter, getting by with cream cheese packets kek > went to worst ranked school in the state > huge student debt 6y ago > now, bought dad a house! just keep going




