What is Resolv USR (USR)?

Deep Dive

1. Purpose & Value Proposition

USR aims to provide a decentralized, transparent alternative to fiat-backed stablecoins. By combining ETH/BTC collateral with short perpetual futures positions, it neutralizes crypto market volatility while avoiding reliance on traditional banking systems. This design targets users seeking stability without centralized intermediaries.

2. Technology & Architecture

The protocol uses a delta-neutral strategy:
- ETH/BTC holdings are offset by equivalent short positions in perpetual futures.
- Price fluctuations in collateral are hedged, maintaining USR’s $1 peg.
- The RLP acts as a liquid insurance fund, absorbing losses from collateral devaluation or exchange failures.

3. Key Differentiators

• Crypto-native reserves: Unlike USDC/USDT, USR avoids fiat dependencies, relying solely on ETH/BTC.
• Transparency: Collateral balances and RLP reserves are verifiable on-chain.
• Yield mechanics: Stakers earn daily profits from protocol fees and hedging strategies, with RLP offering higher risk/reward yields.

Conclusion

Resolv USR reimagines stablecoins as crypto-native instruments, blending collateralized backing with derivatives hedging. Its success hinges on maintaining robust collateral ratios and adapting to evolving DeFi yield strategies. How might its reliance on perpetual futures markets impact long-term stability during extreme volatility?