Resolv is an innovative decentralized finance (DeFi) protocol that issues a stablecoin called USR, which is pegged to the US dollar. USR is backed by leading cryptocurrencies such as Ethereum ($ETH ) and Bitcoin ($BTC ).
To maintain the price stability of USR, Resolv implements a market-neutral strategy by using perpetual futures to hedge against the price volatility of $ETH and BTC. This ensures that the backing assets can support the stablecoin without being affected by major market swings.
The protocol introduces two key tokens:
RLP (Resolv Liquidity Provider): Acts as an insurance layer, absorbing systemic risks and helping maintain USR’s dollar peg.
RESOLV: A governance token that enables holders to participate in the decision-making process for the protocol.
Resolv also features a unique profit distribution mechanism. Daily rewards generated from staking and hedging activities are distributed among RLP holders and users who stake USR, creating an incentive-aligned ecosystem that benefits long-term participants.