What is Resolv Labs?
Resolv is a DeFi protocol that issues USR, a stablecoin backed by Ether (ETH) and pegged to the US Dollar. The protocol utilizes an ETH-backed model to maintain stability, allowing users to mint and redeem USR. Key features include market neutrality, capital efficiency, and an insurance layer provided by the Resolv Liquidity Pool (RLP) to protect users.
Why Participate in the Airdrop?
Resolv Labs has secured significant backing and demonstrated strong growth, making its airdrop a noteworthy opportunity:
- Strong Funding: The project successfully raised $10 million from top-tier investors like CyberFund, Maven11, Coinbase Ventures, Susquehanna, Arrington Capital, and Animoca Ventures.
- Proven Security & Traction: The protocol is audited, boasts a Total Value Locked (TVL) of over $408 million, and has a rapidly growing user base of more than 48,000 participants.
- Multi-Chain Presence: Resolv operates on both Ethereum Mainnet and Base, providing users with flexibility and accessibility.
Step-by-Step Airdrop Guide
1. Preparation:
- Have an EVM-compatible wallet, such as MetaMask or OKX Wallet.
- Prepare some ETH on the Ethereum network for gas fees.
- Hold USDC on the Ethereum network to interact with the protocol.
2. Get Started:
- Go to the official Resolv Points page:
https://app.resolv.xyz/points. - Connect your wallet to the platform and complete any required registration steps.
3. Interact with the Protocol:
- Navigate to the 'Buy and Earn' section.
- Perform a swap, converting your USDC from Ethereum Mainnet into the protocol's native stablecoin, USR.
4. Earn and Track Points:
- After completing your transactions, go to the 'POINTS' section.
- Here you can monitor your accumulated points and discover other available activities to earn more. Engaging more with the protocol may lead to a larger allocation.
