The DeFi protocol Resolv has announced that it will gradually implement protocol fees starting in July, with the first four weeks being 2.5%, 5.0%, 7.5%, and 10.0% of daily profits respectively. Fees are only charged when there are positive returns, aiming to share the rise and activate the RESOLV flywheel.

Gate News Bot news, July 22, according to CoinMarketCap, as of the time of writing, RESOLV (Resolv) is currently priced at $0.19, having risen 16.44% in the last 24 hours, with a high of $0.20 and a low of $0.15. The current market capitalization is approximately $50.4 million, an increase of $7.12 million from yesterday. Resolv USR is a true delta-neutral stablecoin, independent of real-world asset risks, with its yield driven by the cryptocurrency market. USR is backed by ETH, BTC, and derivatives, built to withstand fluctuations in the crypto market. The Resolv Liquidity Pool (RLP) serves as a scalable tokenized protective layer, isolating the risks of the stablecoin. Features of USR include high capital efficiency, risk isolation, and competitiveness.

PANews reported on June 10 that the Hyperliquid platform announced that it now supports long or short trading on $RESOLV, with up to 3 times leverage.