➤ First, you need to understand where the returns come from (otherwise you want the Interest and they want your principal)

Resolv provides value support for USR through ETH/BTC over-collateralization, combining on-chain staking yields and contract fee arbitrage, allowing staking users to continuously earn income.

➤ Core Products: USR / wstUSR

- USR is a stablecoin issued by Resolv, pegged to 1 US dollar, backed by over 100% of ETH / BTC as asset collateral.
- wstUSR is the staked version, representing that USR is deposited into the protocol to participate in earnings, which will appreciate over time as earnings accumulate, that is, LST.

➤ Core Source of Income (Holding wstUSR to Earn Interest)

- On-chain asset staking returns
Investing a portion of the ETH / BTC in the collateral pool into mainstream staking to steadily obtain an annual yield of 3-5% is a source of basic cash flow.
- Funding Rate Arbitrage for Perpetual Contracts
The agreement operates market-neutral strategies through RLP, which means opening short perpetual positions to earn interest (this is similar to the recent surge in Ethena's operations).

* RLP is the internal capital pool of the Resolv protocol, responsible for bearing the risks of the capital pool, implementing hedging strategies, generating stable returns, and utilizing 2-3 times leverage within a safe range to amplify asset efficiency.

These two layers of earnings eventually accumulate to RLP → USR → wstUSR, becoming the earnings that users can withdraw.

➤ Let's take a look at the actual fund allocation and operations of Resolv.

Currently, there is a TVL of 500M USD, with 291M used to support the collateral assets of the USR stablecoin, and about 208M invested in RLP.

USR, as a stablecoin, has an over-collateralized asset structure behind it that is roughly as follows.
190 M is ETH-like assets (wstETH / weETH / wbETH, etc.), 202 M is BTC-like assets, and about 131 M is stablecoins (USDC / USDT / USCC). The overall allocation is heavily weighted towards the two mainstream assets BTC and ETH.

This 131 M stablecoin has opened approximately 229 M positions on Binance and 134 M positions on exchanges such as Hyperliquid, focusing on the ETH/BTC contract market, executing a market-neutral strategy, and steadily earning fees paid by market leverage players (about 2.7 times leverage).

Here you can see the positions on Hyperliquid.

➤ How to participate

1️⃣ Find the Resolv event point in the Binance wallet and participate immediately.
2️⃣ Deposit USDT or USDC into the E chain to exchange for USR (there will be a maximum 0.1% florist fee)
3️⃣ Staking USR → Exchange for wstUSR
4️⃣ Holding wstUSR automatically accumulates Interest over time.

I participated in the Binance wealth management activities of Yei Finance and Scallop before, and the returns were very good. I even participated in 3 rounds of Yei. This time, I can also participate in Resolv's activity and share a value of $600,000 worth of $RESOLV.

This DeFi series of learning one a day hopes I can truly update daily...