SGR 52: RLP

Gauge Request Presentation:

• Targeted Pair: 0x75c91a79faf0fe64accdbd51e3fa6321d8952d84
• IBT contract address: 0x4956b52aE2fF65D74CA2d61207523288e4528f96
• Spectra Wrapped IBT: 0x4eafef6149c5b0c3e42ff444f79675b3e3125cb7
• Current TVL on in the Pair’s liquidity: $8.38M
• Current TVL as IBT: $91.05M
• Twitter: @ResolvLabs
• Chain : Ethereum

Simple summary:

Resolv is the protocol that maintains USR, an ETH-backed stablecoin. The RLP token represents a share in the Resolv Liquidity Pool, which acts as an insurance layer for USR to protect the stablecoin from market risks, in exchange of revenue.

Benefit of this integration for Resolv

• More liquidity & Additional yield opportunities for their community

Benefit of this integration for Spectra

• More yield opportunities for SPECTRA holders
• Increase Spectra’s tokenized TVL
• Increased Visibility for Spectra

Metrics:

• The current Native APY is 28.9%
• Resolv’s total TVL on Ethereum is $653.7M TVL
• 558M USR in circulation