Decentralized CDPs
Resolv is a decentralized protocol issuing USR, a delta-neutral stablecoin backed by crypto.
Ethereum
PlasmaResolv is a pioneering DeFi protocol that issues USR, a decentralized stablecoin designed to maintain stability through a delta-neutral hedging strategy.
By pairing its underlying cryptocurrency collateral (such as ETH and BTC) with corresponding short futures positions, Resolv effectively neutralizes market volatility.
This allows users to hold a stable asset that is backed by transparent, on-chain crypto assets while avoiding the risks associated with traditional centralized stablecoin issuers.
The protocol provides a scalable and robust alternative for on-chain dollar liquidity.
Twenty-two hundred words on what broke and why, published rather than summarised. Incident writing is the fastest way to learn how a protocol really works.
Five thousand words setting out where a synthetic dollar protocol goes next. Long enough to actually contain the reasoning rather than the conclusions.
Bringing collateralised loan obligations into a crypto-backed dollar product. Worth reading closely for how the risk of that asset class is being handled.
Decentralized Derivatives • Arbitrum
Decentralized CDPs • Ethereum
Decentralized Derivatives • Arbitrum
