True Delta-Neutral Architecture

True
Delta-Neutral Architecture

True
Delta-Neutral Architecture

TDN

A fresh approach to stablecoins and yield generation in crypto

Accelerated by

How it works

TDN Architecture:

ETH is separated into two parts.

On-chain
assets

Custodied
assets

Resolv

Treasury

TDN Architecture:

ETH is separated into two parts.

On-chain
assets

Custodied
assets

Resolv

Treasury

First part is kept on-chain and staked

On-chain
assets

Custodied
assets

ETH Staking

Resolv

Treasury

First part is kept on-chain and staked

On-chain
assets

Custodied
assets

ETH Staking

Resolv

Treasury

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

Second part is used as a margin for hedging ETH market risk

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

Second part is used as a margin for hedging ETH market risk

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

This position is delta-neutral and forms the backing of the Resolv Treasury

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

This position is delta-neutral and forms the backing of the Resolv Treasury

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

Yield is generated from staking and hedges funding rates

On-chain
assets

Custodied
assets

ETH Staking

Futures

Hedges

Institutional
custody

Resolv

Treasury

Yield is generated from staking and hedges funding rates

On-chain
assets

Custodied
assets

ETH Staking

USR

Adversity-proof,
decentralized stablecoin fully backed by on-chain assets

Futures

Hedges

Institutional
custody

RLP

Redeemable token
with leveraged yield, protects USR
from losses

Resolv

Treasury

Protection Layer

Dual-tranche structure isolates risks into stablecoin (USR) and a separate investment instrument with leveraged yield (RLP)

RLP protects USR holders from adverse market events and funding rates volatility

On-chain
assets

Custodied
assets

ETH Staking

USR

Adversity-proof,
decentralized stablecoin fully backed by on-chain assets

Futures

Hedges

Institutional
custody

RLP

Redeemable token
with leveraged yield, protects USR
from losses

Resolv

Treasury

Protection Layer

Dual-tranche structure isolates risks into stablecoin (USR) and a separate investment instrument with leveraged yield (RLP)

RLP protects USR holders from adverse market events and funding rates volatility

On-chain assets

ETH Staking

USR

Adversity-proof,
decentralized stablecoin fully backed by on-chain assets

Futures

Hedges

Institutional custody

RLP

Redeemable token
with leveraged yield, protects USR
from losses

Resolv

Treasury

Custodied assets

On-chain assets

ETH Staking

USR

Adversity-proof,
decentralized stablecoin fully backed by on-chain assets

Futures

Hedges

Institutional custody

RLP

Redeemable token
with leveraged yield, protects USR
from losses

Resolv

Treasury

Custodied assets

On-chain
assets

Custodied
assets

Resolv

Treasury

Our benefits

Stability

Backed by on-chain assets

Frictionless mint & burn

Overcollateralized by protection layer

Stability

Backed by on-chain assets

Frictionless mint & burn

Overcollateralized by protection layer

Efficiency

1:1 mints

Easy to build leveraged positions

No liquidations

Efficiency

1:1 mints

Easy to build leveraged positions

No liquidations

Transparency

Decentralization-driven setup

Auditable protocol backing at all times

Observable crypto-native yield

Transparency

Decentralization-driven setup

Auditable protocol backing at all times

Observable crypto-native yield