Resolv has recently released its own cryptocurrency token. Second, it fuels an alternative DeFi protocol with an on-chain asset recovery system and the USR stablecoin. This year, Ivan Kozlov, Tim Shekikhachev, and Fedor Chmilevfa connected to create Resolv. Their aim is to encourage further innovation in the relatively new stablecoin market with a different approach. The platform’s foundation is the USR stablecoin, which aims to be a new generation stable asset for DeFi. Resolv has already paid out well over $10MM in yield to users since launching earlier this year. Resolv features a total supply capped at 1 billion RESOLV tokens, ensuring compliance with a non-inflationary model. The project's approach is crypto-backed and algorithmic. As of writing, Resolv is trading at around $0.34 per token, valuing it at a little under $53 million market capitalization.
Almost 15.6% of Resolv’s tokens – or 155.75 million tokens — are currently in circulation at launch. This circulation brings their fully diluted valuation to approximately $342 million. Resolv boasts notable support, which usually comes hand-in-hand with increased market awareness and credibility. Here’s why Resolv’s approach is unique and noteworthy. Its experienced team, substantial support from top tier investors, and differentiated product offering that solves real needs has set them up for success. One even better security feature is that users can recover stolen ERC-20 tokens. They can exchange these tokens into a unique “vaulted” variant through the on-chain asset recovery mechanism. On top of that, Resolv has a decentralized jury of experts that can be summoned to arbitrate claims of stolen tokens.
Resolv and the USR Stablecoin
Resolv recently launched the USR stablecoin, which has become a central component of their DeFi protocol. This decision continues the latest wave of stablecoin innovation. As a next-generation stable asset, USR is conceived to be participative and inclusive to the whole decentralized finance ecosystem. Resolv’s approach to stability is crypto-backed and algorithmic, but focuses on being the most reliable and efficient stablecoin solution.
The USR stablecoin will keep its peg via a mix of deep crypto collateralization + algo driven push/pull minting. At the core of Resolv’s mission is providing a stable, secure, and reliable stablecoin that can be used in many different DeFi applications. The creative project aims to highlight how stability and security should be foundational to the DeFi space.
Since its beta launch, Resolv has returned over $10 million in yield to users. This gives us a glimpse of the platform’s ability to create capital returns and pull users into its ecosystem. This distribution of yield is a demonstration of Resolv’s commitment to delivering real, sustainable value to its community.
Asset Recovery System
A key feature of the Resolv protocol is its on-chain asset recovery system, which adds a layer of security for users. This system allows any user to process stolen ERC-20 tokens into a safe “vaulted” state. This process provides a unique opportunity for them to recover their assets. Resolv’s asset recovery system is a remarkable innovation in the DeFi space, solving a major pain point surrounding security.
The asset recovery system has a decentralized jury of peers—an expert jury. Here’s how they work They can be easily cobbled together to adjudicate claims related to stolen tokens. It’s this jury that decides the legitimacy of entitlements claims and if said tokens should be returned. By bringing resolution to their cases on-chain, Resolv’s decentralized jury will help make the recovery of assets more consistent and visible.
This asset recovery system is a real game changer. It allows to greatly improve the security and trustworthiness of DeFi platforms. With Resolv as a companion tool, you have a better chance of getting stolen assets back. This new approach makes it less risky to dip toes into the DeFi ecosystem. Resolv’s asset recovery system empowers users to guard against the devastating financial impacts of theft and fraud.
Tokenomics and Market Performance
With a total fixed supply of 1 billion RESOLV tokens, Resolv’s model is non-inflationary by design. This fixed supply is designed to make the currency scarce and thereby increase value over time. Resolv’s non-inflationary tokenomics are set up to reward long-term holders of the token.
At initial release, only 15.6% (155.75 million) of Resolv tokens will be in circulation. This initial supply is purposefully limited to help reduce inflation and generate demand for the token. Resolv's circulating supply is carefully managed to support the token's value.
Currently, Resolv is trading at $0.34 per token with a market cap of about $53 million. This gives it a fully diluted valuation of approximately $342 million. Resolv's market performance reflects investor confidence in the project's potential and its unique features. Resolv has some high-profile backing, which usually comes with increased market visibility and credibility. This support can help make sure the project sees long-term success and adoption.
The Team Behind Resolv
Resolv was founded in 2023 by a trio of experienced DeFi builders: Ivan Kozlov, Tim Shekikhachev, and Fedor Chmilevfa. From smart contracts to risk mitigation to adoption, their combined expertise and experience in the DeFi space are sure to take the project to new heights. It’s the founders’ backgrounds and track records that lend serious credibility to the Resolv project.
Ivan Kozlov, another co-founder, contributes deep expertise in blockchain technology and decentralized finance. Tim Shekikhachev’s specialty is crafting cutting-edge DeFi products. Fedor Chmilevfa brings over 20 years of experience in building and scaling successful technology startups to Village Capital.
Resolv’s team has a deep well of experience to draw from. They are well-supported by world-class investors and have a unique product that truly fills market needs. Together, all of these factors definitely puts Resolv in a place where they could be successful in the competitive DeFi landscape. The team's vision and expertise are critical to the execution of Resolv's roadmap and the achievement of its goals.
