adakole Posted Monday at 10:41 PM Share Posted Monday at 10:41 PM Been keeping an eye on Web3’s growth, and $RESOLV has grabbed my attention for its unique stability play amid the chaos. With digital assets swinging wildly, think BTC’s recent ups and downs, I’m intrigued by its USR stablecoin, backed by Ether (ETH) and Bitcoin (BTC), and pegged to the US Dollar. It reminds me of Tether’s new mining project, which is also diving into crypto native solutions with its Bitcoin mining software to boost stability and yield, though $RESOLV takes a different route with its hedging strategy. The numbers for $RESOLV are solid, a TVL of $344.1M across Ethereum, Base, and BNB chains, with over 50,000 users since September 2024, showing real traction. The setup’s practical, you can mint or redeem USR and its RLP (Resolv Liquidity Pool) 1:1 with collateral like USDC or ETH. By hedging ETH and BTC prices with short perpetual futures and keeping things overcollateralized via RLP, it’s designed to handle market storms. I’m watching this closely as a potential Web3 stability anchor, what’s your take? Thinking of jumping in? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now