Flare Network's XRP DeFi ecosystem has been live for six months, and new user growth has been far below expectations, with an average of only 76 new users per day. The native token FLR has seen a significant price drop since the airdrop in 2023, leading to stagnation in ecosystem development, and facing major challenges in user expansion and asset locks.

> **Article Title:** DeFi Has Seen Resolv's $25M USR Exploit Many Times Before > **Original Author:** Camila Russo, The Defiant > **Translation:** TechFlow DeepTide On a quiet Sunday morning, someone turned $100,000 into $25 million in approximately 17 minutes. The target was Resolv, a yield-bearing stablecoin protocol. Before Resolv paused its contracts, its dollar-pegged stablecoin USR had fallen to mere cents. At the time of writing, USR remained severely depegged, trading at approximately $0.25, down over 70% for the week. The shockwaves extended far beyond Resolv.