Resolv officially pulls in the list of my observation potentials In one sentence, Resolv: an enhanced version of on-chain Ethena, the largest alpha mark of stablecoins At present, the price of Resolv is $0.38, the circulating market value is $50 million (low valuation), and the FDV is 380 million. Compared with similar projects Ethena, Ethena's circulating market value is 2.2 billion, FDV is 5.4 billion, and of course, Ethena's tvl is also higher, mainly because the track ceiling is relatively high, that is, the imagination is relatively large. In terms of investment background, coinbase, Delphi have all invested, as well as Gumi Cryptos, Gumi is a veteran Web3 VC, and is extremely cautious in the fields of stablecoins, structured finance, and infrastructure Why are you optimistic about the future price of Resolv? 1. The stablecoin track is too tempting, such as the recent listing of Circle, the parent company of usdc, which is traditional, that is, it does not use the assets of the currency circle as collateral and does not share benefits with the currency circle. The new school is Ethena, which adopts a delta-neutral strategy to maintain stability and transfer benefits to users in the cryptocurrency circle @ResolvLabs is an enhanced and optimised version of Ethena, which is supported by ETH/BTC derivative holdings and RLP (Risk Control Insurance Pool), while Ethena only has a single token model (USDe), and all risk and reward flow into stablecoin holders 2. The overall valuation is relatively low, which is the biggest benefit of this round of investment, this round has indeed removed the huge bubble of the past VC disk in the currency circle, so the VC projects on this round are all low valuation online, which provides a good safety bottom line. The biggest advantage of Resolv is precisely that there is a pioneer like Ethena as an anchor, Ethena FDV is 5.4 billion, while Resolv is only 380 million, less than one-tenth of Ethena, and the safety bottom line and potential valuation are very suitable for price investment Speaking of the fundamentals of Resolv itself, the agreement fee profit sharing plan has not yet been launched, and if it is implemented, it will greatly increase the intrinsic value; With the bundled growth of USR, the more USR is issued, the higher the governance value, which is a high probability event for the steady growth of USR in the visible time However, June 27 will usher in a round of small unlocking (about 1.3% of the total amount) for investors and liquidity providers, so you need to pay attention to the market reaction and choose the opportunity to participate The core reasons for pulling Resolv into the list of my observed potentials are that the relatively low valuation provides a safe floor, the price increase of the token due to the predictable growth of the USR bundle, and the success of Ethena as a reference anchor and model, which is very suitable for long-term ambushes