Holding BNB, following Binance to make money, Resolv makes a strong entry into Binance Alpha and Binance contracts. Recently, various projects in the stablecoin sector have been trending, and amidst the craze for stablecoins, Resolv may carve out a unique path~ Resolv = the 'mediation platform' + 'arbitration institution' + 'decentralized court' of the blockchain world.
The Resolv project is well-known, backed by established Web3 VCs such as Coinbase, Delphi, and Gumi Cryptos, aiming to create a 100% ETH collateralized, USD-pegged on-chain stablecoin USR. It has raised tens of millions of dollars and can be considered a major VC project. Currently, Resolv's price is $0.25, with a circulating market cap of less than $40 million and FDV of $320 million.
Project highlights summarized for you:
🧑⚖️On-chain arbitration mechanism: Got into a dispute? Someone will arbitrate, and you can stake tokens to become an arbitrator, with rewards for winning.
🛠️Developer Friendly: Various protocols can be seamlessly integrated, easily adding a 'dispute resolution feature'.
🔐Fully Transparent: The entire process is recorded on-chain, giving users peace of mind and projects assurance.
🪙Token mechanism on the way: Future governance and reward mechanisms will be empowered by tokens, with many early participation opportunities.
What can we do in the future?
Whether you're into NFTs, GameFi, DAO governance, or even a Web3 professional player, you might encounter issues of 'on-chain disputes'.
Resolv allows project parties to integrate the 'arbitration feature' in advance, enabling users to appeal immediately when issues arise, eliminating the need to tweet at project parties or argue on social media. It's simply the 'mediation treasure' + 'blockchain court' of Web3.
The design of Resolv can be summarized as 'three layers of assets + three mechanisms':
1. USR: Core stablecoin
Backed by excess collateral of ETH, anchored to the USD
Can be staked as stUSR to enjoy protocol earnings
Liquidity is anchored by underlying assets
2. RLP: Risk-bearing LP
Provides ETH minting, earning perp funding fees + staking income
System losses are absorbed primarily by RLP
3. Collateral pool: Achieve Delta neutrality
ETH spot and perp contracts build a hedge
Combining on-chain and custodial assets, balancing transparency and security
In terms of income, daily distribution, USR users receive stable returns, RLP users earn risk premiums, and part of the protocol treasury is used for ecological development.
Compared to tokens in a similar track, $Resolv makes further progress in 'on-chain native' reflected in the following three points:
1. More reliable sources of income
Mainly relying on the on-chain perp market and ETH staking, income is more stable and transparent.
2. Risk layering is clearer
Losses are borne by RLP, USR users' principal is safe, anchored steadily, and risk isolation is clear.
3. Token mechanisms are richer
USR (stablecoin), RLP (risk LP), RESOLV (governance) have distinct functions, and participation methods are more intuitive.
Resolv started almost simultaneously with Ethena, but its development was slightly slower. It chose a more on-chain, more structured, and more censorship-resistant path, with a slow start and high entry barriers, yet demonstrates a purer DeFi philosophy.
The above is just personal analysis and does not constitute investment advice. The new token has just launched, with significant uncertainty and risks; technical analysis cannot predict market trends. It is advisable to wait for the market to stabilize before entering at an appropriate time!
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The above is just personal analysis; it is recommended to allocate reasonably based on your own risk tolerance!