What is Resolv? Understanding the Breakthrough Stablecoin Protocol with a Peak TVL of 682 Million USD 🚀
1️⃣ What is Resolv?
Resolv is a groundbreaking stablecoin protocol with USR, the world's first delta-neutral stablecoin, fully backed by Ethereum and Bitcoin without the need for fiat reserves. Unlike traditional stablecoins, Resolv employs a risk-hedging mechanism through perpetual futures contracts to maintain stable value, pegged 1:1 to the US dollar. This allows Resolv not only to provide stability but also to optimize capital efficiency, paving a new path in the DeFi space 🔥
2️⃣ Operation Model of Resolv
The core of Resolv lies in the delta-neutral mechanism, which manages collateral assets (ETH and BTC) while eliminating price volatility risks. The main operational process includes:
▶️Mint USR
Users deposit ETH or BTC into the protocol to receive USR at a 1:1 ratio. This is the initial step to participate in the ecosystem.
▶️Delta-Neutral Strategy
The protocol automatically opens short futures positions to neutralize price risk of ETH and BTC, ensuring that the value of USR remains stable.
▶️Generating Returns
Collateral assets are staked (e.g., through Lido or Binance) to generate yield.
Funding rates from futures contracts provide additional income.
Profit Distribution
70%: Distributed to USR and RLP stakers.
30%: “Risk premium” reserved for RLP holders, compensating for the risks they bear.
0%: Currently, there is no allocation for the treasury, optimizing benefits for users.
