@ClearstarLabs@0xGuzzla@MorphoLabs
Resolv just opened their official Stage 2 recovery portal today. Direct RLP holders can now claim 0.71 USDC + 2.71 RESOLV per token.
Meanwhile, users in your Yield USDC vault (0x9B5E92fd227876b4C07a8c02367E2CB23c639DfA) are still completely stuck with $0 liquidity and over $5.6M bad debt — and we have received zero updates from you in nearly 3 months.
Gauntlet already has a working recovery solution. When will Clearstar vault users get a claims process?
@ClearstarLabs@0xGuzzla
It’s now been almost 3 months and I still haven’t received any real update about my funds stuck in the Yield USDC vault.
Gauntlet has already reached a deal with Resolv and set up a recovery process for their users. Meanwhile your vault now shows $5.63M in bad debt, the total deposit is showing as a dash, and there’s almost no transaction history.
You’re not replying to messages and there’s been zero communication since April. This is very concerning.
When are you going to provide a recovery plan and claims process for your users?
@jennybethm Cause we got tired of the corruption,Highest Taxes all over the US, Highest Gas Price all over the country, Highest Homeless people, Highest Crime rates,enough is enough
@ClearstarLabs@0xGuzzla
Still stuck with my entire savings in the Yield USDC vault (0x9B5E92fd227876b4C07a8c02367E2CB23c639DfA).
Vault shows $3.14M deposits, $0 liquidity, and $5M unrealized bad debt.
Resolv recovery is already live, yet big holders keep exiting through rescue contracts while smaller users like me remain trapped.
This is now almost 2 months. Can we please get a clear update on when regular depositors will be able to withdraw?
@ClearstarLabs
I have a significant position stuck in your Clearstar Yield USDC vault (0x9B5E92fd227876b4C07a8c02367E2CB23c639DfA) for almost a month now.
The vault is showing $1.53M unrealized bad debt and zero liquidity. My position is heavily tied to RLP from the Resolv situation.
Juan from Hopper already confirmed standard rescue tools won’t work.
Is there any way you can help affected users exit manually, or do you have any timeline for when liquidity might return?
Thank you.
Hey @0xGuzzla,
I’m still completely stuck in the Yield USDC vault . I saw another rescue withdrawal today using this tx:
0x0dfd74c19812ed9712bbd5cc1bae0818f149583d97e41d1e7c95095569c8110c
This money was loaned — I put it in the vault because I trusted Clearstar. I was counting on the yield to help pay my kids’ loans. Now I’m stuck in bad debt myself and this is really affecting my family.
Resolv’s recovery is already live, yet the vault still has $0 liquidity while big holders are getting their money out. Smaller users like me are being left behind.
Please give us a clear update on when the vault will process the recovery so we can finally withdraw.
Thank you.
@0xGuzzla
Thank you for the reply.
I understand you’re coordinating with Resolv. My only concern is that the vault currently has $1.76M in unrealized bad debt out of $1.93M total deposits. This means very little healthy liquidity is left.
Since Clearstar itself holds one of the largest positions in this vault, many smaller holders (including myself) are worried that when liquidity eventually returns, the biggest wallets will exit first.
Can you please clarify how Clearstar plans to handle withdrawals when liquidity comes back? Will all holders be treated equally, or will there be some mechanism to protect smaller depositors?
Thank you.
Mark
أنا عايش في امريكا والمتجر ده اسسمه Target بس خليني اوضحلك نقطة، self check out نظام عندنا في اغلب المحلات بس كل مكنة بتعمل عليها تشيك اوت بتصورك بالكاميرات بمجرد سحب جهاز الليزر الي جانب في شخص واحد بيراقب كل الاشخاص الللي بتشتري ده غير في حساس جمب كل جهاز بمجرد تعمل أسكان بيجبرك تخرج الحاجة من العربية وتحطها عليه علشان يكمل شغل ولو معملتش جهازك ينور احمر وفي ثواني هتلاقي حد جايلك يشوف في ايه، يعني مش سايبه اوي كده ده
Quick question, why should I go risk my capital in DeFi for 3.5% APY although any bank can setup a CD for almost 4% APY secured funds No attacks no volatility no locking up your funds in a smart contract, my money got stuck in morpho vault for almost a month with 0 liquidity DEFI is a big BS
All Savings of my money is still completely stuck in Clearstar’s Yield USDC vault for weeks.
Governance is dead. The “Forced Reallocate RLP USDC” proposal has been sitting with almost zero votes for over 20 days.
Meanwhile, Clearstar just launched a new v2 vault offering crazy high yields while leaving previous users trapped.
@ClearstarLabs@ResolvLabs@MorphoLabs — is this acceptable?
You allow vaults to offer insane yields, attract user funds, then go silent when things break?
When are you going to address this?
This is not how you treat people.
#Clearstar #Resolv
All Savings of my money is still completely stuck in Clearstar’s Yield USDC vault for weeks.
Governance is dead. The “Forced Reallocate RLP USDC” proposal has been sitting with almost zero votes for over 20 days.
Meanwhile, Clearstar just launched a new v2 vault offering crazy high yields while leaving previous users trapped.
@ClearstarLabs@ResolvLabs@MorphoLabs — is this acceptable?
You allow vaults to offer insane yields, attract user funds, then go silent when things break?
When are you going to address this?
This is not how you treat people.
#Clearstar #Resolv
@DHSgov I am Mark, a U.S. citizen who loves my country. I am willing to work 8 hours a day, every day, without pay, to support the TSA in any role and at any location until the Senate passes its laws. Once that is done, I will return to my regular civilian life.