Resolv Raises $10M Seed Round for ETH-Backed Stablecoin
Resolv Raises $10M Seed Round for ETH-Backed Stablecoin
🎯 ETH-Backed Stablecoin Plot Twist
Resolv has secured a $10M seed round co-led by Maven 11 and Cyber Fund, with backing from KPK and Ether.fi. The project introduces USR, a novel stablecoin backed by ETH using delta-neutral strategy and hedging with short perp futures.
Key features:
- USR maintains dollar peg through ETH backing and futures hedging
- Two-token system: USR for stability and RLP for liquidity provision
- stUSR offers staking rewards without lockup periods
- RLP holders earn 70% base rewards plus 30% risk premium
Current opportunities include:
- Farming points through staking and liquidity provision
- Yield farming on Spectra Finance (45x points) and Balancer (100% AAVE boost)
- NFT holding and referral bonuses
Octav Launches Email Portfolio Analytics Service
Octav has introduced a new service that delivers personalized on-chain portfolio analytics directly to users' inboxes. The service offers: - Customizable delivery schedules (daily/weekly) - Multi-chain portfolio tracking across 25+ networks - Detailed transaction history and deposit analytics - Professional-grade data visualization The platform, available at [pro.octav.fi](https://pro.octav.fi), aims to streamline portfolio monitoring for individuals, DAOs, and development teams. Try it now to receive automated portfolio insights with your morning coffee.
Digital Ghost Towns: The Hidden Security Threat in DeFi
**Abandoned crypto project websites** have become prime targets for scammers, representing a significant security vulnerability in DeFi. These digital ghost towns exploit user trust through: - Familiar URLs and interfaces that lower user defenses - Psychological manipulation of users seeking to recover forgotten funds - Easy acquisition of abandoned domains The issue stems from DeFi's open-source nature, creating a paradox where transparency becomes a liability. Solutions require: - Better project shutdown procedures - Enhanced front-end security - User education about verification - Industry-wide standards for project lifecycles *Data analytics can help track suspicious patterns but cannot prevent front-end vulnerabilities.*
Celeron Partners with Bulla Exchange to Power Next-Gen DEX Strategies
**Key Updates This Week:** - Celeron partners with Bulla Exchange to improve DEX order management and minimize slippage on Berachain - QuickSwap launches $SWCH-$QUICK pool on Polygon PoS with 103% APR - Puffer extends Season 2 rewards until August 15 for $CARROT farming - Arcana Wallet introduces cross-chain XP rewards program - Durian teams up with Bounce Finance offering 10x points boost for $AUCTION trading All protocols mentioned are now tracked on Octav's multi-chain analytics platform.
Lido's Gearbox Instance Hits $25M TVL After Launch
Gearbox Protocol has launched a dedicated instance for Lido, reaching $25M in TVL shortly after launch. The integration creates a new wstETH credit market powered by Mellow Protocol vaults. Key features: - Up to 20x leverage for borrowers using Mellow markets - Lenders can provide wstETH without impermanent loss or lockups - Annual rewards available on DVstETH (14x) and rstETH (20x) The partnership showcases Gearbox's institutional-grade features: - Customizable rates - Deep liquidity - Security-tested infrastructure - No liquidity fragmentation [Learn more about the Lido instance](https://blog.gearbox.fi/lido-instance-2/)