Author: shaofaye123, Foresight News
Recently, a (Wealth) magazine article stated that Tether is expected to achieve over $10 billion in net profit by the end of this year. The lucrative profits in the stablecoin sector have attracted significant attention, and many banks globally are looking to enter the stablecoin market. Its TVL has grown from $130 billion at the beginning of the year to $200 billion. On December 6, Ethena's founder mentioned the Resolv protocol, and Resolv's TVL has seen rapid growth, increasing nearly 400% in the past two weeks, reaching 333M. What is Resolv? How can you earn points? With the token issuance imminent, this article will guide you through the opportunities to participate in Resolv.
What is Resolv?
Resolv is a stablecoin protocol based on Delta neutrality, focusing on the tokenization of market-neutral investment portfolios. The Delta neutral strategy aims to minimize the risks associated with price fluctuations of the underlying assets. In a Delta neutral portfolio, investors balance price fluctuation risks by combining multiple positions that offset price changes, primarily using financial derivatives (such as options or perpetual contracts) to achieve this. This is similar to Ethena, as its products mainly obtain stable returns through short funding rates, while a small portion of profits comes from re-staking and other interest-generating assets. The profit from the liquidity pool is divided into three parts, distributed every 24 hours, including basic rewards for stakers of USR (stUSR) and RLP holders; risk premium specifically for RLP; and protocol fees entering the protocol treasury.
Resolv includes three tokens: in addition to the governance token RESOLV, there are USR and RLP.
USR — is a stablecoin fully backed by ETH, with a stable value anchored to $1. Users can mint and redeem liquid collateral at a 1:1 ratio and earn returns by staking USR.
RLP — is its scalable insurance layer, designed to protect USR from market risks. The value of RLP fluctuates dynamically based on the protocol's profits and losses. In exchange, RLP users will receive a higher proportion of profits from the collateral pool, but must also bear losses.
Through this, Resolv effectively differentiates investors with different preferences.
Resolv's project fund distribution is clear, transparent, and traceable. Currently, approximately 61.5% is on-chain, 27.2% of the funds are with neutral institutions, and 10.5% are on the popular exchange Hyperliquid. It also plans to launch HyperEVM, which is expected to become a top stablecoin project on its platform.
Airdrop Guide
Its revenue sources can be divided into two parts: daily earnings and points.
Daily Earnings
Holding different tokens yields different daily earnings:
Low-risk conservative investment preference: by staking the stablecoin USR, the annualized return over the past 7 days is 10.12%.
High-risk aggressive investment preference: by purchasing the RLP token, the annualized return over the past 7 days is 31.27%.
Points acquisition and bonuses
Currently, the main ways to acquire points in Resolv are by purchasing USR and RLP. Additionally, participating in other activities can also earn corresponding points and enjoy points bonuses.
According to the official rules, the current upper limit for points bonuses is around 165%.
The fourth phase of the activity has a default points bonus of 50%. The current activity is in its fourth phase, with less than a week remaining before it ends.
New users can get a 20% points bonus by using the invitation link. The inviter can earn 10% of the invited person's total points.
Hyperliquid users can earn a 10% points bonus. Simply deposit and withdraw, no trading required.
Dinero users can earn a 10% points bonus. Users need to stake ETH on the platform to obtain pxETH, which must be in the wallet to earn this benefit.
Different levels of points bonuses are awarded based on the number of activities completed. Completing 7 or more activities earns a 50% points bonus; completing 5 or more activities earns a 25% points bonus; completing 3 or more activities earns a 10% points bonus. The official website offers over 10 ways to participate in activities.
Purchasing NFTs can earn a 25% points bonus. For large investors, buying NFTs is relatively more worthwhile (initially a Free Mint); the current floor price is around 0.56 ETH, with a peak floor price of 0.79 ETH, increasing by over 20 times.
The highest activity bonus of 50% requires participation in at least 7 different activities. The following simple and lower-risk types are recommended: (Note: If your capital is small, you can choose to participate in activities on the BASE chain to save on GAS fees.)
Hold USR in ETH;
Hold USR in BASE;
Stake USR on the Ethereum mainnet;
Purchase RLP on the Ethereum mainnet;
Purchase RLP on BASE;
Provide liquidity on Pendle;
Provide liquidity on Aerodrome:
