ResolvHolders
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Due of volatility, RESOLV protocol prevented token sales
Earlier this month, Resolv, a decentralized stablecoin ecosystem supported by Ethereum (ETH) and Bitcoin (BTC), introduced its governance and incentives token. As of right now, only roughly 17% of its 1 billion total supply is in use.
During launch, Binance Coin (BNB) holders received an airdrop of 2% of the circulating supply. Data from Dune Analytics shows that the protocol currently has about $368 million in total value locked.
The protocol also oversees its insurance liquidity pool, RLP, and USR, a dollar-pegged, delta-neutral stablecoin.
Resolv has just launched an ecosystem vault for USR and deeper connections with partners like ether.fi and P2P Validator. Interestingly, Shekikhachev asserts that the anticipated $4 million in RESOLV token emissions each year might be fully offset by staking incentives and vault fee buybacks. Since its covert start in early 2024, the protocol has spread to Ethereum, Base, BNB Chain, and HyperEVM.
An update released on June 25 states that LayerZero (ZRO) and Stargate have made RESOLV, USR, and RLP compatible across these chains.
#ResolvHolders
#RESOLVLaunch
#RESOLVBreakout
During launch, Binance Coin (BNB) holders received an airdrop of 2% of the circulating supply. Data from Dune Analytics shows that the protocol currently has about $368 million in total value locked.
The protocol also oversees its insurance liquidity pool, RLP, and USR, a dollar-pegged, delta-neutral stablecoin.
Resolv has just launched an ecosystem vault for USR and deeper connections with partners like ether.fi and P2P Validator. Interestingly, Shekikhachev asserts that the anticipated $4 million in RESOLV token emissions each year might be fully offset by staking incentives and vault fee buybacks. Since its covert start in early 2024, the protocol has spread to Ethereum, Base, BNB Chain, and HyperEVM.
An update released on June 25 states that LayerZero (ZRO) and Stargate have made RESOLV, USR, and RLP compatible across these chains.
#ResolvHolders
#RESOLVLaunch
#RESOLVBreakout
$RESOLV Another Scam project Volume $300M+ real market cap only~$28M 😂😂😂
airdrop , staking yield pe hype (69% APR claim)
Twitter, Reddit, Telegram on suspicious activity Same comment on same Post 😂😂😂
Team info ❌ Missing
Audited contract ❌ Not verified
Fake volume ❌ Suspected
Unlock event (June 27) ❌ Dump risk
Real utility ❌ Vague
Exchange trust ❌ DEX only
#ResolvHolders 🔥🔥🔥
airdrop , staking yield pe hype (69% APR claim)
Twitter, Reddit, Telegram on suspicious activity Same comment on same Post 😂😂😂
Team info ❌ Missing
Audited contract ❌ Not verified
Fake volume ❌ Suspected
Unlock event (June 27) ❌ Dump risk
Real utility ❌ Vague
Exchange trust ❌ DEX only
#ResolvHolders 🔥🔥🔥
See original
A **stablecoin** is a cryptocurrency designed to have a stable value, usually pegged to a reference asset, such as a fiat currency (e.g., dollar, euro) or a commodity (like gold). The main goal of stablecoins is to minimize the volatility that characterizes many cryptocurrencies, such as Bitcoin.
### Types of Stablecoins
1. **Fiat-Backed**:
- Pegged to fiat currencies (e.g.: USDT, USDC).
- Each unit is backed by cash reserves or equivalent assets.
2. **Crypto-Backed**:
- Backed by other cryptocurrencies (e.g.: DAI).
- Use smart contracts to maintain parity.
3. **Algorithmic**:
- Have no physical backing, but use algorithms to regulate supply and demand and maintain a stable price.
### Advantages
- **Stability**: Ideal for transactions and value storage.
- **Ease of Use**: Facilitates entry and exit from the cryptocurrency market.
- **Fast Transactions**: Allow for quick and low-cost transfers.
### Disadvantages
- **Centralization Risk**: Some stablecoins are centralized, which can pose counterparty risks.
- **Asset Dependency**: Stability relies on trust in the assets backing the currency.
Stablecoins are widely used on exchanges, as a means of payment and for value transfers, offering a more stable alternative compared to other cryptocurrencies.
Come to #ResolvHolders
### Types of Stablecoins
1. **Fiat-Backed**:
- Pegged to fiat currencies (e.g.: USDT, USDC).
- Each unit is backed by cash reserves or equivalent assets.
2. **Crypto-Backed**:
- Backed by other cryptocurrencies (e.g.: DAI).
- Use smart contracts to maintain parity.
3. **Algorithmic**:
- Have no physical backing, but use algorithms to regulate supply and demand and maintain a stable price.
### Advantages
- **Stability**: Ideal for transactions and value storage.
- **Ease of Use**: Facilitates entry and exit from the cryptocurrency market.
- **Fast Transactions**: Allow for quick and low-cost transfers.
### Disadvantages
- **Centralization Risk**: Some stablecoins are centralized, which can pose counterparty risks.
- **Asset Dependency**: Stability relies on trust in the assets backing the currency.
Stablecoins are widely used on exchanges, as a means of payment and for value transfers, offering a more stable alternative compared to other cryptocurrencies.
Come to #ResolvHolders
See original
What is the usefulness of memecoins? Explain.....
In the meantime, solve a Stablicoin with a great entry price, take advantage of the limited-time offer #ResolvHolders #RESOLV🚀
In the meantime, solve a Stablicoin with a great entry price, take advantage of the limited-time offer #ResolvHolders #RESOLV🚀
RESOLV/USDT
#BullishOnREsolV
Is it time for $RESOLV to take flight ✈️ and soar high? The hype is real and #ResolvHolders might just be on the verge of some serious gains!
💰💰💰
👇👇👇
Is it time for $RESOLV to take flight ✈️ and soar high? The hype is real and #ResolvHolders might just be on the verge of some serious gains!
💰💰💰
👇👇👇
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