Resolv is a decentralized protocol that introduces USR, a delta-neutral stablecoin backed by Ethereum (ETH) and pegged to the USD. It aims to mitigate the volatility risks associated with traditional stablecoins by employing a dual-token system. USR can be staked to earn yield, and there’s an additional token, Resolv Liquidity Pool (RLP), which acts as an insurance layer, absorbing market and counterparty risks. Resolv also runs a points program to incentivize user engagement and liquidity provision, potentially leading to future airdrops or other rewards.
Join here: https://app.resolv.xyz/ref/rayg
Farming Resolv:
- Hold USR: By holding USR, you can earn daily points. This can be done by swapping other stablecoins for USR on supported decentralized exchanges (DEXs) like Uniswap or Curve. You earn 30 points daily for holding USR on platforms like Base.
- Liquidity Provision: Providing liquidity in USR pools on platforms like Curve or Morpho Labs can earn you additional points. This involves supplying both USR and another asset in equal amounts to a liquidity pool.
- Staking and Borrowing: Engaging in more complex strategies involves you staking USR for stUSR, which is a yield-bearing token, and using protocols like Morpho Labs for borrowing and lending activities that can further accumulate points for you.
- Participation in Points Program: Resolv’s Points Program is divided into epochs, each with different earning mechanisms. The earlier you engage, the better the potential rewards due to boost mechanisms. Activities like holding, providing liquidity, or participating in specific protocol events can earn you points.
Remember, the points you earn can potentially be converted into governance tokens or other benefits during future airdrops or reward distributions. Always ensure to follow the latest updates from Resolv for the most current farming strategies and opportunities.
