It came back.
PT-RLP from @ResolvLabs is out with a new expiry:
@pendle_fi @PendleIntern @MorphoLabs @Morpho_Intern Resolv is innovating in the stablecoin space by tranching risk with the USR/RLP combo:
â USR is an overcollateralized, non-yield bearing stable, backed by ETH and stETH + short futures in CeFi and DeFi to hedge price movements. On average, these shorts positions earn funding.
â RLP represents the Resolv Liquidity Pool, designed to protect USR from market and counterparty risks. If losses occur, they are attributed to RLP holders. In exchange, they receive a higher portion of profits of the collateral pool. RLP has a price, representing value of ETH backing a single unit of RLP token.
â ïž Trading on leverage carries significant risk. This is not financial advice.
Contango builds positions on variable rate markets. If you donât understand its mechanics, refrain from trading or staking, and read:
1.87K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.