Resolv is a protocol that maintains USR, a stablecoin backed by ETH and BTC and pegged to the US dollar. Users can mint or redeem USR and RLP (Resolv Liquidity Pool) on a 1:1 basis using other tokens. The protocol ensures sufficient backing by hedging ETH and BTC with short perpetual futures, while RLP acts as a liquid insurance layer to keep USR overcollateralized.
Resolv’s design offers key advantages: market neutrality through offsetting spot and futures positions, no reliance on actual fiat reserves, and high capital efficiency—$1 of USR or RLP requires only $1 in collateral. USR is always redeemable for $1 worth of ETH, allowing arbitrage to maintain the peg.
RLP provides an additional layer of protection, and the protocol generates revenue through staking and funding fees, supporting a sustainable business model.