Resolv Stablecoin Protocol: The Next Hot Project?

Recently, the substantial profits in the stablecoin market have attracted widespread attention, and many banks worldwide are looking to enter this field. The total locked value of stablecoins (TVL) has increased from $130 billion at the beginning of the year to $200 billion. On December 6, the TVL of the Resolv protocol began to grow rapidly, increasing by nearly 400% in the past two weeks, reaching $333 million. So, what exactly is Resolv? How can its tokens be obtained? This article will briefly introduce Resolv and its potential participation opportunities.

Introduction to Resolv

Resolv is a stablecoin protocol based on Delta-neutral strategies, focusing on the tokenization of market-neutral investment portfolios. Delta-neutral strategies aim to minimize the risks posed by the price fluctuations of underlying assets. In a Delta-neutral portfolio, investors balance risk by combining multiple positions that offset each other's price movements, primarily utilizing financial derivatives such as options or perpetual contracts.

The收益 of Resolv mainly comes from the funding fee rate of shorting, while also obtaining additional profits through interest-bearing assets such as re-staking. The profits from the capital pool are distributed every 24 hours, including:

1. Basic Rewards: Distributed to holders of staked USR (stUSR) and RLP.
2. Risk premium: only for RLP holders
3. Protocol fees: Transfer to protocol treasury

The Resolv ecosystem includes three types of coins:

• RESOLV: governance token for the project
• USR: A stablecoin fully backed by ETH collateral, pegged to a value of 1 dollar.
• RLP: An extensible insurance layer that protects USR from market risk.

Through this design, Resolv effectively distinguishes investors with different risk preferences.

Currently, the fund distribution of Resolv is relatively transparent. About 61.5% is on-chain, 27.2% is held by neutral institutions, and 10.5% is on a certain exchange. In the future, Resolv plans to launch HyperEVM, which is expected to become an important stablecoin project on it.

How to Participate in Resolv

Participating in Resolv can yield two types of returns: daily returns and points.

daily earnings

According to the different tokens held, daily earnings also vary.

• Low-risk stable investment: Stake USR, with an annualized return rate of approximately 10.12% over the past 7 days.
• High-risk aggressive investment: Buy RLP tokens, with an annualized return of about 31.27% in the last 7 days.

Points Acquisition and Bonus

Currently, the main way to earn Resolv points is by purchasing USR and RLP. Participating in other activities can also earn corresponding points and bonuses. According to official rules, the bonus limit for points is approximately 165%.

The ways to earn points bonus include:

• The fourth phase of the event has a default 50% bonus (ending soon)
• New users can get a 20% bonus by using the invitation link.
• Users of a certain trading platform can receive a 10% bonus.
• Users of a certain protocol can receive a 10% bonus (must stake ETH to obtain pxETH)
• Completing different amounts of activities can earn a bonus ranging from 10% to 50%.
• Purchase NFTs to receive a 25% bonus

For users with larger amounts of capital, purchasing NFTs may be more valuable. The floor price of NFTs has risen from the initial free minting to about 0.56 ETH, reaching a high of 0.79 ETH, an increase of over 20 times.

To receive up to a 50% activity bonus, you need to participate in at least 7 different activities. Some activities that are simple to operate and have relatively low risk include:

1. Hold USR on the ETH chain
2. Hold USR on the BASE chain
3. Staking USR on the Ethereum mainnet
4. Buy RLP on the Ethereum mainnet
5. Purchase RLP on the BASE chain
6. Provide liquidity on a DEX
7. Provide liquidity on another DEX

Note: If your funds are relatively small, you can choose to participate in the activity on the BASE chain to save on Gas fees.