Gauntlet and Resolv Reach Compensation Agreement Over USR Vulnerability

DeFi risk management protocol Gauntlet and on-chain yield protocol Resolv have reached a compensation agreement regarding the USR vulnerability. According to Foresight News, affected Gauntlet treasury users can claim a total of 4,379,827 USDC in recovery funds through Merkl. The v1 Morpho treasury Gauntlet USDC Core on the mainnet and the now illiquid v1.1 treasuries (Resolv USDC on the mainnet and Extrafi XLend USDC on Base) are open for claims. For v1.1 treasuries that still have liquidity (Gauntlet USDC Frontier on the mainnet and Seamless USDC on Base), claims can be made once they become illiquid. Claim snapshots were taken at the time of market removal for v1 and when liquidity was exhausted for v1.1.