Earlier this month, Resolv, a decentralized stablecoin ecosystem supported by Ethereum (ETH) and Bitcoin (BTC), introduced its governance and incentives token. As of right now, only roughly 17% of its 1 billion total supply is in use.
During launch, Binance Coin (BNB) holders received an airdrop of 2% of the circulating supply. Data from Dune Analytics shows that the protocol currently has about $368 million in total value locked.
The protocol also oversees its insurance liquidity pool, RLP, and USR, a dollar-pegged, delta-neutral stablecoin.
Resolv has just launched an ecosystem vault for USR and deeper connections with partners like ether.fi and P2P Validator. Interestingly, Shekikhachev asserts that the anticipated $4 million in RESOLV token emissions each year might be fully offset by staking incentives and vault fee buybacks. Since its covert start in early 2024, the protocol has spread to Ethereum, Base, BNB Chain, and HyperEVM.
An update released on June 25 states that LayerZero (ZRO) and Stargate have made RESOLV, USR, and RLP compatible across these chains.
