On the fast track of Web3, stablecoins are often hindered by centralized risks and market volatility. Resolv makes a strong entry, introducing the USR stablecoin pegged to the US dollar, injecting safety and efficiency into the DeFi ecosystem! It enables users and developers to seamlessly participate in payments, trading, and investment, aiming to become the trust center of Web3 finance, promoting transparency and efficiency in the decentralized economy.

The core of Resolv

Resolv Protocol is designed around the issuance of stablecoins, liquidity protection, and user incentives, with key highlights including: decentralized stablecoin

Users deposit ETH or BTC to mint USR at a 1:1 ratio, representing a stable asset with dollar value, usable for trading, lending, or payments in DeFi protocols (like Uniswap, Aave).

Eco-circulation: USR retains the decentralized characteristics of ETH/BTC, supporting cross-DeFi scenario usage, greatly enhancing capital efficiency.

Flexible redemption mechanism

Regular redemption: Users can redeem USR for ETH or BTC at a 1:1 ratio at any time, with transparent operations.

Instant redemption: Optimized by smart contracts, redemption fees are as low as 0.01%, meeting high liquidity demands, integrated into protocols like Uniswap, Curve.

Liquidity Insurance Pool (RLP)

RLP provides over-collateralization for USR, dynamically adjusting liquidity to withstand market fluctuations.

Users can deposit ETH/BTC to mint RLP and participate in high-yield liquidity pools, with annual returns of 10%-20%, balancing safety and returns.

Governance and incentives (veRESOLV)

Users lock RESOLV tokens (1-52 weeks) to obtain veRESOLV for protocol governance and reward distribution; the longer the lock-up period, the higher the initial veRESOLV.

veRESOLV holders can vote to decide on fee distribution and pool parameters, enhancing community-driven sustainability.

Innovative incentives (Resolv Lucky Pool)

Users staking USR or RLP can participate in weekly raffles; the more the staked amount and the earlier the stake, the higher the chance of winning.

Gamified mechanisms enhance user engagement, bringing additional benefits to stakers and igniting community enthusiasm.

Safety and transparency

Using a non-custodial design, funds are managed by smart contracts, leveraging the security of Ethereum's EVM to reduce vulnerability risks.

All minting, redemption, and reward data are on-chain, publicly verifiable, with a clear fee structure (5% profit sharing), gaining user trust.

Resolv's ecosystem

Resolv is committed to building an open platform for Web3 stablecoins:

Ecosystem integration: USR has been integrated into DeFi protocols like Uniswap, Aave, and Curve, supporting lending, trading, and payment scenarios.

Community-driven: Through veRESOLV and Lucky Pool, Resolv has attracted a large number of users, with community activities (such as Binance Alpha airdrop) further enhancing participation.

Developer support: Resolv provides a modular architecture, allowing developers to create applications like payments and lending based on USR/RLP, with plans to launch APIs and SDKs in the future for simplified integration.

Real-time detection: Leveraging Ethereum's high performance, Resolv provides real-time minting and redemption data, ensuring users are always aware of asset dynamics.

RESOLV token and airdrop details

Token name: Resolv Protocol

Total supply of genesis tokens: 1,000,000,000 RESOLV

Maximum token supply: 1,000,000,000 RESOLV

Total amount of HODLer airdrop tokens: 20,000,000 RESOLV (2% of the maximum token supply)

Additional allocation: 5,000,000 RESOLV for spot listing marketing activities (rules to be announced separately); 4,000,000 RESOLV for community rewards after 3 months.

Circulating supply at Binance listing: 155,750,000 RESOLV (15.58% of the maximum token supply)

Comparison with similar products

Similar stablecoin protocols in the market include MakerDAO (DAI) and Liquity (LUSD), but Resolv has unique advantages in design and ecosystem:

Decentralized hard core: Unlike DAI, which relies on multiple collateral types, Resolv uses only ETH and BTC, reducing complexity and centralization risks.

Efficient redemption: Instant redemption fees are only 0.01%, more flexible than Liquity (which relies on secondary markets), suitable for high-frequency traders.

Ecosystem focus: Resolv deeply integrates with the EVM ecosystem, with protocols like Uniswap and Aave, making operations simpler compared to the multichain complexities of MakerDAO.

Innovative incentives: The gamified mechanism of Lucky Pool is unique to Resolv, lacking similar functions in MakerDAO and Liquity, giving Resolv an edge in user engagement.

Summary

Resolv Protocol is a dark horse in the Web3 stablecoin space, creating an efficient and secure decentralized financial solution through USR, RLP, veRESOLV, and Lucky Pool, addressing the centralization risks and liquidity challenges of stablecoins.