Why Does RESOLV Exist Among Countless Stablecoins?

Stable coin are an area where a Crypto ethos don't seem to apply i.e centralized and partially controlled. (also heavily regulated by the government since it is equal to fiat value and essentially digital dollar).

Many decentralize stable coins have come and go due to the un-predictable nature of the crypto market.

The infamous Terra LUNA (UST) collapse was partly triggered by the rapid crash in crypto prices.

So how RESOLV keep it's stable coin decentralize and at the same time , not repeating the mistakes LUNA (UST) did ?

Delta-neutral strategy, by using delta-neutral positions, BTC and ETH that backed RESOLV stable coin (USR) will maintain it's market value even when market is in turmoil.

From delta-neutral positions, the protocol will earn funding fees and those fees will be directed to another token (RLP), thus generating Yield and keeping the stable coin (USR) stable.

RESOLV has 3 tokens structure unlike others.

1. RESOLV (Governance and Utilities)

2. USR (Stable Coin)

3. RLP (Yield generating , high risk - high yield token)

We should applaud RESOLV for its attempt to build a truly decentralized stablecoin.

Sure, it may be difficult to take market share from USDT or USDC — but having another decentralized option besides DAI is a step forward.

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