Author: Pink Brains

Compiled by: Tim, PANews

Interest-yielding stablecoins with real yields, low volatility, and airdrop opportunities have become the focus of the current cycle, and Resolv is about to become the next stablecoin protocol to issue tokens.

Regarding Resolv and the RESOLV token, here is the core information you need to know:

Resolv is a stablecoin protocol designed to address the specific problem: how to build a stablecoin that can achieve real, sustainable yields without taking on unnecessary risks? Their answer is: a scalable structure, transparency, and yield mechanisms.

The core product of Resolv is the stablecoin USR, supported by ETH and BTC. The platform adopts a delta-neutral strategy (primarily hedging through perpetual contracts), converting highly volatile assets into productive collateral while maintaining price stability. This is not a novel model (e.g., Ethena's USDe), but Resolv has also found a product-market fit.

Resolv divides risk into two parts:

  • stUSR: Low-risk, interest-yielding stablecoin.

  • RLP: A medium-risk, higher-yield position that generates returns by taking on protocol performance risk.

This dual structure is crucial as it allows capital to self-select according to risk preferences, which is also a common way traditional finance handles returns.

Where does the yield come from?

Resolv has three ways to achieve stablecoin yields:

1. ETH/BTC staking through Lido and Binance

2. Perpetual contracts from Binance, Hyperliquid, and Deribit

3. Dollar neutral strategy (Superstate USCC)

The yield of stUSR can rival that of sUSDe and sUSDS, while the insurance mechanism is enhanced through RLP.

Meanwhile, the high yield of RLP is also reflected in another aspect, outperforming stablecoins backed by U.S. Treasury bonds such as $USDY by capturing the upward potential of Resolv's strategy.

Since its public launch in September 2024, Resolv has achieved the following milestones: $344.1 million TVL (across Ethereum, Base, and BNB chains); total minting and redemption exceeding $1.7 billion; real yields allocated exceeding $10 million; over 50,000 users (with 56% being monthly active users).

In addition, USR and stUSR are jointly managed by top DeFi protocols (such as Pendle, Morpho, Euler, Curve, Hyperliquid, etc.) and other capital allocators.

Such performance is indeed admirable for a newly launched stablecoin protocol.

Now, Resolv plans to launch its native token RESOLV in the first two weeks of this month.

RESOLV token economics:

  • Total supply: 1 billion

  • First quarter airdrop: 10% (unlocked at TGE)

  • Ecosystem and community: 40.9% (10% unlocked at TGE, remaining tokens released linearly over 24 months)

  • Team: 26.7% (1-year lock-up period, then 30 months linear release)

  • Investors: 22.4% (1-year lock-up period, then 24 months linear unlocking)

Token utility:

  • Governance (vault strategies + incentive programs);

  • Dual rewards (token issuance + external partner income);

  • Point multiplier; obtain qualification for future airdrops from partners;

What are Resolv's next plans after the TGE?

Resolv aims to be an architecture that seamlessly integrates stable returns at all levels of on-chain finance.

1. Optimize Delta neutral returns in isolated vaults.

2. Allocate funds to treasury bonds and stablecoins backed by RWA.

3. Altcoin Vault

4. External income (vault collaborations, swap tools, and redemptions)

Resolv's goal is to build an efficient yield cycle that continuously returns value to RESOLV holders.

Resolv is not just a stablecoin; it is evolving into an on-chain currency. If you've been using USR and stUSR to gain experience points, now is the time to reap the rewards! The TGE and airdrop are coming soon, stay tuned!