According to Odaily Planet Daily, the Resupply protocol team proposed a remedy plan due to a 10 million ReUSD bad debt encountered earlier this week. The proposal suggests burning 6 million ReUSD from the insurance pool, accounting for 15.5% of the pool.
The remaining 1.13 million ReUSD bad debt will be repaid through future income. The proposal shortens the voting period to 3 days for quick decision-making. The DAO can choose to extend the voting period to 7 days or explore other options.
The insurance pool retention plan will incentivize retained users after the cuts, with default participation. If approved, the DAO will allocate 2.5 million RSUP over 52 weeks, primarily from treasury allocations.