Resolv

Resolv is a financial layer for stable, yield-bearing dollar returns backed by diversified crypto yield sources, built as a three-layer system. The protocol offers USR (a yield-bearing stablecoin), RLP (a leveraged yield product that serves as an insurance layer for USR holders), and professionally managed investment vaults — targeting crypto treasuries, DAOs, neobanks, and family offices seeking dollar-denominated yield without directional market risk.

Resolv generates yield from a pool of crypto assets that are managed in ways that avoid betting on price directions. Here is how it works.

Where the money goes

The pool holds two broad kinds of assets:

• ETH and BTC — but their price risk is neutralized. For every unit of ETH or BTC held, short futures contracts (a bet that the price will go down) are opened on exchanges like Binance, Hyperliquid, Deribit, and Bybit. The long and short cancel out, so the value depends only on the yield, not on whether crypto prices rise or fall (a "delta-neutral" setup).
• Stablecoins (USDC, USDT) — these are lent out or staked in DeFi lending protocols to earn returns.

Where the earnings come from

The pool makes money from three sources:

1. Staking rewards on ETH
2. Funding rate income from the futures market — the difference between the spot price and the futures price that traders pay each other
3. DeFi yields from lending and staking the stablecoin portion

How profits and losses are shared

Every 24 hours — called an epoch — the pool calculates its result.

On a profitable day, the USD profit is split three ways:

• Base Reward (76.5%) — paid proportionally to holders of stUSR (staked USR) and RLP
• Risk Premium (13.5%) — goes only to RLP holders
• Protocol Fee (10%) — sent to Resolv's treasury (this fee starts at 0% in July 2025 and becomes fully active from August 2025)

On a loss day, the entire loss is absorbed by RLP alone. No rewards are distributed to anyone.

Important details about the tokens

• USR itself does not earn yield. To participate, you must stake it — either as stUSR (your balance of tokens increases over time) or as wstUSR (the value of each token increases over time).
• RLP has a fluctuating price. It collects extra returns during good epochs, but takes the first losses during bad ones.
• Minting (creating) and redeeming (cashing out) tokens currently has no fee.