Next Ethena? Resolv Stablecoin Protocol Airdrop Guide

Author: shaofaye123, Foresight News

Recently, Fortune magazine published an article stating that Tether is expected to achieve a net profit of over US$10 billion by the end of this year. The huge profits of the stablecoin track have attracted a lot of attention, and many banks around the world also hope to join the stablecoin market. Its TVL has grown from 130 billion at the beginning of the year to 200 billion. On December 6, the founder of Ethena mentioned the Resolv protocol, and Resolv TVL started to grow rapidly, growing by nearly 400% in the past 2 weeks, reaching 333 M. What is Resolv? How to get its points? The currency is about to be issued. This article will give you a quick look at the opportunities to participate in Resolv?

What is Resolv?

Resolv is a delta-neutral stablecoin protocol built around the tokenization of market-neutral investment portfolios. Delta neutral strategies are designed to minimize the risk associated with price fluctuations in the underlying asset. In a delta-neutral portfolio, investors balance the risk of price changes by combining multiple positions that offset each other's price changes, primarily through the use of financial derivatives such as options or perpetual contracts. This is similar to Ethena. Its products mainly obtain stable income through short-selling funding rates, and a small part of the profits are obtained through interest-bearing assets such as re-pledge. The profit of the fund pool is divided into three parts, distributed every 24 hours, including basic rewards - issued to holders of pledged USR (stUSR) and RLP; risk premium

• only for RLP; protocol fees - transferred to the protocol treasury.

Resolv contains three tokens. In addition to the project's own governance token RESOLV, there are also two tokens, USR and RLP.

• USR - is a stablecoin fully backed by ETH collateral, with its value stably anchored at US$1. Users can mint and exchange liquid collateral at a 1:1 ratio and earn income by staking USR.
• RLP - is its scalable insurance layer designed to protect USR from market risks. The value of RLP changes dynamically based on the profit and loss of the agreement. In exchange, RLP users will receive a higher proportion of profits from the collateral pool, but at the same time bear losses.

Through this, Resolv effectively differentiates between investors with different preferences.

Resolv project funds are clearly distributed, transparent and traceable. Currently, about 61.5% is on the chain, 27.2% of the funds are in neutral institutions, and 10.5% is in the popular exchange Hyperliquid. It also plans to launch HyperEVM in the future, which is expected to become its top-level stable currency project.

Airdrop Guide

Its income sources can be divided into two parts: daily income and points.

daily income

The daily benefits of holding different tokens are different:

• Low-risk and stable investment preference: By pledging the stablecoin USR, the annualized rate in the past 7 days has been 10.12%.
• High-risk radical investment preference: By purchasing RLP tokens, the annualized rate in the past 7 days has been 31.27%.

Points acquisition and bonus

Currently, there are two main ways to obtain Resolv points: purchasing USR and RLP. In addition, you can also earn corresponding points by participating in other activities and enjoy point bonuses.

According to the officially announced rules, the current upper limit of the points bonus is approximately 165%.

• The fourth phase of the event has a 50% points bonus by default. The event is currently in its fourth phase and will end in less than a week.
• New users who use the invitation link can get a 20% points bonus. The inviter will receive 10% of the invitee's total points.
• Hyperliquid users can get a 10% points bonus. Only deposit and withdrawal operations are required, no transactions are required on it.
• Dinero users can get a 10% points bonus. You need to go to the platform to pledge ETH to obtain pxETH, and pxETH must be in the wallet to obtain the income.
• Different levels of points will be awarded for completing different activities. 7 or more activities can get 50% points bonus; 5 or more activities can get 25% points bonus, and 3 activities or more can get 10% point bonus. The official website provides more than 10 ways to participate in the event.
• You can get a 25% points bonus when purchasing NFT. If you are a big-money player, it is relatively more worthwhile to buy NFT. (It was originally Free Mint) The current floor price is about 0.56 ETH, and the floor price is as high as 0.79 ETH, an increase of more than 20 times.

The highest activity bonus of 50% requires participation in at least 7 activities. Several types with simple operations and low risks are recommended as follows: (Note: If you have a small amount of funds, you can choose to participate in activities on the BASE chain to save GAS.)

• Hold USR in ETH;
• Hold USR on BASE;
• Ethereum mainnet pledges USR;
• Purchase RLP on Ethereum mainnet;
• BASE buys RLP;
• Providing liquidity in Pendle;
• Providing liquidity at Aerodrome: