Resolv Labs, the company developing the decentralized protocol Resolv, has announced the successful raising of $10 million in investments. This occurred during a seed round co-led by Cyber.Fund and Maven11, with participation from investors such as Coinbase Ventures, Arrington Capital, Gumi Cryptos, NoLimit Holdings, Robot Ventures, and Animoca Ventures.
This is reported by Finway
Innovations and Strategies of Resolv Labs
The Resolv protocol offers a profit-generating strategy for users of its stablecoin USR, which is pegged to the US dollar. According to information provided by the project team, USR implements a delta-neutral strategy similar to the USDe model from Ethena, which has a market capitalization of $5 billion.
Revenue from the use of the stablecoin is distributed between two types of tokens: the less risky USR with fixed returns and RLP with variable yields.
Future Plans
Resolv Labs founder Ivan Kozlov stated:
“I believe stablecoins are the ideal infrastructure for profit distribution. This segment has the potential to outperform traditional transactional assets like USDT.”
Following the funding, the Resolv team plans to implement new profit strategies based on Bitcoin and strengthen collaboration with institutional players. Additionally, Resolv is preparing for integration with other blockchains.
It is worth noting that earlier, the company Glider announced the completion of a $4 million funding round, which was conducted under the guidance of the accelerator from Andreessen Horowitz (a16z).