A visual understanding of Binance HODLer's newly launched airdrop project $RESOLV evaluation!
In simple terms, this is a stablecoin project called USR. Unlike USDT, it is not backed by USD, but uses ETH and BTC as collateral, and relies on on-chain hedging operations to peg to the US dollar, while also allowing you to earn some interest.
Insiders say it’s somewhat like Ethena, but I think it resembles a robust attempt of 'returning to the original intention' in the DeFi space.
🔺Comparison of $RESOLV, $ENA, and $USUAL:
🔷Overview of new real-world asset (RWA) stablecoin protocols based on real-world income and their respective utility tokens.
🔷Ethena, Resolv, and Usual promote real-world asset (RWA) stablecoin protocols based on real-world income, each with innovative utility tokens that drive the adoption of decentralized finance (DeFi).
🔷Their infrastructure meets the growing demand for stablecoins while unlocking high-yield opportunities, seamlessly connecting traditional finance with blockchain innovation.