Gauge Request Presentation:
Simple summary:
Resolv is the protocol that maintains USR, an ETH-backed stablecoin. Additionally to over-collateralisation, the stability of the token is protected by the Resolv Liquidity Pool, an insurance layer for USR to protect it from market risks. People who hold USR earn Resolv points.
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 unknown as the rewards for those points have not been announced.
- Resolv’s total TVL on Ethereum is $672M
- 558M USR in circulation
Community poll:
- Yes, create a gauge for the USR pool
- No, do not create a gauge for the USR pool