What is the Resolv Protocol?
The Resolv Protocol is an innovative system aiming to provide a stablecoin known as USR, natively backed by both Ethereum (ETH) and Bitcoin (BTC), and directly pegged to the US dollar. Unlike many traditional stablecoins that rely on cash reserves or traditional assets, Resolv relies on leading digital assets to ensure its value stability while maintaining decentralization and transparency.
The primary objective of the Resolv Protocol
Resolv aims to provide a stablecoin (USR) that maintains its value at one dollar, with an additional insurance layer through the Resolv Liquidity Pool (RLP). This currency is supported by a portfolio of cryptocurrency assets (ETH and BTC) managed in a market-neutral manner, reducing risks associated with price volatility. This approach ensures that both RESOLV and USR are reliable options for users seeking financial stability in the world of cryptocurrencies.
Why is RESOLV unique?
RESOLV is distinguished as a utility token that supports the governance of the protocol and provides users the opportunity to participate in profit distribution. Unlike traditional stablecoins, RESOLV does not rely directly on fiat currencies, reducing dependence on traditional financial systems and protecting users from third-party risks. Additionally, the protocol provides an extra insurance layer through RLP, enhancing the system's resilience against volatility.
Market.
Features of USR, the backbone of Resolv
Stability supported by Ethereum and Bitcoin
USR is the primary stablecoin of Resolv, fully backed by collateral from ETH and BTC. The coin is minted or redeemed at a 1:1 ratio against these assets, ensuring its value stability at one dollar.
What distinguishes USR is that it is over-collateralized, meaning its value is backed by more than 100% of the value of deposited assets, with an additional insurance layer provided by RLP.
Insurance Layer: RLP
RLP (Resolv Liquidity Pool) is a key component of the Resolv architecture. This pool represents a liquid insurance layer designed to protect USR from market or counterparty risks. RLP is backed by the excess collateral (ETH and BTC) that supports USR, meaning its value may fluctuate based on the price volatility of these assets. However, RLP holders receive a higher share of profits generated from the collateral wallet, making it an attractive option for investors willing to take on higher risks for potentially greater returns.
How does minting and redeeming USR work?
Users can mint USR by depositing ETH or BTC at a 1:1 ratio, as well as redeem it for the deposited assets at the same ratio. This process makes USR an efficient stablecoin in terms of capital, as it does not require excessive over-collateralization like some other stablecoins. Value stability is maintained through advanced hedging strategies, such as using perpetual futures to mitigate the impact of ETH and BTC price volatility.
The role of RESOLV and its total supply
RESOLV is the primary utility token of the Resolv Protocol, designed to support the governance of the protocol and reward users participating in the system. The token has a total supply of one billion tokens, allocated as follows:
10%: Allocated for an airdrop in the first season, with gradual opening of some major wallets.
40.9%: Allocated for ecosystem and community development, with 10% opening at token generation event (TGE) and a schedule for the remaining tokens over 24 months.
26.7%: Allocated for the team and contributors, with a one-year vesting period and linear distribution over 30 months.
22.4%: Allocated for investors, with the same vesting and distribution terms.
stRESOLV: The staked version
When participating in an airdrop or other activities, users receive stRESOLV, the staked version of the RESOLV token. This version provides governance rights, additional rewards, and increased points for the second season of the airdrop. Users can unstake stRESOLV, but this process requires a two-week cooldown period, after which the tokens become liquid but lose rewards and governance rights.
Benefits of RESOLV
Governance: Allows stRESOLV holders to participate in decision-making regarding protocol development.
Rewards: stRESOLV holders receive a share of the profits generated from the collateral wallet.
Flexibility: Users can choose to hold staked tokens for rewards or unstake them for trading.
Listing of RESOLV on platforms
Listing of RESOLV on OKX
Listing of RESOLV on Binance
Binance, the world's leading platform, announced the listing of RESOLV on both Binance Alpha and Binance Futures starting June 10, 2025. Spot trading on Binance Alpha will launch at 13:00 GMT, while the RESOLVUSDT perpetual contract with leverage up to 50x will launch at 13:30 GMT.
Binance Futures Contract Details
Underlying asset: RESOLV.
Settlement asset: Tether (USDT).
Leverage: Up to 50x.
Trading hours: 24/7.
Funding rate: +2.00% / -2.00%, settled every 4 hours.
Collateral Management Mechanisms in Resolv
The Resolv Protocol manages a collateral wallet composed of ETH and BTC to support USR and RLP. This wallet is managed in a market-neutral manner using advanced hedging strategies, such as perpetual futures, to maintain a stable dollar value. The majority of the collateral is held on-chain, staked for additional profits, while a small portion is kept in institutional custody as collateral for futures.
Profit Distribution
The collateral wallet generates profits through:
Staking ETH: Earning yields from staking protocols on Ethereum.
Funding Fees: Profits generated from holding futures positions.
These profits are distributed daily as follows:
Base reward: Distributed to stUSR and RLP holders.
Risk premium: Exclusively distributed to RLP holders to compensate them for bearing risks.
Protocol Fees: Allocated to the protocol treasury to support future development.
In the event of losses (such as futures funding costs), these losses are deducted from RLP, protecting USR's stability.
What distinguishes RESOLV and the protocol?
Market neutrality: The price volatility of ETH and BTC is hedged using futures contracts, ensuring net value stability.
Independence from fiat currencies: RESOLV does not directly rely on the dollar, reducing third-party risks.
Capital efficiency: Minting USR or RLP requires assets worth only one dollar, without the need for excessive over-collateralization.
Insurance: RLP provides an additional layer of protection for USR, enhancing confidence in the stability of the currency.
The nature of the currency and its mechanism of operation
RESOLV is a utility token used for governance and profit distribution within the Resolv Protocol, while USR is a stablecoin pegged to the dollar and backed by digital assets (ETH and BTC). From a Sharia perspective, investing in digital assets is halal if it is free from riba, gharar (ambiguity), and prohibited speculation.
The collateral wallet is managed using perpetual futures for hedging, raising questions about whether these contracts comply with Sharia, as some futures may be considered a form of speculation or contain elements of gharar if they are not clear and specific.
Risks and Gharar
Investing in RESOLV carries risks, such as price volatility of ETH and BTC or potential losses from funding fees on futures contracts deducted from RLP. In Sharia, excessive gharar (ambiguity) is prohibited, which leads to disputes or unfair loss. The clarity and transparency of the protocol's mechanisms should be evaluated to determine if they exceed acceptable levels of gharar.
Governance and Usage
RESOLV is used in governance of the protocol, granting holders decision-making rights. This aspect aligns with the principle of participation in Islam, as long as decisions do not involve supporting prohibited activities such as gambling or riba-based financing.
Summary
The Resolv Protocol and RESOLV represent a paradigm shift in the world of stablecoins, combining stability, decentralization, and capital efficiency. By backing USR with leading digital assets like ETH and BTC and providing an insurance layer through RLP, the project offers an innovative solution that meets the needs of both investors and users alike. The listing of RESOLV on global platforms such as OKX, Binance, MEXC, and Bybit reflects the growing confidence in this project and opens the door for broader market adoption.
Whether you are looking for a stablecoin for daily trading or a utility token that provides governance and rewards, RESOLV offers a promising option worth exploring. As the cryptocurrency ecosystem continues to evolve, Resolv seems poised to become a major player in the space. Keep an eye on updates via the official website (resolv.xyz) and get ready to join this exciting journey!
Frequently Asked Questions about the RESOLV Project
What is RESOLV?
RESOLV is the utility token of the Resolv Protocol, which supports the stablecoin USR backed by ETH and BTC and pegged to the US dollar. The RESOLV token is used for governance and profit distribution, providing holders with rewards through the staked version (stRESOLV). The project aims to provide financial stability with high capital efficiency.
What is the difference between RESOLV and stRESOLV?
RESOLV is the native utility token of the Resolv Protocol, while stRESOLV is the staked version that grants governance rights, daily rewards from the collateral wallet, and increased points for future airdrops. stRESOLV can be unstaked after a two-week cooldown period, but the tokens become liquid and lose rewards.
How is RESOLV listed on platforms?
RESOLV has been listed on leading platforms such as OKX, Binance (Alpha and Futures), and MEXC for spot trading with the RESOLV/USDT pair, while Bybit plans to list it soon. The OKX listing includes an airdrop worth 2,000,000 tokens for stRESOLV holders, and Binance offers futures contracts with leverage up to 50x.
Is RESOLV a stablecoin?
RESOLV is not a stablecoin; it is a utility token that supports the governance of the Resolv Protocol. The stablecoin in the system is USR, which is backed by ETH and BTC and pegged to the US dollar at a 1:1 ratio, with additional protection from the RLP insurance layer.
What are the risks of investing in RESOLV?
Although RESOLV is supported by a strong protocol, investing in it carries risks such as market volatility associated with ETH and BTC, and potential losses from funding fees on futures deducted from RLP. Investors are advised to carefully study these risks and check official sources such as (resolv.xyz).
How is RESOLV supported by ETH and BTC?
RESOLV supports the stablecoin USR through a collateral wallet composed of ETH and BTC. These collaterals are managed using market-neutral hedging strategies (such as perpetual futures) to maintain stable dollar value. A portion of the collateral is held on-chain, staked for additional profits.