According to Odaily Planet Daily, the Resupply protocol team has proposed a remedial measure due to a bad debt of 10 million ReUSD 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 may 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 a default opt-in. If approved, the DAO will distribute 2.5 million RSUP over 52 weeks, primarily from treasury allocations.