# What is Resolv?

Resolv is the financial layer for stable returns.

Resolv provides the foundation for sustainable and low-risk yield generation suited for the needs of market participants, from project treasuries and blockchains to neo-banks looking for new product options.

Resolv is built as a three-layer financial system, each part designed for a different type of user, risk, and yield profile:

* **USR (Resolv USD)** — a crypto-native prime asset engineered to provide stable, yield-bearing exposure without directional market risk.
* **RLP (Resolv Liquidity Pool) —** leveraged yield product for advanced users and liquidity providers who protect from risks to holders of USR.
* **Vaults** — Professionally operated strategies that deliver enhanced, sustainable returns without requiring users or allocators to manage exposure, leverage, or rebalancing.

The protocol's main features include:

* Issuance and redemption of USR and RLP against other tokens;
* Maintaining sufficient backing for USR by allocating collateral pool into diverse digital asset money market instruments, such as staking, futures, lending, and tokenized RWAs.

Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on a 1:1 basis.


# USR

USR is Resolv’s stablecoin - a crypto-native prime asset engineered to provide stable, yield-bearing exposure without directional market risk.

#### Key features of USR:

* It can be minted and redeemed by users on a 1-to-1 basis for liquid collateral
* Redemptions are made within 24 hours and are instant in select cases.
* USR is overcollateralized. In addition to 100% collateral, there is an insurance layer formed by liquid assets. The insurance layer token is [RLP](/litepaper/overview/rlp).
* USR is a utility token – it holds the value of $1. It does not bear yield.
* Users can stake USR to get yield. Staked USR (stUSR) is a yield-bearing version of USR.


# RLP

RLP is the performance engine of Resolv – a leveraged yield product designed for advanced users and liquidity providers who protect holders of USR from risks. 

Portfolio of liquid assets allocated in crypto money markets backs USR with a more than 100% ratio. The excess part of the collateral serves as backing for the RLP – Resolv Liquidity Pool. 

Key features of RLP:

* RLP has a price, representing a value of assets backing a single unit of RLP token.
* RLP price can vary. Collateral required for minting or redemption is based on the latest price.
* RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive a higher portion of the profits of the collateral pool.


# Resolv Collateral Pool

To back the stablecoin, a collateral pool is allocated into crypto money market instruments. Key features of the collateral pool strategy are:

* ETH and BTC price fluctuation against USD is fully hedged with [perpetual futures](/litepaper/useful-definitions/perpetual-futures) to form a [delta-neutral portfolio](/litepaper/useful-definitions/delta-neutral-portfolio).
* USD-neutral assets allocated into DeFi asset clusters.
* The majority of collateral is held directly on-chain. A portion of collateral is held in institutional custody as margin for futures.

For details on collateral management, see Protocol Mechanics - [Collateral Pool](/litepaper/protocol-mechanics/collateral-pool) section.


# Profit distribution

Resolv collateral pool is allocated to crypto money market instruments to back the stable value of USR. Additionally, it accrues profits from different strategies described [here](/litepaper/protocol-mechanics/collateral-pool):. 

Pool profit is split into three parts, each distributed every 24 hours:

* Base Reward — to holders of staked USR (stUSR) and RLP;
* Risk Premium — exclusively to RLP;
* Protocol Fees — to the protocol treasury.

Collateral pool may also incur losses from time to time. For example, costs of maintenance futures positions (funding rates). If the protocol realizes a loss over such 24-hour period, it is allocated to RLP. No distributions are made from the protocol then.

For more details on how the profits of the protocols are distributed, see Protocol Mechanics - [Profit Distribution](/litepaper/protocol-mechanics/profit-distribution) section.


# Why use Resolv?

As a stablecoin architecture, Resolv has a number of benefits: 

**Capital Protection.** USR is backed by liquid, prime assets. Its collateral coverage ratio is one of the best in class. View the live USR collateralization ratio in the [dashboard](https://app.resolv.xyz/collateral-pool)

**Broad exposure to crypto yields.** Resolv’s modular architecture enables allocation to diverse markets for stable, risk-managed returns.

**Independence from fiat currencies.** There is no $1 in the world directly attached to Resolv tokens. The only link is a claim to the exchange (in case it is a CEX), efficiently managed in terms of counterparty risk.

**Capital efficiency.** Minting $1 worth of USR or RLP requires $1 worth of assets (net of minting costs). No need to overcollateralize stablecoin position.

**Peg.** USR can be redeemed at all times for $1 worth of other USD stablecoins, so any deviation from the peg can be promptly pulled to zero by arbitrage activities.

**Insurance Layer.** USR is protected by RLP, a scalable insurance layer. 

**Profitable business model.** The treasury allocates inventory into staking and earns additional funding fees on futures positions. 


# Delta-Neutral Portfolio

A *delta-neutral portfolio* is a result of a trading strategy that seeks to minimize exposure to price fluctuations in an underlying asset, such as a cryptocurrency.

In a delta-neutral portfolio, an investor seeks to balance the risk of price movements by combining multiple positions that offset price movements of each other. This is typically achieved through the use of financial derivatives, such as options or futures contracts.

Here's how it works:

1. **Underlying Asset**: The delta-neutral portfolio includes a certain quantity of the underlying asset (e.g. BTC or ETH). This serves as the core asset in the portfolio.
2. **Derivative Contracts**: To achieve delta neutrality, the investor enters into derivative contracts that are directly linked to the underlying asset's price.

While this strategy is well-known and widely used in traditional finance, it is the ability to tokenize a delta-neutral portfolio that allows to create a fundamentally new type of stablecoin. And at it's core, it requires only on-chain assets and derivatives market to function.

For the sake of further illustrations, let's have a closer look on the most common derivative instrument used for hedging.


# Perpetual Futures

*Perpetual futures* (often abbreviated as "perps") are a type of futures contract that does not have an expiration date like traditional term futures contracts. This allows them to mimic the behavior of the underlying crypto asset. Perps are settled periodically, usually every few hours, through a mechanism called funding.

The funding mechanism ensures the perp price remains closely aligned with the actual spot price of the underlying asset. In instances where the perpetual futures price diverges from the spot price, funding payments are exchanged between long and short position holders. This process incentivizes market participants and restores the price equilibrium with the spot market.

Perpetual futures are typically categorized into linear futures contracts and inverse futures contracts. In the crypto market, linear futures contracts are also referred to as stablecoin contracts, as their pricing is denominated in USDT or USDC. In contrast, inverse futures contracts, often termed coin-margined contracts, use tokens like BTC or ETH as settlement currency.

Since in base case Resolv treasury uses short futures positions, another thing to consider is what happens with short perps when underlying price moves.

When price goes up, short position has unrealized losses and margin has to be topped up (more funds to be allocated to the exchange). Otherwise, the position will get liquidated (forced closure of the position by the exchange with immediate settlement of financial result) and the losses become realized.

When price goes down, short position has unrealized gains. Since these gains are unrealized yet, there is a risk that exchange will not be able to make payments under the contract (payment default). It is a good idea to reopen the futures contract at new market levels to realize the gains and withdraw funds from the exchange to not carry that risk.


# USR

USR is a stablecoin fully collateralized by ETH, BTC, and USD-neutral assets that are allocated across DeFi asset clusters. Users can access Resolv to interact with USR:

* [Mint](/litepaper/using-resolv/usr/mint);
* [Stake](/litepaper/using-resolv/usr/stake);
* [Redeem](/litepaper/using-resolv/usr/redeem).


# Mint

USR is minted by depositing liquid USD-neutral assets on 1:1 value basis less minting fees.

At the current stage of protocol implementation:

* USDC and USDT can be used to mint USR;
* Minting fees are waived.


# Stake

#### **Staking**

Users can stake USR to receive allocation of Resolv collateral pool profits. 

Staking is done on a 1:1 basis (1 USR is 1 stUSR) and can be carried out at any time.

#### Staking rewards

Value of stUSR is equal to value of USR. Quantity of stUSR accrues over time (rebasing) from staking rewards. 

#### **Unstaking**

Unstaking can be carried out at any time on a 1:1 basis. There is no waiting period.

#### **Wrapped Staked USR**

StUSR has a wrapper token, wstUSR. It is a non-rebasing version of staked USR, value of which accrues over time from staking rewards.


# Redeem

When USR is redeemed, a user receives a 1:1 (USDC, USDT) equivalent to the notional amount of the USR burned less redemption fees.

At current stage of protocol implementation:

* USR can be redeemed into USDC or USDT;
* Redemption fees are waived;
* USR redemption is processed within 24 hours.


# RLP

RLP is a token representing a share in insurance pool of Resolv. Users can access Resolv to interact with RLP:

* [Mint](/litepaper/using-resolv/rlp/mint);
* [Redeem](/litepaper/using-resolv/rlp/redeem).


# Mint

RLP is minted by depositing liquid assets, such as USDC, USDT or ETH. Quantity of RLP received is based on RLP price updated each 24 hours less minting fees.

At current stage of protocol implementation:

* USDC and USDT can be used to mint RLP;
* Minting fees are waived.


# Redeem

When RLP is redeemed, a user receives a 1:1 (USDC, USDT or ETH) equivalent to the value of RLP redeemed less redemption fees.

Redemption of RLP can be carried out at any time, to the extent that the USR collateralization ratio is above 110%.

At current stage of protocol implementation:

* RLP can be redeemed into USDC or USDT;
* Redemption fees are waived;
* RLP redemption is processed within 24 hours.


# Resolv points

## Concluding the Resolv Points Program

The points program was originally introduced at the launch of Resolv as a publicly available protocol. It served as an instrument to reward consistent product usage, bootstrap activity, reward participation, and accelerate adoption.

As the protocol matured, participation dynamics shifted.

In the last season:

* The majority of points were accumulated by large allocators: the top 100 wallets accounted for approximately 85% of total points (up 20% compared to previous seasons).
* Institutional distribution became a more impactful growth lever.

As Resolv increasingly aligned with an institutional direction, the team prioritized capital efficiency and targeted growth mechanisms over broad distribution programs.

Another observation from recent seasons was that **liquid rewards** consistently proved more efficient for users, mainly due to their predictability and immediate unlock.

This led Resolv to shift its focus toward:

* Structured programs for larger allocators (rebates, tailored incentive agreements for the largest integrators);
* Focused liquidity incentives in priority markets (e.g., new network launches, key liquidity pools).

The objective was to direct incentives where they delivered measurable impact on TVL, liquidity depth, and protocol resilience.

## **Resolv points** 

Resolv points are earned through various activities within Resolv. Each activity rewards users with the base payout. Learn more about those activities on the Points page. 

### **Boosts**

Boosts increase the base payouts of relevant activities. 

Boosts are calculated as percentages of base payouts and summed up with them. 

All users automatically receive the Epoch boost. There will be several epochs, and the boost will be diminishing with each new epoch. Thus, early users receive a larger boost.

> In particular, Total points rewarded = Base payout x (1 + boost1 + boost 2 + ... + boostN) 

There are multiple other boosts. Find out about them by following Resolv's social media!

[X (Twitter)](https://x.com/ResolvLabs) |  [Discord](https://discord.gg/resolvcommunity) | [Telegram](https://t.me/Resolv_Community)


# Seasons

The Resolv Points program will have various Seasons, coinciding with multiple rounds of $RESOLV token rewards. Each season will be unique in its approach.

## Why Seasons?

Seasons effectively reward sustained engagement with the protocol while encouraging growth across various components of the Resolv product suite. 

## Will every Season be similar?

As we expect product growth, the points program will evolve considerably over time.

Each season will have:

* Varied duration
* Different mechanics
* Different allocation
* Unique airdrop schedules


# Season 1

This season will prioritize rewarding our current users while encouraging new users to discover our product suite. The points system is fully dynamic, allowing us to incentivize specific behaviors on the protocol.

Season 1 lasts nine months and culminates in the $RESOLV Genesis Airdrop in May 2025, with an airdrop allocation of 10% of the total token supply.

## How It Works

Using products listed on Resolv will earn you points.

#### Default Point Rates

* **Holding USR**: 30 points per asset per day
* **Hold stUSR:** 5 points per asset per day
* **Holding RLP**: 10 points per asset per day
* **Other activities**: 5-45 points per asset per day. Check in the [app](https://app.resolv.xyz/points)

#### Daily Earnings Boost

* Resolv Blueprint NFT: +25%. [Check eligibility](https://launchpad.heymint.xyz/mint/blueprint-resolv) or [Buy](https://opensea.io/collection/blueprint-by-resolv).
* Referee Welcome Boost: +20%. Applies to users who joined via a referral link. 
* Grand Epoch: +25%. Applies to all users.
* Ticker is $RESOLV: +75%. Applies to all users ahead of Season 2.

## Season Stats

**$RESOLV Allocation Distributed for Rewards:** 10%


# Season 2

Season 2 of Resolv Points is the next phase of growth for the protocol

This season aims to expand the Resolv user base and promote exploration of the Resolv product suite.

Season 2 will run for four months from 9 May to 9 September 2025. 

**The airdrop allocation for Season 2** will be 5% of the total token supply.

## How It Works

Using Resolv products and their ecosystem integrations will earn you points.

#### Base Point Rates

* **Holding USR**: 20 points per asset per day
* **Hold staked USR:** 5 points per asset per day
* **Holding RLP**: 20 points per asset per day
* **Other activities**: 5-45 points per asset per day. Check in the [app](https://app.resolv.xyz/points)

#### Daily Earnings Boosts

* Resolv Blueprint NFT: +25%. [Check eligibility](https://launchpad.heymint.xyz/mint/blueprint-resolv) or [Buy](https://opensea.io/collection/blueprint-by-resolv).
* Referee Welcome Boost: +20%. Applies to users who joined via a referral link. 
* From Season 1 with Love: +10%. Applies to users who have participated in season 1. 
* Believer Boost: +10%. Applies to users who believed in Resolv from the first days, participated in Resolv before 16 December 2024, and contributed to the first $100M TVL.
* $RESOLV Staking Boost: up to 100%. Applies to users who stake $RESOLV.

## $RESOLV Staking Boost

Users can stake it to enhance their baseline boost, which can increase up to a maximum of 100%.

$stRESOLV boost rewards users who stake $RESOLV with additional Resolv Points. Here's how it works:

### Boost Formula

When you stake $RESOLV, you receive a **boost of up to 100%** on the Resolv Points you earn.

$$
\text{Boost %} = \frac{\text{Dollar value of staked $RESOLV}}{\text{Dollar value of point-earning activities}}
$$

(subject to a maximum of 100%)

***

### RESOLV Price Calculation

To determine the value of your staked $RESOLV:

* The $RESOLV price is updated **daily** using the **30-day average price** from May 27
* If the current average is **below the season's starting price**, then the **starting price** is used instead.
* **Season 2 Starting Price:** $0.194065

***

### What Counts as Dollar Value of Point-Earning Activities?

Provided that an activity participates in Resolv Points campaign, the **dollar value of such point-earning activity** is calculated as follows:

#### ✅ Included:

* **USR, staked USR, RLP:**\
  Full dollar value of your holdings.
* **Liquidity Provider Positions (e.g. on DEXes):**\
  Full value if **Resolv tokens** are on **at least one side** of the pair.
* **Partial-Points Markets (e.g., Morpho USDC vaults where Resolv Points are allocated on part of deposits):**\
  Only the portion of the position that accrues Resolv Points.
* **YT (Yield Token) Positions:**\
  Full dollar value of Resolv assets represented (e.g., 100 YT = 100 wstUSR).

#### ❌ Excluded:

* **PT (Principal Token) Positions:**\
  These **do not accrue points** and are **excluded** from all boost calculations.

***

### Why your points and stRESOLV boost % might change

As Resolv tracks more integrations — including retroactive ones — your points and stRESOLV Boost % may be updated to reflect your full activity across the ecosystem. 

**Example**

You’ve staked $5,000 in RESOLV, and your actual total activity was $40,000.\
&#x20;However, at the time, only $25,000 was tracked by the system.<br>

* Your Boost = 20% ($5k / $25k)

Later, a new integration is added, and your missing $15,000 in activity is now recognized retroactively.\
Your updated activity: $40,000<br>

* Your Boost = 12.5% ($5k / $40k)

This updated Boost % is now applied retroactively to all previously tracked activities & points.

**Result**

* New points added from the newly tracked integration, so your overall total increases.
* At the same time, as the lower Boost % applies across all activities, the increase might not be what you expected.

**Why this matters**

Boost % = your staked RESOLV ÷ total tracked activity.\
As more activities are tracked, your relative stake may represent a smaller share — reducing your stRESOLV boost % and adjusting past points accordingly. This keeps the system fair and proportional as ecosystem coverage grows.


# Season 3

Season 3 of Resolv Points marks the next stage of expansion for the protocol.

This season employs a broader range of Resolv products, encouraging their exploration and use.

Season 3 will run for three months, from **September 9 to December 9, 2025.**&#x20;

**The airdrop allocation for Season 3** will be 3% of the total token supply.

## How It Works

Using Resolv products and their ecosystem integrations will earn you points.

#### Base Point Rates

* **Holding USR**: 20 points per asset per day
* **Hold staked USR:** 5 points per asset per day
* **Holding RLP**: 20 points per asset per day
* **Other activities**: 5-45 points per asset per day. Check in the [app](https://app.resolv.xyz/points)

#### Daily Earnings Boosts

* Resolv Blueprint NFT: +25%. [Check eligibility](https://launchpad.heymint.xyz/mint/blueprint-resolv) or [Buy](https://opensea.io/collection/blueprint-by-resolv).
* Referee Welcome Boost: +20%. Applies to users who joined via a referral link.&#x20;
* $RESOLV Staking Boost: up to 100%. Applies to users who stake $RESOLV.

## $RESOLV Staking Boost

Users can stake it to enhance their baseline boost, which can increase up to a maximum of 100%.

$stRESOLV boost rewards users who stake $RESOLV with additional Resolv Points. Here's how it works:

### Boost Formula

When you stake $RESOLV, you receive a **boost of up to 100%** on the Resolv Points you earn.

$$
\text{Boost %} = \frac{\text{Dollar value of staked $RESOLV}}{\text{Dollar value of point-earning activities}}
$$

(subject to a maximum of 100%)

***

### RESOLV Price Calculation

To determine the value of your staked $RESOLV:

* The $RESOLV price is updated **daily** using the **30-day average price** from May 27
* If the current average is **below the season's starting price**, then the **starting price** is used instead.
* **Season 2 Starting Price:** $0.194065

***

### What Counts as Dollar Value of Point-Earning Activities?

Provided that an activity participates in Resolv Points campaign, the **dollar value of such point-earning activity** is calculated as follows:

#### ✅ Included:

* **USR, staked USR, RLP:**\
  Full dollar value of your holdings.
* **Liquidity Provider Positions (e.g. on DEXes):**\
  Full value if **Resolv tokens** are on **at least one side** of the pair.
* **Partial-Points Markets (e.g., Morpho USDC vaults where Resolv Points are allocated on part of deposits):**\
  Only the portion of the position that accrues Resolv Points.
* **YT (Yield Token) Positions:**\
  Full dollar value of Resolv assets represented (e.g., 100 YT = 100 wstUSR).

#### ❌ Excluded:

* **PT (Principal Token) Positions:**\
  These **do not accrue points** and are **excluded** from all boost calculations.

***

### Why your points and stRESOLV boost % might change

As Resolv tracks more integrations — including retroactive ones — your points and stRESOLV Boost % may be updated to reflect your full activity across the ecosystem.&#x20;

**Example**

You’ve staked $5,000 in RESOLV, and your actual total activity was $40,000.\
&#x20;However, at the time, only $25,000 was tracked by the system.<br>

* Your Boost = 20% ($5k / $25k)

Later, a new integration is added, and your missing $15,000 in activity is now recognized retroactively.\
Your updated activity: $40,000<br>

* Your Boost = 12.5% ($5k / $40k)

This updated Boost % is now applied retroactively to all previously tracked activities & points.

**Result**

* New points added from the newly tracked integration, so your overall total increases.
* At the same time, as the lower Boost % applies across all activities, the increase might not be what you expected.

**Why this matters**

Boost % = your staked RESOLV ÷ total tracked activity.\
As more activities are tracked, your relative stake may represent a smaller share — reducing your stRESOLV boost % and adjusting past points accordingly. This keeps the system fair and proportional as ecosystem coverage grows.


# Season 4

Season 4 of Resolv Points marks the next stage of expansion for the protocol.

This season employs a broader range of Resolv products, encouraging their exploration and use.

Season 4 will run for four months, from **December 9, 2025, to February 26, 2026.**&#x20;

**The airdrop allocation for Season 4** will be 1.65% of the total token supply.

## How It Works

Using Resolv products and their ecosystem integrations will earn you points.

#### Base Point Rates

* **Holding USR**: 20 points per asset per day
* **Hold staked USR:** 5 points per asset per day
* **Holding RLP**: 20 points per asset per day
* **Other activities**: 5-45 points per asset per day. Check in the [app](https://app.resolv.xyz/points)

#### Daily Earnings Boosts

* Resolv Blueprint NFT: +25%. [Check eligibility](https://launchpad.heymint.xyz/mint/blueprint-resolv) or [Buy](https://opensea.io/collection/blueprint-by-resolv).
* Referee Welcome Boost: +20%. Applies to users who joined via a referral link.&#x20;
* $RESOLV Staking Boost: up to 100%. Applies to users who stake $RESOLV.

## $RESOLV Staking Boost

Users can stake it to enhance their baseline boost, which can increase up to a maximum of 100%.

$stRESOLV boost rewards users who stake $RESOLV with additional Resolv Points. Here's how it works:

### Boost Formula

When you stake $RESOLV, you receive a **boost of up to 100%** on the Resolv Points you earn.

$$
\text{Boost %} = \frac{\text{Amount of staked $RESOLV}}{\text{Dollar value of point-earning activities}}
$$

(subject to a maximum of 100%)

***

### What Counts as Dollar Value of Point-Earning Activities?

Provided that an activity participates in Resolv Points campaign, the **dollar value of such point-earning activity** is calculated as follows:

#### ✅ Included:

* **USR, staked USR, RLP:**\
  Full dollar value of your holdings.
* **Liquidity Provider Positions (e.g. on DEXes):**\
  Full value if **Resolv tokens** are on **at least one side** of the pair.
* **Partial-Points Markets (e.g., Morpho USDC vaults where Resolv Points are allocated on part of deposits):**\
  Only the portion of the position that accrues Resolv Points.
* **YT (Yield Token) Positions:**\
  Full dollar value of Resolv assets represented (e.g., 100 YT = 100 wstUSR).

#### ❌ Excluded:

* **PT (Principal Token) Positions:**\
  These **do not accrue points** and are **excluded** from all boost calculations.

***

### Why your points and stRESOLV boost % might change

As Resolv tracks more integrations — including retroactive ones — your points and stRESOLV Boost % may be updated to reflect your full activity across the ecosystem.&#x20;

**Example**

You’ve staked 5,000 RESOLV, and your actual total activity was $40,000.\
&#x20;However, at the time, only $25,000 was tracked by the system.<br>

* Your Boost = 20% (5k / $25k)

Later, a new integration is added, and your missing $15,000 in activity is now recognized retroactively.\
Your updated activity: $40,000<br>

* Your Boost = 12.5% (5k / $40k)

This updated Boost % is now applied retroactively to all previously tracked activities & points.

**Result**

* New points added from the newly tracked integration, so your overall total increases.
* At the same time, as the lower Boost % applies across all activities, the increase might not be what you expected.

**Why this matters**

Boost % = amount of your staked RESOLV ÷ total tracked activity.\
As more activities are tracked, your relative stake may represent a smaller share — reducing your stRESOLV boost % and adjusting past points accordingly. This keeps the system fair and proportional as ecosystem coverage grows.


# Vaults

Vaults provide simple access to deploy USR in curated strategies across leading ecosystems, generating real yield and earning exclusive partner incentives.

It’s one of the most efficient ways to earn yield and points.

### Actual Vaults

{% hint style="info" %}
Vaults may be updated periodically. Check the latest opportunities here: <https://app.resolv.xyz/vaults>
{% endhint %}

### Deprecated Vaults

The list of deprecated vaults can be found here:

{% content-ref url="/pages/VlXZR4PJhuZSYozuvwq1" %}
[Deprecated Vaults](/litepaper/using-resolv/vaults/deprecated-vaults)
{% endcontent-ref %}


# Deprecated Vaults

<table data-full-width="true"><thead><tr><th width="109.32421875">Vault</th><th width="162.7890625">Deprecation date</th><th width="289.2578125">Reason</th><th>Where to withdrawal</th><th>Extra</th></tr></thead><tbody><tr><td>TAC USR</td><td>03 Nov 2025</td><td>Liquidity limitations on the chain and current scaling constraints that prevent sustainable vault growth.</td><td><a href="https://app.lagoon.finance/vault/1/0x33c12e0183a3f0c63db925a333da3ec27831624a">https://app.lagoon.finance/vault/1/0x33c12e0183a3f0c63db925a333da3ec27831624a</a></td><td><ul><li>All Resolv points earned through the vault will be recorded and will count toward Season 3.</li><li>Claim TAC rewards <a href="https://app.merkl.xyz/users/">here</a>.</li><li>Vault depositors no longer earn Upshift points as of September 22. Points earned before this date are still valid.</li></ul></td></tr><tr><td>HyperUSD</td><td>01 Dec 2025*</td><td>With Mizu Labs joining MoreMarkets, the HyperUSD vault will shift its strategy toward broader markets beyond the Resolv ecosystem.</td><td><a href="https://mizulabs.xyz/dapp/vault/hyperusd">https://mizulabs.xyz/dapp/vault/hyperusd</a></td><td><ul><li>All points earned through the vault until December 1 will remain with users and will count toward the Season 3 drop.</li><li>Incentives from other protocols have either already been distributed to users (Hyperbeat, Hyperswap) or will be blended into the vault’s yield (Hyperlend).</li></ul><p><br>* The vault is not actually deprecated and remains active; it's hidden from the Resolv UI.</p></td></tr></tbody></table>


# External integrations

The following is a list of external markets, projects, or integrations that use various parts of Resolv’s products.

None of the entities listed is owned or controlled by Resolv Labs. As such, this page is provided for informational purposes only and should not be viewed as a recommendation or endorsement of any of them.

## Bridge

For bridging USR and RLP, Resolv uses infrastructure provided by LayerZero. In addition to programmatic access, the following web application is available:

* [Stargate](https://stargate.finance/bridge)

### Secondary markets

USR and RLP are available in different markets across several chains. Some of the key marketplaces are:

#### Ethereum mainnet

* [Curve](https://curve.fi/dex/#/ethereum/swap)
* [Uniswap](https://app.uniswap.org/)

#### Base

* [Aerodrome](https://aerodrome.finance/swap)


# Resolv Token Airdrop

<table><thead><tr><th width="355.171875">Step</th><th>Period</th></tr></thead><tbody><tr><td>Token Airdrop Registration for Season 1</td><td>9 May - 25 May</td></tr><tr><td>Token Claim for Season 1 (TGE)</td><td>27 May - 27 June</td></tr><tr><td>Token Claim for Season 2</td><td>19 Sep - 19 Oct</td></tr><tr><td>Token Claim for Season 3</td><td>16 Dec - 16 Jan 2026</td></tr></tbody></table>

## Token Airdrop for Season 3

> Claim is here: <https://claim.resolv.xyz>

Resolv users can check their wallets to see if they are eligible for an airdrop right after the claim starts. If the wallet is eligible, users must review and sign the Airdrop Terms to complete the claim.

{% hint style="warning" %}
Eligible Season 3 users have **1 month** from December 16 to January 16, 2026, to claim their airdrop amount.
{% endhint %}

## Error During Claim&#x20;

* The error may occur during the last Ethereum update, which allows switching the wallet account to a smart account. Try to revert to a regular account. Check [MetaMask guide.](https://support.metamask.io/configure/accounts/switch-to-or-revert-from-a-smart-account/)\
  \
  [Open a ticket ](https://discord.gg/resolvcommunity)on Resolv Discord ("get help" section in the left menu), and we will notify you when it is ready. You can also follow updates on our [Telegram](https://t.me/resolvlabs) and [Discord](https://discord.gg/resolvcommunity).

## FAQ

**Will I receive $RESOLV?**

You will receive **stRESOLV**, the staked version with governance rights, rewards, and a Season 3 points boost.&#x20;

**Can I unstake?**

Yes — unstaking is always possible, but comes with a **2-week cooldown**. Unstaked tokens become liquid afterward but stop earning rewards and boosts upon the unstaking request.&#x20;

**Can I trade stRESOLV right after claiming?**

No. All tokens are distributed in staked form. They must be unstaked to become tradable.&#x20;

***

## (Archived) Token Airdrop Registration for Season 1

> Registration and claim are here: <https://claim.resolv.xyz>

Resolv users can check their wallets to see if they are eligible for an airdrop right after registration starts. If the wallet is eligible, users must review and sign the Airdrop Terms to complete registration.

## Resolv Token Claim

The claiming process for the Resolv token airdrop will be announced separately.\
Eligible users who have completed registration have **1 month** to claim their airdrop amount.

## Error During Registration&#x20;

* The error may occur during the last Ethereum update, which allows switching the wallet account to a smart account. Try to revert to a regular account. Check [MetaMask guide.](https://support.metamask.io/configure/accounts/switch-to-or-revert-from-a-smart-account/)
* If you participated in Resolv Activities but **have no points, and remain ineligible.** We will add retroactive points before registration ends and update your eligibility based on the latest data. \
  \
  [Open a ticket ](https://discord.gg/resolvcommunity)on Resolv Discord ("get help" section in the left menu), and we will notify you when it is ready. You can also follow updates on our [Telegram](https://t.me/resolvlabs) and [Discord](https://discord.gg/resolvcommunity).


# Resolv Token Overview

Utility and Characteristics

## Resolv Token

RESOLV is a utility token of Resolv that includes long-term alignment and governance mechanisms.

## Resolv Token Supply

**Ticker**: RESOLV

**Total supply**: 1,000,000,000

## Supply Allocation:

Reserved for RESOLV airdrop Season 1 — **10%**. Unlocked at TGE, with the top wallets subject to short-term unlock schedule.

Reserved for Ecosystem & Community — **40.9%.** Up to 10% unlocked at TGE; 24 months unlock schedule for the rest.

Reserved for Team & Contributors — **26.7%.** 1-year cliff; 30 months linear vesting.

Reserved for Investors — **22.4%**. 1-year cliff, 24 months linear vesting.


# Staked Resolv Token (stRESOLV)

$stRESOLV token allows its holders to participate in the governance of Resolv. Stakers are enabled to receive staking rewards and Points Boost in Resolv Points activities.&#x20;

Long-term holders of $RESOLV can gradually increase the multiplier of their staking rewards, subject to a maximum of 2x multiplier available to users with an average holding period of $stRESOLV of 1 year or more.&#x20;

## How Do I Get stRESOLV?

$stRESOLV cannot be bought, it can only be obtained by converting $RESOLV to $stRESOLV (staking) or by receiving it from another wallet.

Holders of $stRESOLV can convert it to $RESOLV (unstaking) via the user interface. $RESOLV tokens are transferable and are expected to be traded.

## Where Can I See $stRESOLV Rewards?

Staking rewards are regularly deployed into the staking contract (updated every 14 days). $stRESOLV holders continuously accrue their *Rewards* balance every minute.

## APR Calculation for Resolv Staking

1. **rewardRate**

* Defined for each epoch as:

$$
\text{rewardRate} = \frac{\text{USD value}}{\text{duration}}
$$

* *USD value*: Total USD value of tokens allocated to the epoch. Includes $RESOLV tokens and Partnership reward tokens.
* *duration*: Length of the epoch in seconds (14 days by default).

2. **periodFinish**

The timestamp when the current epoch ends and the *rewardRate* resets to zero.

3. **totalEffectiveSupply**

* The total USD value of staked tokens, including delegated and boosted amounts.

### APR Formula

The APR calculation uses the *rewardRate* (tokens per second) and *totalEffectiveSupply* (USD value):

$$
\text{APR} = \frac{\text{rewardRate} \times 31,536,000}{\text{totalEffectiveSupply}}
$$

* 31,536,000 represents the number of seconds in one year
* If the current time is at or after *periodFinish*, then rewardRate = 0 and APR = 0.

***

This formula calculates the annualized percentage yield based on the current per-second reward rate and total staked supply, expressed as a fraction of supply per year.

## How Does the Staking Multiplier Work?

The multiplier is based on how long you have staked $RESOLV tokens. It only updates when you interact with the contract, like staking more or claiming rewards. New deposits may slightly lower it, as they count as newly staked.

For more details, check the [Staking Multiplier Page](/litepaper/resolv-token/staking-multiplier).

## How Does Point Boost for $stRESOLV Work?

When you stake RESOLV, it boosts your Resolv points earnings. The Points Boost percentage is calculated by dividing the amount of your staked $RESOLV by the total USD value of your point-earning activities, ranging from 0% to 100%.

$$
\text{Boost %} = \frac{\text{Amount of staked $RESOLV}}{\text{Dollar value of point-earning activities}}
$$

For more details on the $stRESOLV point boost, check the [Resolv point Season 4 rules](/litepaper/using-resolv/resolv-points/seasons/season-2).

## How Do I Withdraw/Unstake?

$stRESOLV cannot be traded directly. To trade it, you have to unstake $stRESOLV to $RESOLV. This can be done on the Resolv page.

1. Open the **Products**->**Resolv** page, and select the **Unstake** tab
2. Enter the desired unstaking amount and click the **Unstake** button

<figure><img src="/files/j26WIjyL2vUkkQCo5Dp9" alt=""><figcaption><p>Select the Unstake tab in Resolv Page</p></figcaption></figure>

3. Confirm the unstaking transaction by signing it in your wallet

<figure><img src="/files/bAYtWOF12KApMXQbblYs" alt=""><figcaption><p>Confirm unstaking transaction in the wallet</p></figcaption></figure>

4. After successfully initiating the unstaking, you will see the unstaked amount, along with the date and time when it will be available for collection

{% hint style="warning" %}
Unstaking initializes a 14-day cooldown, after which the user manually claims tokens. New unstaking during the cooldown resets the timer for the entire amount.
{% endhint %}

<figure><img src="/files/fPXGJ5spFI3M8KpxdoYG" alt=""><figcaption><p>Unstaked tokens, along with the date and time they will be available to claim</p></figcaption></figure>

5. Return after at least 14 days to claim your unstaked $RESOLV tokens

## Unstaking and Exit fees

Resolv doesn’t take any fees on unstaking.

{% hint style="warning" %}
Unstaking initializes a 14-day cooldown, after which the user manually claims tokens. New unstaking during the cooldown resets the timer for the entire amount.
{% endhint %}

## Check Your Remaining Time to Unstake $stRESOLV

Once you confirm the unstaking, you can check the remaining date to unstake your $stRESOLV token at the bottom of the stake form.

After the cooldown ends, you will see a “Claim” button near the cooldown amount. Click on it to release unstaked $RESOLV tokens to your wallet.

Unstaking initializes a 14-day cooldown, after which the user manually claims tokens. New unstaking during the cooldown resets the timer for the entire amount.

## $stRESOLV Transferability

The $**stRESOLV tokens** can be transferred from one wallet to another.

### How the $stRESOLV transfer feature works:

* A transfer from User 1 → User 2 is processed as if User 1 performs a *staking withdrawal* and User 2 performs a *staking deposit*.
* As a result, the [Average Holding Period](https://docs.resolv.xyz/litepaper/resolv-token/pages/OJxhGkxtOiLd9MQk2W7u#reward-model.-average-holding-period-multiplier) in the Staking Multiplier is recalculated every time a transfer occurs.&#x20;

{% hint style="warning" %}
The recipient's multiplier will be reset or reduced because of the [Average Holding Period](https://docs.resolv.xyz/litepaper/resolv-token/pages/OJxhGkxtOiLd9MQk2W7u#reward-model.-average-holding-period-multiplier) recalculation.
{% endhint %}

## Resolv Governance

Resolv governance includes adjustment of protocol metrics, approval of new integrations and partnerships, allocation of grants, and protocol treasury for token buybacks. It is planned that governance stakeholders will control the allocation of incentives from partnering products.

[Resolv governance space (on Snapshot)](https://snapshot.org/#/s:resolvgovernance.eth)

[Resolv governance forum (on Discord)](https://discord.com/channels/1252069210528546848/1439374837628928060)

## Partnership Reward

### Ether.fi

Following governance [approval](https://snapshot.org/#/s:resolvgovernance.eth/proposal/0xa8f76639fe13f7035c7cedf912576ccd9d563bcae0099c47b0bb26475c437bb3), 120,000 $ETHFI earned from Resolv’s weETH exposure will be distributed continuously over the 3 months **beginning December 09, 2025**, until March 3, 2026, as part of the staked RESOLV rewards.

\
The remaining $sETHFI, which continues accruing rewards for future distributions, can be tracked [here](https://debank.com/profile/0x6e02e225329e32c854178d7c865cf70fe1617f02).


# Staking Multiplier

Detailed description of the RESOLV staking multiplier

The multiplier is based on how long you’ve staked $RESOLV tokens. It only updates when you interact with the contract, like staking more or claiming rewards. New deposits may slightly lower it, as they count as newly staked.

$RESOLV tokens are staked in a liquid, non‑term-escrowed vault. Unstaking is permissionless but subject to a fixed 14‑day cooldown.

## Staking & Unstaking Workflows

{% hint style="warning" %}
Claiming staking rewards will open together with the token listing, so that users are able to claim rewards on the day trading begins.
{% endhint %}

### **Staking**

Users deposit $RESOLV (via a frontend interface) and receive $stRESOLV. Staking is atomic and permissionless.

### **Unstaking**

Users trigger an unstake, which is subject to a 14‑day cooldown. Once the cooldown elapses, the staked tokens are returned, and the corresponding $stRESOLV is burned.

## Rewards Distribution

* **Epochs:**

  Rewards are allocated in consecutive 14‑day epochs. Reward budget for stakers is a part of total reward budget for Season 2 of Resolv point campaign, which is no lower than 5% total token supply.
* **Reward Types:**

  Rewards include $RESOLV and, potentially, other tokens
* **Allocation:**

  Each user’s reward share is based on their $stRESOLV holding *and* how long the tokens have been staked.

## Reward Model. Average holding period multiplier

Allocation of staking rewards to each holder of $stRESOLV depends on the period during which it has been holding tokens. Long-term holders have a multiplier of up to 2x on their rewards as compared to users who started staking recently.\
The multiplier is updated for future reward accrual when a user interacts with the staking contract. Rewards accrued in the past are computed using the effective balance as it was then. When a user deposits or withdraws $RESOLV, or collects staking rewards, the contract updates effective multiplier for all future rewards.

This approach avoids retroactive recalculation. It works as follows:

### Key Concepts

1. **Raw Stake (X):**

   The number of tokens the user currently has staked.
2. **Accumulated Age (A):**

   The total “token–seconds” the user’s stake has been held. For example, if a user stakes 50 tokens for 1 day (86,400 seconds), the accumulated age is

$$
A = 50 \times 86{,}400 = 4{,}320{,}000 \text{ token–seconds}.
$$

3. **Weighted Average Holding Period (WAHP):**

   The average age per token, calculated as

$$
\text{WAHP} = \frac{A}{X}.
$$

4. **Boost Factor:**

   The boost factor rewards users for holding tokens longer. It is computed (in a fixed‑point manner) as

$$
\text{boostFactor} = \min!\Bigl(1 + \text{WAHP in years},, 2\Bigr).
$$

(For example, if WAHP in years is 0.0192, then the boost factor is 1.0192x.)

5. **Effective Balance:**

   The “effective balance” used for rewards is the raw stake multiplied by the boost factor:

$$
\text{effectiveBalance} = X \times \text{boostFactor}
$$

This is the value that determines each user’s share of the rewards.

6. **Global Effective Supply:**

   The sum of the effective balances of all users. Rewards are distributed in proportion to each user’s effective balance compared to this global total.

## How Deposits and Withdrawals Affect WAHP

### Deposits

* **Before a New Deposit:**

  The user’s tokens have been accumulating age. For example, if a user deposited 50 tokens and held them for 1 day, the accumulated age is 4,320,000 token–seconds, and the average age per token is 86,400 seconds (1 day).
* **When New Tokens are Deposited:**

  The new tokens start with a minimal baseline age (1 second per token).

  * The overall new raw stake becomes the sum of the old stake plus the new deposit.
  * The new total accumulated age becomes the old accumulated age plus the baseline age for the new tokens.
  * The new average age (WAHP) is then

$$
\text{avgAge}\_{\text{new}} = \frac{\text{old accumulated age} + \text{(new deposit baseline age)}}{\text{old stake} + \text{new deposit}}.
$$

* Since the new tokens contribute a very small age, the overall average is “diluted” compared to if the old tokens had continued to accumulate.
* This diluted average age is used to compute a new boost factor (which will be lower than if all tokens had been held for longer) and, in turn, a new effective balance.

### Withdrawals

* **When Tokens Are Withdrawn:**

  The user’s raw stake decreases. Weighted average holding period is not affected.

* **For example:**

  Suppose a user has 100 tokens with a total accumulated age of 1,000,000 token–seconds (so an average of 10,000 seconds per token). If the user withdraws 40 tokens, the new raw stake becomes 60 tokens. To maintain the same average age (10,000 seconds), the new total accumulated age should be:

$$
A\_{\text{new}} = 1{,}000{,}000 \times \frac{60}{100} = 600{,}000 \text{ token–seconds.}
$$

Thus, the weighted average holding period does not change.

## Staking reward allocation example

<details>

<summary>Example</summary>

Let’s consider a two-user scenario over a 14‑day reward period with 140 reward tokens allocated in total (10 tokens per day).

#### Initial Deposits (Day 0)

* **UserA:** Deposits 2000 tokens
  * Raw stake = 2000
  * Accumulated age = 0 (just deposited)
  * Effective balance = 2000 (multiplier = 1)
* **UserB:** Deposits 500 tokens
  * Raw stake = 500
  * Accumulated age = 0
  * Effective balance = 500
* **Global effective supply:** 2000 + 500 = 2500

#### After 7 Days (Before Additional Deposit)

Time elapsed = 7 days = 604,800 seconds.

* **UserA:**

  * The 2000 tokens accumulate:

  $$A\_{A} = 2000 \times 604{,}800 = 1{,}209{,}600{,}000 \text{ token–seconds.}$$

  * Average age

  $$1,209,600,000 / 2000 = 604,800 seconds (7 days).$$&#x20;

  * Boost factor

  * Effective balance

    $$2000 \times 1.0192 \approx 2038.4$$
* **UserB:**
  * Still has 500 tokens with no checkpoint update, so effective balance remains 500.
* **Global effective supply at Day 7:**

  Approximately 2038.4 + 500 = 2538.4.

*Rewards for day 0–7 (70 tokens) are theoretically allocated proportionally (UserA \~56 tokens; UserB \~14 tokens) but remain unclaimed.*

#### Additional Deposit by UserA at Day 7

UserA deposits an extra 500 tokens at day 7.

* **Before Deposit for UserA:**
  * Raw stake = 2000
  * Accumulated age = 1,209,600,000 token–seconds
  * Average age = 604,800 seconds.
* **New Deposit:** 500 tokens, with a baseline age of 1 second per token → adds 500 token–seconds.
* **After Deposit:**
  * New raw stake = 2000 + 500 = 2500 tokens.
  * New total accumulated age

    $$1,209,600,000 + 500 = 1,209,600,500 token–seconds.$$
  * New average age =

    $$\frac{1,209,600,500}{2500} \approx 483,840.2 \text{ seconds (≈5.6 days)}.$$
* **New Boost Factor for UserA:**
  * Convert 483,840 seconds to years:

    $$\frac{483,840}{31,536,000} \approx 0.01535.$$
  * Boost factor

    $$1 + 0.01535 \approx 1.01535.$$
* **New Effective Balance for UserA:**

  $$2500 \times 1.01535 \approx 2538.38 \text{ tokens effective.}$$
* **Global effective supply after UserA’s deposit:**

  UserA: ≈ 2538.38

  UserB: still 500 (since UserB is stale)

  Total ≈ 3038.38 effective tokens.

#### Reward Distribution Over 14 Days

Total reward tokens = 140.

#### Day 0–7 Allocation:

* Global effective supply (based on checkpoints at day 7) was 2500.
* UserA’s share (about 56 tokens):

  $$2000 / 2500 \approx 80%$$
* UserB’s share (about 14 tokens):

  $$500 / 2500 \approx 20%$$

#### Day 7–14 Allocation (after UserA’s additional deposit):

* Global effective supply now is approximately 3038.38.
* UserA’s effective balance is now ≈ 2538.38.
* UserB remains at 500.
* Fraction for UserA (58.45 tokens):

$$2538.38 / 3038.38 \approx 83.5%$$

* Fraction for UserB (11.55 tokens):

$$500 / 3038.38 \approx 16.5%$$

**Total Rewards over 14 Days:**

* **UserA:**

  Day 0–7: \~56 tokens

  Day 7–14: \~58.45 tokens

  Total ≈ 114.45 tokens.
* **UserB:**

  Day 0–7: \~14 tokens

  Day 7–14: \~11.55 tokens

  Total ≈ 25.55 tokens.

Thus, by the end of the 14‑day period, the 140 reward tokens are distributed approximately as **114.45 tokens** to **UserA** and **25.55 tokens** to **UserB**.

</details>


# Buying Resolv Token

Resolv token is traded on centralized and decentralized exchanges.

## Buy on a Centralized Exchange

<table><thead><tr><th width="225.5234375">Exchange</th><th width="514.85546875">Link</th></tr></thead><tbody><tr><td>OKX</td><td><a href="https://www.okx.com/trade-spot/resolv-usdt">https://www.okx.com/trade-spot/resolv-usdt</a></td></tr><tr><td>Binance</td><td><a href="https://www.binance.com/en/trade/RESOLV_USDT?type=spot">https://www.binance.com/en/trade/RESOLV_USDT</a></td></tr><tr><td>Bybit</td><td><a href="https://www.bybit.com/en/trade/spot/RESOLV/USDT">https://www.bybit.com/en/trade/spot/RESOLV/USDT</a></td></tr><tr><td>Gate</td><td><a href="https://www.gate.com/trade/RESOLV_USDT">https://www.gate.com/trade/RESOLV_USDT</a></td></tr><tr><td>MEXC</td><td><a href="https://www.mexc.com/exchange/RESOLV_USDT">https://www.mexc.com/exchange/RESOLV_USDT</a></td></tr><tr><td>Bitget</td><td><a href="https://www.bitget.com/spot/RESOLVUSDT">https://www.bitget.com/spot/RESOLVUSDT</a></td></tr><tr><td>KuCoin</td><td><a href="https://www.kucoin.com/trade/RESOLV-USDT">https://www.kucoin.com/trade/RESOLV-USDT</a></td></tr></tbody></table>

## Buy on a Decentralized Exchange

<table><thead><tr><th width="227.140625">Exchange</th><th>Link</th></tr></thead><tbody><tr><td>Hyperliquid</td><td><a href="https://app.hyperliquid.xyz/trade/RESOLV">https://app.hyperliquid.xyz/trade/RESOLV</a></td></tr><tr><td>Uniswap</td><td><a href="https://app.uniswap.org/explore/tokens/ethereum/0x259338656198eC7A76c729514D3CB45Dfbf768A1">https://app.uniswap.org/explore/tokens/ethereum/0x259338656198eC7A76c729514D3CB45Dfbf768A1</a></td></tr><tr><td>PancakeSwap</td><td><a href="https://pancakeswap.finance/swap?inputCurrency=BNB&#x26;outputCurrency=0xdA6CEF7F667d992A60EB823Ab215493aA0c6b360">https://pancakeswap.finance/swap?inputCurrency=BNB&#x26;outputCurrency=0xdA6CEF7F667d992A60EB823Ab215493aA0c6b360</a></td></tr></tbody></table>

## Bridge between chains

RESOLV token is available on Ethereum and BNB Chain.&#x20;

You can bridge RESOLV to the BNB Chain and back using the [Stargate Bridge](https://stargate.finance/bridge?srcChain=ethereum\&srcToken=0x259338656198eC7A76c729514D3CB45Dfbf768A1\&dstChain=bsc\&dstToken=0xdA6CEF7F667d992A60EB823Ab215493aA0c6b360).


# Past Activities

List of past external activities related to the Resolv token


# OKX airdrop for RESOLV stakers

Instructions how to participate in OKX airdrop for $RESOLV stakers

<figure><img src="/files/jNCfvm8GOic2fiBdpPjg" alt=""><figcaption></figcaption></figure>

Resolv is thrilled to announce an exclusive OKX airdrop for $RESOLV stakers. Resolv users who have claimed the $RESOLV airdrop and continue staking it at the snapshot date are eligible to receive a share of the 2,000,000 $RESOLV token airdrop allocation by registering with a valid OKX account.

<table><thead><tr><th width="355.171875">Step</th><th>Period</th></tr></thead><tbody><tr><td>OKX Airdrop Snapshot</td><td>4 June, 08:00 UTC</td></tr><tr><td>OKX Airdrop Registration</td><td>4 June - 7 June, 23:59 UTC</td></tr><tr><td>OKX Airdrop Distribution</td><td>After the airdrop registration ends, the airdrop will be sent to the provided OKX Exchange accounts </td></tr></tbody></table>

## Token Airdrop Registration

> Registration are here: <https://claim.resolv.xyz/okx> \[DEPRECATED]

Resolv users can check their wallets to see if they are eligible for an airdrop right after registration starts. If the wallet is eligible, users must provide their OKX UID with [OKX CEX](https://www.okx.com/) Ethereum Wallet and sign to prove they own an eligible wallet to complete registration.

{% hint style="danger" %}
Registration will last from 4 to 7 June 2025. Users who have not completed registration or provided the wrong OKX information **cannot** **participate** in the token airdrop.
{% endhint %}

## Token Airdrop Distribution

Airdrop distribution will be made to correctly provided OKX Exchange wallets. Check your OKX balance on or after 10 June.

## Where can I find my OKX registration details?

### OKX User ID

To obtain your OKX User ID, log in to an existing [OKX Exchange](https://www.okx.com/) account or create a new one. Afterward, you can find it in the following places:

<details>

<summary>On the App</summary>

1. Select the **Menu** option in the corner to be redirected to the User Center on the app

<figure><img src="/files/waPzvAZiux7mcaPjyOVf" alt="" width="563"><figcaption><p>Proceed to tap on the menu option</p></figcaption></figure>

2. Select the **Profile and settings** option at the top

<figure><img src="/files/8yF0firkTotJ8iCYUKK3" alt="" width="563"><figcaption><p>Load the info of your profile by selecting the Profile and settings option</p></figcaption></figure>

3. You'll see your UID info displayed within the **Profile** section on the **User Center** page, and the Copy option to copy it

<figure><img src="/files/zI87qGyqHoaXe8PlX2yp" alt="" width="563"><figcaption><p>Your UID info is located within the Profile section</p></figcaption></figure>

</details>

<details>

<summary>On the web</summary>

1. Log in to your account and hover at the profile option on the dropdown menu
2. The dropdown will stay open once your mouse stops hovering at the profile option, enabling you to view the user ID info

<figure><img src="/files/chjLbK7Zct8wLWqVb065" alt="" width="563"><figcaption><p>View your user ID info once you selected the Profile option</p></figcaption></figure>

3. If you want to copy your user ID number, select [Profile](https://www.okx.com/account/profile). You'll see your user ID under **Profile** > **Personal info**, and there's a copy option next to your user ID

<figure><img src="/files/OrvcTUSEpB04TqIANOp6" alt=""><figcaption><p>User ID is one of the details shared within the Personal info section</p></figcaption></figure>

</details>

{% embed url="<https://www.okx.com/help/how-do-i-find-my-user-id-uid>" %}

### OKX Ethereum Wallet Address

To obtain your OKX Ethereum Wallet Address, you need to log in to an existing [OKX Exchange](https://www.okx.com/) account or create a new one. Afterward, you can find it in the following places:

{% embed url="<https://www.okx.com/help/how-do-i-find-my-deposit-address-and-tag-memos>" %}

{% hint style="warning" %}
Use a wallet only from the [OKX Exchange](https://www.okx.com/). Pay attention and do not use an address from the OKX Wallet.
{% endhint %}

<details>

<summary>On the App</summary>

1. Open your OKX app, and select **Deposit** crypto
2. Select **ETH** as the crypto, then select **Ethereum** as the designated deposit network
3. You will see your **Ethereum** **Deposit address**.
4. Select **Copy** to copy the deposit address and paste it into the OKX Ethereum Wallet Address field.

Some users may see the following window after selecting the chain:

<figure><img src="/files/9gs1Oldv1ZwNLwB91LJE" alt="" width="563"><figcaption></figcaption></figure>

In this case, select "OKX Global" as a sender, and continue as described earlier.

</details>

<details>

<summary>On the Web</summary>

1. Log in to your account at [OKX Exchange](https://www.okx.com/), go to the **Assets,** and select [Deposit](https://www.okx.com/balance/recharge)
2. Select **ETH** (Ethereum) as the crypto, then select **Ethereum** as the designated deposit network
3. You will see your **Deposit address**.
4. Select **Copy** to copy the deposit address and paste it into the OKX Deposit Wallet Address field.

Some users may see the following window after selecting the chain:

<figure><img src="/files/hCd0K0ZY543aps149I52" alt="" width="563"><figcaption></figcaption></figure>

In this case, select "OKX Global" as a sender, and continue as described earlier.

</details>

## Error During Registration&#x20;

* A wrong input error may occur when you try to enter the address in an incorrect format in the OKX Ethereum wallet address field. Ensure that you have entered the correct address.

## FAQ

**Which OKX wallet address should the user enter?**

Ethereum ERC20 address from [OKX CEX](https://www.okx.com/)&#x20;

{% hint style="warning" %}
Use a wallet only from the [OKX Exchange](https://www.okx.com/). Pay attention and do not use an address from the OKX Wallet.
{% endhint %}

**Who is eligible for an airdrop?**

Users with active $stRESOLV positions as of June 4, 2025, at 8:00 AM UTC are eligible. Only $stRESOLV that remains staked will be counted for the airdrop allocation calculation. $stRESOLV tokens in the unstaking process will not be included.

**How will the OKX airdrop be distributed?**

2,000,000 $RESOLV tokens will be distributed to the user's OKX Exchange accounts proportionally among registered users based on their remaining staked amounts at the time of the snapshot.

**What will happen to the tokens of users if they provide incorrect OKX information?**

That wallet will be removed from the airdrop list, and tokens allocated to it will be distributed proportionally among other registered OKX Ethereum wallets based on users’ claimed but unstaked $RESOLV amounts at the time of the snapshot.


# Collateral Pool

## Composition

Resolv maintains a collateral pool consisting of the following positions:

#### **ETH inventory**

* Includes ETH and staked ETH.
* Hedged using short ETH futures.
* A portion of the ETH inventory is deployed within the ETH cluster and deposited into DeFi protocols.

#### **BTC inventory**

* Includes BTC inventory.
* Portion hedged through short BTC futures.
* A portion of the BTC is deployed within the BTC cluster and deposited into DeFi protocols.

#### **USD-Neutral Assets**

* Includes stablecoins such as USDC and USDT.
* A portion of these assets is allocated to DeFi asset clusters.

## Proof of Reserves

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td>Resolv self-reporting dashboard</td><td><a href="https://app.resolv.xyz/collateral-pool">https://app.resolv.xyz/collateral-pool</a></td></tr><tr><td>Third party verification made by Apostro risk curators</td><td><a href="https://info.apostro.xyz/resolv-reserves?ref=apostro">https://info.apostro.xyz/resolv-reserves?ref=apostro</a></td></tr></tbody></table>

## Collateral Pool Design

For ETH and BTC inventory, hedging positions closely track the quantity of ETH and BTC, so that sensitivity of the collateral pool to changes in ETH and BTC prices is close to zero (the collateral pool forms a [delta-neutral portfolio](/litepaper/useful-definitions/delta-neutral-portfolio)).

Collateral pool comprises on-chain and off-chain parts. Off-chain part is required in connection with maintenance of futures positions.

Protocol handles a few aspects of the collateral pool:

* [Maintains futures positions](/litepaper/protocol-mechanics/collateral-pool/futures-positions)
* [Manages inventory allocation](/litepaper/protocol-mechanics/collateral-pool/inventory-management)
* [Handles staking and unstaking ETH](broken://pages/FdZ25whAvcHFF3c71I5B)
* [Manages short-term liquidity requirements](/litepaper/protocol-mechanics/collateral-pool/liquidity-management).

For price estimations of different parts of the collateral, a combination of the following price sources is used:

* Data from integrated exchanges
* Oracles networks
  * Pyth
  * RedStone


# Futures Positions

Resolv maintains futures positions at the most liquid trading venues. Specifications of futures positions are as follows:

<table><thead><tr><th width="194"></th><th>Inverse Perpetual Futures</th><th data-hidden></th></tr></thead><tbody><tr><td>Contract Type</td><td>Inverse ETHUSD perpetual futures</td><td></td></tr><tr><td>Collateral Type</td><td>ETH</td><td></td></tr><tr><td>Margining</td><td><ul><li>30% target margin ratio</li><li>20% minimum margin ratio</li></ul></td><td></td></tr></tbody></table>

<table><thead><tr><th width="194"></th><th>Inverse Perpetual Futures</th><th data-hidden></th></tr></thead><tbody><tr><td>Contract Type</td><td>Inverse BTCUSD perpetual futures</td><td></td></tr><tr><td>Collateral Type</td><td>BTC</td><td></td></tr><tr><td>Margining</td><td><ul><li>30% target margin ratio</li><li>20% minimum margin ratio</li></ul></td><td></td></tr></tbody></table>

<table><thead><tr><th width="194"></th><th>Linear Perpetual Futures</th><th data-hidden></th></tr></thead><tbody><tr><td>Contract Type</td><td>Linear ETHUSD perpetual futures</td><td></td></tr><tr><td>Collateral Type</td><td>USDC</td><td></td></tr><tr><td>Margining</td><td><ul><li>42.5% target margin ratio</li><li>27.5% minimum margin ratio</li></ul></td><td></td></tr></tbody></table>


# Collateral Pool Allocations

Resolv collateral pool is allocated across multiple money markets, including ETH and BTC basis trade, as well as USD-neutral assets. Allowlisted exposure in the collateral pool:

<table><thead><tr><th width="376">Section</th><th>Allowlisted Allocation</th><th data-hidden></th></tr></thead><tbody><tr><td><strong>ETH inventory</strong></td><td><ul><li>Includes ETH and staked ETH.</li><li>Basis trade (long ETH + short futures) on approved trading venues.</li><li>A portion of the ETH inventory is deployed within the ETH cluster and deposited into DeFi protocols.</li></ul></td><td></td></tr><tr><td><strong>BTC inventory</strong></td><td><ul><li>Includes BTC inventory.</li><li>Basis trade (long BTC + short futures) on approved trading venues.</li><li>A portion of the BTC is deployed within the BTC cluster and deposited into DeFi protocols.</li></ul></td><td></td></tr><tr><td>Stablecoins and USD-neutral assets</td><td><ul><li>Includes stablecoins such as USDC and USDT.</li><li>USDC, USDT margin positions on approved trading venues.</li><li>A portion of these assets is allocated to DeFi asset clusters.</li></ul></td><td></td></tr></tbody></table>

Exchanges integrated for hedging in ETH and BTC Delta-Neutral Cluster:&#x20;

<table><thead><tr><th width="376">Venue</th><th>Futures pairs</th><th data-hidden></th></tr></thead><tbody><tr><td>Binance</td><td>ETHUSD CM, BTCUSD CM</td><td></td></tr><tr><td>Hyperliquid</td><td>ETHUSD, BTCUSD</td><td></td></tr><tr><td>Deribit</td><td>ETHUSD CM, BTCUSD CM</td><td></td></tr><tr><td>Bybit</td><td>ETHUSD CM</td><td></td></tr></tbody></table>


# Inventory Management

Collateral pool is held in two primary locations:

* On-chain smart contract wallet; and
* Institutional custody.

#### On-chain smart contract wallet

Majority of ETH and BTC collateral is held on-chain, in a smart contract wallet linked to the protocol mint and redemption smart contract ([Etherscan](https://etherscan.io/address/0xacb7027f271b03b502d65feba617a0d817d62b8e)).

#### Institutional custody

A portion of collateral pool is designated as margin for futures positions and held at institutional custody wallets outside of exchanges:

<table><thead><tr><th width="140">Custodian</th><th width="235">Off-Exchange Delegation</th><th>Collateral Wallet</th></tr></thead><tbody><tr><td>Fireblocks</td><td>Deribit</td><td>Standalone on-chain wallet (<a href="https://etherscan.io/address/0x22062B644aADD7e7Bb11e58C37BC1b022f4Ec3aC">Etherscan</a>)</td></tr><tr><td>Fireblocks</td><td>Bybit</td><td>Standalone on-chain wallet (<a href="https://etherscan.io/address/0x2a144e059cd8a8200298976ce55e8938f33b1d3b">Etherscan</a>)</td></tr><tr><td>Ceffu</td><td>Binance</td><td>Omnibus wallet</td></tr></tbody></table>


# Liquidity Management

Resolv manages short-term liquidity requirements (such as redemptions and exchange margining requirements) by borrowing ETH against staked ETH (wstETH) at on-chain lending protocols. Borrowing specifications are as follows:

| Lending Protocol | Aave v3 (Ethereum Mainnet)                                                                                          |
| ---------------- | ------------------------------------------------------------------------------------------------------------------- |
| Pool Type        | wstETH collateral - ETH borrowing                                                                                   |
| Health Factor    | 2.0                                                                                                                 |
| Other Terms      | If a portion of staked ETH as collateral is higher than 50%, the remaining part is unstaked to redeem borrowed ETH. |


# Profit Distribution

Resolv collateral pool regularly realizes regular profits (losses) in terms of USD equivalent. The changes to the collateral pool value come from:

* Rewards from staking ETH;
* Futures funding rate income (expense).

#### Calculation of profits (losses)

Profits (losses) are calculated by the protocol regularly at the end of each reward epoch. Reward epoch specifications:

| Epoch Duration         | 24 hours     |
| ---------------------- | ------------ |
| Epoch Start / End Date | 12:00:00 UTC |

#### Reward distribution

Profits are distributed as follows:

| Reward       | Profit portion                                                            | Allocated pro rata to |
| ------------ | ------------------------------------------------------------------------- | --------------------- |
| Base Reward  | 76.5% (85% from 90%)\*                                                    | stUSR + RLP           |
| Risk Premium | 13.5% (15% from 90%)\*                                                    | RLP                   |
| Protocol Fee | 10%  \[[Check details](/litepaper/protocol-mechanics/fees#protocol-fees)] | Protocol              |

\*Profit portion updates will be introduced gradually across six weekly increments between 15 January and 19 February 2026, allowing yields to adjust smoothly.

<table data-full-width="false"><thead><tr><th width="173.20703125">Week</th><th width="223.0859375">Base Reward Profit Portion</th><th width="220.10546875">Risk Premium Profit Portion</th><th>Protocol Fee</th></tr></thead><tbody><tr><td><ol><li>15 Jan – 22 Jan</li></ol></td><td>65.25%</td><td>24.75%</td><td>10%</td></tr><tr><td><ol start="2"><li>22 Jan – 29 Jan</li></ol></td><td>67.5%</td><td>22.5%</td><td>10%</td></tr><tr><td><ol start="3"><li>29 Jan – 5 Feb</li></ol></td><td>69.75%</td><td>20.25%</td><td>10%</td></tr><tr><td><ol start="4"><li>5 Feb – 12 Feb</li></ol></td><td>72%</td><td>18%</td><td>10%</td></tr><tr><td><ol start="5"><li>12 Feb – 19 Feb </li></ol></td><td>74.25%</td><td>15.75%</td><td>10%</td></tr><tr><td><ol start="6"><li>19 Feb and onward</li></ol></td><td>76.5%</td><td>13.5%</td><td>10%</td></tr></tbody></table>

If losses are realized during a reward epoch, such losses are allocated to RLP.&#x20;

Reward distributions are reflected for stUSR/wstUSR and RLP differently:

<table><thead><tr><th width="205">Token</th><th></th></tr></thead><tbody><tr><td>stUSR</td><td>Quantity increases (value is 1 stUSR = 1 USR at all times)</td></tr><tr><td>wstUSR</td><td>Value increases</td></tr><tr><td>RLP</td><td>Value increases (decreases)</td></tr></tbody></table>

For more details on how the distributions are made, see [calculation example](/litepaper/protocol-mechanics/profit-distribution/calculation-example).


# Calculation Example

Reward distribution mechanism allows both stUSR and RLP benefit from collateral pool income. Losses are attributed to RLP.&#x20;

For the calculation example, suppose $100,000 were deposited into the protocol, with $70,000 into USR and $30,000 into RLP. &#x20;

#### Example 1. Reward epoch profit

Over the course of a reward epoch, collateral pool realizes $20,000 profit. In this example, both stUSR and RLP share a portion of increase in TVL.

* Base Reward is calculated as $20,000 \* 90% \* 85% = $15,300 and allocated to stUSR and RLP proportionately to their TVL;
* Risk Premium is calculated as $20,000 \* 90% \* 15% = $2,700 and allocated to RLP.&#x20;
* Protocol takes fees as $20,000 \* 10% = $2,000.

The table below shows the calculation of how the profit is attributed.

<table><thead><tr><th width="137.31640625"></th><th width="310.3984375">Amount</th><th>stUSR Portion</th><th>RLP Portion</th></tr></thead><tbody><tr><td>Base Reward</td><td>[$20,000 * 90%] * 85% = $15,300</td><td>$10,710</td><td>$4,590</td></tr><tr><td>Risk Premium</td><td>[$20,000 * 90%] * 15% = $2,700</td><td>$0</td><td>$2,700</td></tr><tr><td>Protocol Fees</td><td>$20,000 * 10% = $2,000</td><td>-</td><td>-</td></tr><tr><td><strong>Total</strong></td><td><strong>$20,000</strong></td><td><strong>$10,710</strong></td><td><strong>$7,290</strong></td></tr></tbody></table>

<div data-full-width="false"><figure><img src="/files/beid2EWqqaHGGcyITtoH" alt=""><figcaption><p>Example 1. Reward epoch with a $20,000 profit.</p></figcaption></figure></div>

#### Example 2. Reward epoch loss

Over the course of a reward epoch, collateral pool realizes $20,000 loss. In this example:

* Full amount of loss is allocated to RLP. Its value decreased by $20,000;
* No distributions are made to stUSR.
* No protocol fees are taken because the collateral pool realizes a loss.

<figure><img src="/files/0xlc6PvkVgf2XXEey3k1" alt=""><figcaption><p>Example 2. Reward epoch with a $20,000 loss.</p></figcaption></figure>


# Fees

|                                    | Fee   |
| ---------------------------------- | ----- |
| Mint                               | 0%    |
| Redemption USR and RLP. Up to 24hr | 0%    |
| Protocol Fees                      | 10%\* |

Currently, the protocol does not charge fees on minting and redemption.

### Protocol fees

\*Protocol fees activate progressively, starting 31 July 2025, and are fully effective starting from 21 August 2025.

{% hint style="success" %}
Track Resolv Revenue and Buybacks on the [Dune dashboard](https://dune.com/resolv/resolv-revenue-and-buybacks).
{% endhint %}

#### Fee ramp schedule:

*Week 1 → 2.5% of daily profits (31 July — 07 Aug)*

*Week 2 → 5.0% (07 Aug — 14 Aug)*

*Week 3 → 7.5% (14 Aug — 21 Aug)*

*Week 4 and onward → 10.0% (From 21 Aug)*

{% hint style="info" %}
The protocol fee applies **only** when a positive yield is generated. On days with zero or negative yield, no fees are collected.&#x20;
{% endhint %}

Protocol revenue will be used to expand the value Resolv delivers to users and stakers. That includes:

* Supporting new integrations across DeFi, fintech, and institutional venues
* Funding ecosystem grants and product development
* Driving buybacks and other token-aligned initiatives


# Risks and Mitigants

Key external risks in the architecture of Resolv are *counterparty credit risk,* *market risk, and liquidity risk*. Below is their brief description together with the features of the protocol aimed at managing these risks.

<table><thead><tr><th width="174.33333333333331">Risk Category</th><th width="211">Description</th><th>Risk Management</th></tr></thead><tbody><tr><td><em>Counterparty Credit Risk</em></td><td><p>Risk of loss due to insolvency of a trading venue.</p><p>Exposed assets are:</p><ul><li>Margin held with an exchange</li><li>Unrealized gains (<a href="/pages/8gBscG9pFDeqakYXwF6N">see more</a>)</li></ul></td><td><ul><li>Margin for futures positions is held with third-party custodians outside of exchanges.</li><li>RLP will cover the amount of unrealized gains.</li><li>Exposure to trading venues to be diversified to mitigate single counterparty risk.</li></ul></td></tr><tr><td><em>Market Risk</em></td><td>Risk of loss due to negative funding rates</td><td><ul><li>Futures are allocated to highly liquid exchanges to reduce risk of spot-futures price mismatch, which affects funding rates.</li><li>RLP will cover losses from negative rates at all times.</li></ul></td></tr><tr><td><em>Liquidity Risk</em></td><td>Risks of significant liquidity withdrawals from the protocol affecting its stability.<br>For example, substantial withdrawals from RLP</td><td>Redemption of RLP is suspended if USR Collateralization Ratio (CR) is below 110%.</td></tr></tbody></table>


# FAQ

**Which collateral backs USR and RLP?**

USR and RLP are always 100% backed by a combination of ETH, staked ETH, BTC, USD-neutral assets, with a prevailing portion of collateral directly on-chain. A portion of ETH tokens is used to deploy into institutional crypto custodians as collateral for the hedging positions.

Protocol metrics are calibrated to achieve a situation that at all times USR is fully backed solely by on-chain ETH, stETH, and BTC, while RLP fully absorbs exposure to centralized parties.

**Does Resolv use CEXes for hedging? What about centralization risks?**

Resolv operates on both CEXes and DEXes to achieve maximum diversification. Centralization risks are handled by:&#x20;

1. dynamic collateral management, which limits CEX exposure&#x20;
2. off-exchange custody solutions&#x20;

and, most importantly:

3. Protection Layer

**How stable will the yield be?**

Historical data shows that the ETH and BTC delta-neutral strategy yield is consistent. Median annual performance across multiple simulations is 8.4%, with 99% of results lying in the range of 7 - 10% p.a.&#x20;

Treasury profits are allocated to two instruments - staked USR and RLP. Most of the yield volatility is absorbed by the Protection Layer, while staked USR enjoys more stable yield.

More information on the yields can be found here:

* [Historical data;](https://medium.com/@ResolvLabs/rates-in-defi-money-market-connection-between-on-chain-lending-yields-and-the-basis-trade-0cc70e01bfea)
* [Yield simulations](https://medium.com/@ResolvLabs/protocol-profits-and-how-they-are-distributed-all-about-resolv-yield-6df3cd69ed40).

**What happens if there is not enough Protection Layer?**

It is important to stress that the Protection Layer is not a part of stablecoin backing, so even if it reaches zero, it means no loss of value of the stablecoin (still can be redeemed for USD 1.00 equivalent). Lack of Protection Layer means that exposure to centralized exchanges and yield volatility is not fully covered.

Protection Layer is a self-balancing mechanism - the thinner it is, the higher the yield it provides, attracting more liquidity.

**Where can I learn more?**

See [litepaper](https://medium.com/@ResolvLabs/resolv-the-true-delta-neutral-stablecoin-7c20da854f9a) for a deeper dive into Resolv architecture.

For more updates, follow Resolv Labs on [X (Twitter)](https://x.com/ResolvLabs) and [Blog](https://resolv.xyz/blog)


# Smart Contracts

The following is a list of Resolv’s main smart contracts available for integration.

#### For any questions related to smart contracts or integration, please visit our [**#strong-dev-talks**](https://discord.com/channels/1252069210528546848/1314523827870502944) channel on [Discord](https://discord.gg/resolv)

Listed below are the smart contracts interacting with users:

<table><thead><tr><th width="264.5859375">Smart Contract</th><th width="322.29296875">Contract Address</th><th width="207.46875">Explorer Link</th></tr></thead><tbody><tr><td>USR token, Ethereum</td><td>0x66a1e37c9b0eaddca17d3662d6c05f4decf3e110</td><td><a href="https://etherscan.io/address/0x66a1e37c9b0eaddca17d3662d6c05f4decf3e110">USR Ethereum</a></td></tr><tr><td>USR token, Base</td><td>0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9</td><td><a href="https://basescan.org/address/0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9">USR Base</a></td></tr><tr><td>USR token, BNB Chain</td><td>0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9</td><td><a href="https://bscscan.com/token/0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9">USR BNB Chain</a></td></tr><tr><td>USR token, Berachain</td><td>0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9</td><td><a href="https://berascan.com/address/0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9">USR Berachain</a></td></tr><tr><td>USR token, HyperEVM</td><td>0x0aD339d66BF4AeD5ce31c64Bc37B3244b6394A77</td><td><a href="https://hyperevmscan.io/address/0x0aD339d66BF4AeD5ce31c64Bc37B3244b6394A77">USR HyperEVM</a></td></tr><tr><td>USR token, Soneium</td><td>0xb1b385542b6e80f77b94393ba8342c3af699f15c</td><td><a href="https://soneium.blockscout.com/token/0xb1b385542b6e80f77b94393ba8342c3af699f15c">USR Soneium</a></td></tr><tr><td>USR token, TAC</td><td>0xb1b385542B6E80F77B94393Ba8342c3Af699f15c</td><td><a href="https://explorer.tac.build/address/0xb1b385542B6E80F77B94393Ba8342c3Af699f15c">USR TAC</a></td></tr><tr><td>USR token, Arbitrum</td><td>0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9</td><td><a href="https://arbiscan.io/address/0x2492D0006411Af6C8bbb1c8afc1B0197350a79e9">USR Arbitrum</a></td></tr><tr><td>USR token, Plasma</td><td>0xb1b385542B6E80F77B94393Ba8342c3Af699f15c</td><td><a href="https://plasmascan.to/address/0xb1b385542B6E80F77B94393Ba8342c3Af699f15c">USR Plasma</a></td></tr><tr><td>RLP token, Ethereum</td><td>0x4956b52aE2fF65D74CA2d61207523288e4528f96</td><td><a href="https://etherscan.io/address/0x4956b52aE2fF65D74CA2d61207523288e4528f96">RLP Ethereum</a></td></tr><tr><td>RLP token, Base</td><td>0xC31389794Ffac23331E0D9F611b7953f90AA5fDC</td><td><a href="https://basescan.org/address/0xC31389794Ffac23331E0D9F611b7953f90AA5fDC">RLP Base</a></td></tr><tr><td>RLP token, BNB Chain</td><td>0x35e5db674d8e93a03d814fa0ada70731efe8a4b9</td><td><a href="https://bscscan.com/token/0x35e5db674d8e93a03d814fa0ada70731efe8a4b9">RLP BNB Chain</a></td></tr><tr><td>RLP token, Berachain</td><td>0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9</td><td><a href="https://berascan.com/address/0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9">RLP Berachain</a></td></tr><tr><td>RLP token, HyperEVM</td><td>0x0a3d8466F5dE586FA5F6DE117301e2f90bCC5c48</td><td><a href="https://hyperevmscan.io/address/0x0a3d8466F5dE586FA5F6DE117301e2f90bCC5c48">RLP HyperEVM</a></td></tr><tr><td>RLP token, Soneium</td><td>0x35533f54740f1f1aa4179e57ba37039dfa16868b</td><td><a href="https://soneium.blockscout.com/token/0x35533f54740f1f1aa4179e57ba37039dfa16868b">RLP Soneium</a></td></tr><tr><td>RLP token, TAC</td><td>0x35533f54740F1F1aA4179E57bA37039dfa16868B</td><td><a href="https://explorer.tac.build/address/0x35533f54740F1F1aA4179E57bA37039dfa16868B">RLP TAC</a></td></tr><tr><td>RLP token, Arbitrum</td><td>0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9</td><td><a href="https://arbiscan.io/address/0x35E5dB674D8e93a03d814FA0ADa70731efe8a4b9">RLP Arbitrum</a></td></tr><tr><td>RLP token, Plasma</td><td>0x35533f54740F1F1aA4179E57bA37039dfa16868B</td><td><a href="https://plasmascan.to/address/0x35533f54740F1F1aA4179E57bA37039dfa16868B">RLP Plasma</a></td></tr><tr><td>stUSR token, Ethereum</td><td>0x6c8984bc7DBBeDAf4F6b2FD766f16eBB7d10AAb4</td><td><a href="https://etherscan.io/address/0x6c8984bc7DBBeDAf4F6b2FD766f16eBB7d10AAb4">stUSR Ethereum</a></td></tr><tr><td>wstUSR token, Ethereum</td><td>0x1202F5C7b4B9E47a1A484E8B270be34dbbC75055</td><td><a href="https://etherscan.io/address/0x1202F5C7b4B9E47a1A484E8B270be34dbbC75055">wstUSR Ethereum</a></td></tr><tr><td>wstUSR token, Base</td><td>0xB67675158B412D53fe6B68946483ba920b135bA1</td><td><a href="https://basescan.org/address/0xB67675158B412D53fe6B68946483ba920b135bA1#code">wstUSR Base</a></td></tr><tr><td>wstUSR token, BNB</td><td>0x4254813524695def4163A169e901f3d7a1a55429</td><td><a href="https://bscscan.com/token/0x4254813524695def4163A169e901f3d7a1a55429">wstUSR BNB</a></td></tr><tr><td>wstUSR token, Soneium</td><td>0x2a52b289ba68bbd02676640aa9f605700c9e5699</td><td><a href="https://soneium.blockscout.com/token/0x2a52b289ba68bbd02676640aa9f605700c9e5699">wstUSR Soneium</a></td></tr><tr><td>wstUSR token, HyperEVM</td><td>0x46c1c168Ca597B9e5423Aa7081a0DCE782caEAab</td><td><a href="https://hyperevmscan.io/address/0x46c1c168Ca597B9e5423Aa7081a0DCE782caEAab">wstUSR HyperEVM</a></td></tr><tr><td>wstUSR token, TAC</td><td>0x2a52B289bA68bBd02676640aA9F605700c9e5699</td><td><a href="https://explorer.tac.build/address/0x2a52B289bA68bBd02676640aA9F605700c9e5699">wstUSR TAC</a></td></tr><tr><td>wstUSR token, Arbitrum</td><td>0x66CFbD79257dC5217903A36293120282548E2254</td><td><a href="https://arbiscan.io/address/0x66CFbD79257dC5217903A36293120282548E2254">wstUSR Arbitrum</a></td></tr><tr><td>wstUSR token, Plasma</td><td>0x2a52B289bA68bBd02676640aA9F605700c9e5699</td><td><a href="https://plasmascan.to/address/0x2a52B289bA68bBd02676640aA9F605700c9e5699">wstUSR Plasma</a></td></tr><tr><td>USR Requests Manager, Ethereum</td><td>0xAC85eF29192487E0a109b7f9E40C267a9ea95f2e</td><td><a href="https://etherscan.io/address/0xAC85eF29192487E0a109b7f9E40C267a9ea95f2e">Ethereum</a></td></tr><tr><td>RLP Requests Manager, Ethereum</td><td>0x10f4d4EAd6Bcd4de7849898403d88528e3Dfc872</td><td><a href="https://etherscan.io/address/0x10f4d4EAd6Bcd4de7849898403d88528e3Dfc872">Ethereum</a></td></tr><tr><td>USR Counter, Ethereum</td><td>0xa27a69Ae180e202fDe5D38189a3F24Fe24E55861</td><td><a href="https://etherscan.io/address/0xa27a69Ae180e202fDe5D38189a3F24Fe24E55861">USR Counter Ethereum</a></td></tr><tr><td>RLP Counter, Ethereum</td><td>0xc7ab90c2ea9271efb31f5fa2843eeb4b331eafa0</td><td><a href="https://etherscan.io/address/0xc7AB90c2Ea9271EFB31f5fA2843Eeb4B331eaFA0">RLP Counter Ethereum</a></td></tr><tr><td>Fee Collector</td><td>0x6E02e225329E32c854178d7c865cF70fE1617f02</td><td><a href="https://etherscan.io/address/0x6E02e225329E32c854178d7c865cF70fE1617f02">Fee Collector </a></td></tr></tbody></table>

<table><thead><tr><th width="266.5859375">Smart Contract</th><th width="319.98828125">Contract Address</th><th width="184.44140625">Explorer Link</th></tr></thead><tbody><tr><td>RESOLV token, Ethereum</td><td>0x259338656198eC7A76c729514D3CB45Dfbf768A1</td><td><a href="https://etherscan.io/address/0x259338656198eC7A76c729514D3CB45Dfbf768A1">Resolv Ethereum</a></td></tr><tr><td>RESOLV token, BNB Chain</td><td>0xdA6CEF7F667d992A60EB823Ab215493aA0c6b360</td><td><a href="https://bscscan.com/address/0xdA6CEF7F667d992A60EB823Ab215493aA0c6b360">Resolv BNB Chain</a></td></tr><tr><td>stRESOLV token, Ethereum</td><td>0xfe4bce4b3949c35fb17691d8b03c3cadbe2e5e23</td><td><a href="https://etherscan.io/token/0xfe4bce4b3949c35fb17691d8b03c3cadbe2e5e23">stRESOLV Ethereum</a></td></tr></tbody></table>

<table><thead><tr><th width="267.6640625">Name</th><th width="320.91796875">Contract Address</th><th width="170.5859375">Link</th></tr></thead><tbody><tr><td>Blueprint NFT by Resolv</td><td>0x2e1e87d0a10dd59c332b1c0e8a894b738df7059e</td><td><a href="https://opensea.io/collection/blueprint-by-resolv">Opensea</a></td></tr></tbody></table>

***

#### Additional Notes

* Always verify contract addresses on official project channels.


# Price Oracles

This page lists all on-chain and off-chain price oracles used by Resolv for RLP, USR, and wstUSR.

**Notes:**

* Fundamental USR & RLP price-oracle values are calculated and updated once every 24 hours, relying on the reserves that Resolv operates.
* Always verify contract addresses on official project channels.

***

#### USR

| Oracle                           | Type        | Link                                                                                                                                                                                    |
| -------------------------------- | ----------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Chronicle**                    | Market      | [Chronicle USR/USD](https://chroniclelabs.org/dashboard/oracle/USR/USD?blockchain=ETH\&txn=0x6f63b8a755f6f%5B%E2%80%A6%5D6c25f89d\&contract=0xd02d70Dd1E495f1D9245D97bFd93259fe8C81FF4) |
| **Pyth**                         | Market      | [crypto-usr-usd](https://www.pyth.network/price-feeds/crypto-usr-usd)                                                                                                                   |
| **Chainlink**                    | Market      | [0x34ad75691e25A8E9b681AAA85dbeB7ef6561B42c](https://etherscan.io/address/0x34ad75691e25A8E9b681AAA85dbeB7ef6561B42c)                                                                   |
| **Redstone**                     | Market      | [Redstone USR/USD](https://app.redstone.finance/app/token/USR/)                                                                                                                         |
| **Pyth**                         | Fundamental | [crypto-usr-usd-rr](https://www.pyth.network/price-feeds/crypto-usr-usd-rr)                                                                                                             |
| **Resolv**                       | Fundamental | [0x7f45180d6fFd0435D8dD695fd01320E6999c261c](https://etherscan.io/address/0x7f45180d6fFd0435D8dD695fd01320E6999c261c)                                                                   |
| **Resolv AggregatorV3Interface** | Fundamental | [0xf9C7c25FE58AAA494EE7ff1f6Cf0b70d7C7ce88c](https://etherscan.io/address/0xf9C7c25FE58AAA494EE7ff1f6Cf0b70d7C7ce88c)                                                                   |

***

#### wstUSR

| Oracle                      | Type        | Link                                                                                                                                                                                |
| --------------------------- | ----------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Pyth Fundamental**        | Fundamental | [crypto-wstusr-usr-rr](https://www.pyth.network/price-feeds/crypto-wstusr-usr-rr)                                                                                                   |
| **ERC4626 Conversion Rate** | Fundamental | [convertToAssets](https://etherscan.io/address/0x1202F5C7b4B9E47a1A484E8B270be34dbbC75055#readProxyContract#F6)(1e18) on the wstUSR contract to derive wstUSR → USR exchange rate.) |

***

#### RLP

| Oracle                           | Type        | Link                                                                                                                  |
| -------------------------------- | ----------- | --------------------------------------------------------------------------------------------------------------------- |
| **Pyth**                         | Market      | [crypto-rlp-usd](https://www.pyth.network/price-feeds/crypto-rlp-usd)                                                 |
| **Pyth**                         | Fundamental | [crypto-rlp-usd-rr](https://www.pyth.network/price-feeds/crypto-rlp-usd-rr)                                           |
| **Resolv**                       | Fundamental | [0xaE2364579D6cB4Bbd6695846C1D595cA9AF3574d](https://etherscan.io/address/0xaE2364579D6cB4Bbd6695846C1D595cA9AF3574d) |
| **Resolv AggregatorV3Interface** | Fundamental | [0xAdb2c15Fde49D1A4294740aCb650de94184E66b2](https://etherscan.io/address/0xAdb2c15Fde49D1A4294740aCb650de94184E66b2) |


# Token supply operations

#### Overview

`ExternalRequestsManager` smart contracts govern supply operations with USR and RLP. Their specification is the same for both USR and RLP tokens. This includes methods for requesting minting and burning, as well as canceling these requests. The source code and all contract addresses can be found in the [resolv-contracts-public GitHub repository](https://github.com/resolv-im/resolv-contracts-public).

#### Prerequisites

Before performing any operations, the address interacting with the smart contract must be whitelisted. Ensure you are whitelisted to interact with the `ExternalRequestsManager` contracts.

#### Request States

All mint and redemption requests go through three states:

1. **CREATED**: The request has been created and is not yet handled.
2. **CANCELLED**: The request has been canceled by the user. No tokens will be minted or burned for requests in this state.
3. **COMPLETED**: The request has been completed, and the tokens have been minted or burned.

Subpages of this sections further outline minting and redemption processes for USR and RLP.


# USR

#### Minting USR Tokens

1. **Request Minting**:
   * **Method**: `requestMint(address _depositTokenAddress, uint256 _amount, uint256 _minMintAmount)`
   * **Parameters**:
     * `_depositTokenAddress`: The address of the token you want to exchange for USR. Supported tokens: USDC and USDT.
     * `_amount`: The amount of the depositing token.
     * `_minMintAmount`: The minimum amount of USR tokens you want to receive. If this amount is higher than the executable amount, the request will not be handled and will remain in the CREATED status.

2. **Mint Event**:
   * After the backend (BE) receives the mint request, it processes the mint through the `completeMint` method.
   * This method emits a `MintRequestCompleted` event, indicating that the minting of USR tokens is done.
   * USR is minted using oracle price of USDC or USDT tokens against USD (Pyth).
   * The minting process takes approximately 1 minute (typically 1 - 5 blocks).

3. **Canceling a Mint Request**:
   * **Method**: `cancelMint(uint256 id)`
   * A mint request can be canceled if it is not in the COMPLETED state.
   * The current state of the request can be queried using the `mintRequests(uint256 id)` method.

#### Burning USR Tokens

1. **Request Burning**:
   * **Method**: `requestBurn(uint256 _issueTokenAmount, address _withdrawalTokenAddress, uint256 _minWithdrawalAmount)`
   * **Parameters**:
     * `_issueTokenAmount`: The amount of USR tokens to burn.
     * `_withdrawalTokenAddress`: The address of the token you want to receive after burning. Supported tokens: USDC and USDT.
     * `_minWithdrawalAmount`: The minimum amount of tokens you want to receive. If this amount is higher than the executable amount, the request will not be handled and will remain in the CREATED status.

2. **Burn Event**:
   * Upon receiving the burn request, the backend processes the burn through the `completeBurn` method.
   * Value of tokens distributed at completion of the burn request is based on Pyth oracle price.&#x20;
   * This method emits a `BurnRequestCompleted` event, indicating that the burning of USR tokens is done.
   * The process of burning USR tokens takes up to 24 hours.

3. **Canceling a Burn Request**:
   * **Method**: `cancelBurn(uint256 id)`
   * A burn request can be canceled if it is not in the COMPLETED state.
   * The current state of the request can be queried using the `burnRequests(uint256 id)` method.


# RLP

#### Minting RLP Tokens

1. **Request Minting**:
   * **Method**: `requestMint(address _depositTokenAddress, uint256 _amount, uint256 _minMintAmount)`
   * **Parameters**:
     * `_depositTokenAddress`: The address of the token you want to exchange for RLP. Supported tokens: USDC and USDT.
     * `_amount`: The amount of the depositing token.
     * `_minMintAmount`: The minimum amount of RLP tokens you want to receive. If this amount is higher than the executable amount, the request will not be handled and will remain in the CREATED status.

2. **Mint Event**:
   * After the backend (BE) receives the mint request, it processes the mint through the `completeMint` method.
   * This method emits a `MintRequestCompleted` event, indicating that the minting of RLP tokens is done.
   * The minting process takes approximately 1 minute.
   * Quantity of RLP minted is equal to the quantity of tokens used for minting adjusted by their oracle price (Pyth) and divided by the RLP price

3. **Canceling a Mint Request**:
   * **Method**: `cancelMint(uint256 id)`
   * A mint request can be canceled if it is not in the COMPLETED state.
   * The current state of the request can be queried using the `mintRequests(uint256 id)` method.

#### Burning RLP Tokens

1. **Request Burning**:
   * **Method**: `requestBurn(uint256 _issueTokenAmount, address _withdrawalTokenAddress, uint256 _minWithdrawalAmount)`
   * **Parameters**:
     * `_issueTokenAmount`: The amount of RLP tokens to burn.
     * `_withdrawalTokenAddress`: The address of the token you want to receive after burning. Supported tokens: USDC and USDT.
     * `_minWithdrawalAmount`: The minimum amount of tokens you want to receive. If this amount is higher than the executable amount, the request will not be handled and will remain in the CREATED status.

2. **Burn Event**:
   * Upon receiving the burn request, the backend processes the burn through the `completeBurn` method.
   * Value of tokens distributed at completion of the burn request is based on Pyth oracle price of those tokens.&#x20;
   * This method emits a `BurnRequestCompleted` event, indicating that the burning of RLP tokens is done.
   * The process of burning RLP tokens takes up to 24 hours.
   * Quantity of tokens transferred when burn event is completed is equal to the quantity of RLP tokens burned multiplied by the RLP price at completion.

3. **Canceling a Burn Request**:
   * **Method**: `cancelBurn(uint256 id)`
   * A burn request can be canceled if it is not in the COMPLETED state.
   * The current state of the request can be queried using the `burnRequests(uint256 id)` method.


# Security

### Wallet allowlisting

At the current stage, access to minting and redeeming Resolv tokens is available to allowlisted wallets. To gain access, [fill out a form](https://resolv.typeform.com/to/AEaQlqcz).

### Immunefi bug bounty program

Resolv maintains a public [bug bounty program](https://immunefi.com/bug-bounty/resolv/information/) at Immunefi.

### Smart contract audits

#### **ExternalRequestsCoordinator (Jan 2026)**

| Audit Firm | Report                                                                                           |
| ---------- | ------------------------------------------------------------------------------------------------ |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/ExternalRequestsCoordinator) |

#### **ResolvStakingV2 (Jul - Aug 2025)**

| Audit Firm | Report                                                                                              |
| ---------- | --------------------------------------------------------------------------------------------------- |
| Pashov     | [Link](https://github.com/pashov/audits/blob/master/team/pdf/Resolv-security-review_2025-07-25.pdf) |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Staking)                        |

#### **EtherFiTreasuryExtension (Jul 2025)**

| Audit Firm | Report                                                                                              |
| ---------- | --------------------------------------------------------------------------------------------------- |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Treasury%20EtherFI%20Extension) |

#### **RlpUpOnlyPriceStorage, Multicall (Jul 2025)**

| Audit Firm | Report                                                                     |
| ---------- | -------------------------------------------------------------------------- |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Utils) |

#### **ResolvStaking, RewardDistributor with dripper (Apr - May 2025)**

| Audit Firm | Report                                                                                                                                                                                                   |
| ---------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Staking)                                                                                                                             |
| Pashov     | [Link](https://github.com/pashov/audits/blob/master/team/pdf/Resolv-security-review_2025-04-15.pdf), [Link](https://github.com/pashov/audits/blob/master/team/pdf/Resolv-security-review_2025-05-14.pdf) |

#### **TreasuryIntermediateEscrow (March 2025)**

| Audit Firm | Report                                                                                 |
| ---------- | -------------------------------------------------------------------------------------- |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Treasury%20Escrow) |

#### **LidoTreasuryExtension (December 2024)**

| Audit Firm | Report                                                                                    |
| ---------- | ----------------------------------------------------------------------------------------- |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/Treasury%20Extension) |

#### **TheCounter, UsrPriceStorage, RlpPriceStorage, ExternalRequestsManager, UsrRedemptionExtension (December 2024)**

| Audit Firm | Report                                                                                              |
| ---------- | --------------------------------------------------------------------------------------------------- |
| Pashov     | [Link](https://github.com/pashov/audits/blob/master/team/pdf/Resolv-security-review_2024-12-09.pdf) |
| MixBytes   | [Link](https://github.com/mixbytes/audits_public/tree/master/Resolv/PoR%20Oracles)                  |

#### **Treasury Smart Contract, Request Managers, stUSR, wstUSR, USR, RLP, RewardDistributor Contracts (November 2024)**

| Audit Firm | Report                                                                                                                                         |
| ---------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |
| Sherlock   | [Link](https://github.com/sherlock-protocol/sherlock-reports/blob/main/audits/2024.12.02%20-%20Final%20-%20Resolv%20Core%20Audit%20Report.pdf) |

#### **Treasury Smart Contract, Request Manager Contracts (August - September 2024)**

| Audit Firm | Report                                                                                  |
| ---------- | --------------------------------------------------------------------------------------- |
| MixBytes   | [PDF](https://drive.google.com/open?id=11QMgK6JWcxS_-nkPUHDK-J2vtselsXRT\&usp=drive_fs) |
| Pashov     | [PDF](https://drive.google.com/open?id=11F6pruh8kqiv0jER0kylc7Sw9WsbLj0K\&usp=drive_fs) |

#### Wrapped Staking (wstUSR) (July - August 2024)

| Audit Firm  | Report                                                                                       |
| ----------- | -------------------------------------------------------------------------------------------- |
| Pessimistic | [PDF](https://drive.google.com/file/d/1SkLMHNnajC9HcwYmsz24F17shIJkd46B/view?usp=drive_link) |
| Pashov      | [PDF](https://drive.google.com/file/d/1SlU9_xp4QHSE_Ux8kJ454quR1j67Er8l/view?usp=drive_link) |

#### Token Contracts, Request Manager Contracts, Staking Contract (May - June 2024)

| Audit Firm  | Report                                                                                       |
| ----------- | -------------------------------------------------------------------------------------------- |
| MixBytes    | [PDF](https://drive.google.com/file/d/1K1VjrE8EdpONfn6hzHRlXDLo29bpcoTt/view?usp=drive_link) |
| Pessimistic | [PDF](https://drive.google.com/file/d/1K6VAIjZTEE5FmqXN11LZPRMWNxapLjq7/view?usp=drive_link) |


# Contacts

Resolv is a protocol developed by Resolv Labs, a research and development initiative founded in 2023.

We are keen to speak - use our contacts below for any related feedback or questions!

<table><thead><tr><th>Name</th><th width="187.33333333333331">Role</th><th>Contacts</th></tr></thead><tbody><tr><td><strong>Ivan Kozlov</strong></td><td>CEO</td><td><a href="https://www.linkedin.com/in/iv4nko/">LinkedIn</a> | <a href="https://x.com/Iv4n_Ko">Twitter</a></td></tr><tr><td><strong>Tim Shekikhachev</strong></td><td>CPO</td><td><a href="https://www.linkedin.com/in/timur-shekikhachev/">LinkedIn</a> | <a href="https://twitter.com/timsheki">Twitter</a></td></tr><tr><td><strong>Fedor Chmilev</strong></td><td>CTO</td><td><a href="https://www.linkedin.com/in/chmilevfa/">LinkedIn</a> | <a href="https://twitter.com/chmilevfa">Twitter</a></td></tr></tbody></table>

You can send questions to the company at <contact@resolv.im>


# Brand Assets

<div><figure><img src="/files/XRWg4hdVRr9eFnThsVsW" alt=""><figcaption><p>stUSR 265 png</p></figcaption></figure> <figure><img src="/files/IcxfNlsGQVgK6h2taBxn" alt=""><figcaption><p>wstUSR 256 png</p></figcaption></figure></div>


# Terms of Service

**IMPORTANT: These Terms of Service govern the Resolv Tokens and the Site Services (each as defined below). By purchasing Resolv Tokens (whether through the Site or otherwise), transferring Resolv Tokens or accessing or using any of the Site Services (each as defined below), you acknowledge that you have read, understand, and completely agree to be bound by these Terms and agree that any purchaser or other transferee of a Resolv Token shall be subject to these Terms. If you do not agree to these Terms, as amended or modified by any subsequent amendment, change or update: (a) do not purchase Resolv Tokens (whether though the Site or otherwise), (b) sell or transfer any Resolv Tokens you already hold, and (c) do not access or use any of the Site Services. These Terms may be amended, changed, or updated by the Resolv Parties at any time and without prior notice to you.**

**These Terms were last updated 2 April 2025.**

**Only eligible persons are permitted to access or use the Site Services. Any person that is not eligible that utilises the Site Services or that accesses the Site will be in breach of these Terms and may have any Fiat, Digital Currency, funds, proceeds or other property, confiscated (all as defined below).**

These Terms apply to users of the Resolv protocol and a frontend web application located at <https://app.resolv.xyz> (all web pages at such address are sometimes referred to as the “Site”). You should read these Terms carefully to determine which provisions apply to you. These Terms will continue to apply to you in respect of all services on the Site. By purchasing Resolv Tokens through the Site, transferring Resolv Tokens into an eligible Digital Wallet, looking up the Resov Collateral Pool (defined below) that are associated with a particular Digital Currency Address or seeking to redeem any Resolv Token through the Site (collectively or individually, the “Site Services”), the user (referred to herein as “you” or “your”) agrees to these Terms and that any purchaser or other transferee of Resolv Token of the user shall be subject to these Terms. By purchasing a Resolv Token in any way other than through the Site, the purchaser (also referred to herein as “you” or “your”) also agrees to these Terms and that any purchaser or other transferee of Resolv Token of the user shall be subject to these Terms.

These Terms, together with the incorporated materials, constitute the entire agreement and understanding between you and one or more of the following parties as applicable:

(a)   Resolv Digital Assets Ltd. (together with any successors or assigns, “RDAL”) with respect to any use, purchase, sale and redemption of the Resolv Tokens and the Resolv Protcol; and

(b)   Resolv Labs Ltd with respect to your access or use of the Site and any or all of the Site Services (together with any successors or assigns, “Resolv Labs”)

(each of you, RDAL and Resolv Labs being a “Party” and collectively, the “Parties” and RDAL and Resolv Labs together is collectively referred to herein as the “Resolv Parties”).

The Resolv Fee Schedule and Privacy Policy is incorporated into these Terms by reference. In the event of any inconsistency between these Terms and any other pages, policies, terms, conditions, licenses, limitations, or obligations contained within or on the Site, these Terms shall prevail.

The Resolv Protocol, the Resolv Tokens and the Site Services are complex and carry a high level of risk and are not appropriate for persons who do not possess the appropriate level of knowledge and experience to deal in them. None of the Resolv Parties are under any obligation to assess the suitability of the Resolv Tokens or Site Services for users and any comment or statement which may be made by Resolv Labs or any of their Related Parties as to the suitability of the Site Services to you should under no circumstances be considered as investment or legal advice and should not be received or relied upon as such.

The access or use of the Site and any of the Site Services is void where such access or use is prohibited by, would constitute a violation of, or would be subject to penalties under applicable Laws, and shall not be the basis for the assertion or recognition of any interest, right, remedy, power, or privilege.

1              Interpretation

1.1          Definitions

In these Terms and all documents incorporated herein by reference, the following words have the following meanings unless otherwise indicated:

“Accepted Digital Currency” means USDC and USDT and such other Digital Currency as may be included as an Accepted Digital Currency by RDAL by updating the published version of these Terms;

“Affiliate” means, in relation to either Party, a direct or indirect subsidiary of the Party, a holding company of the Party, and any other subsidiary of that holding company;

“AML” means anti-money laundering, including, all Laws applicable to the Parties prohibiting money laundering or any acts or attempted acts to conceal or disguise the identity or origin of; change the form of; or move, transfer, or transport, illicit proceeds, property, funds, Fiat, or Digital Currency, including the promotion of any unlawful activity such as fraud, tax evasion, embezzlement, insider trading, financial crime, bribery, cyber theft or hack, narcotics trafficking, weapons proliferation, terrorism, or Economic Sanctions violations, which may also require internal controls to detect, prevent, report, and maintain records of suspected money laundering or terrorist financing;

“Anti-Corruption” means all Laws applicable to each Party prohibiting corruption or bribery of Government Officials, kickbacks, inducements, and other related forms of commercial corruption or bribery;

“Canadian Person” means:

(a)           a resident of any province or territory of Canada;

(b)           any person established or organised in or under the Laws of Canada or any province or territory of Canada;

(c)           any estate of a decedent who was a resident of any province or territory of Canada; and

(d)           any person established or organised outside Canada or any province or territory of Canada, in which any of the foregoing, whether singularly or in the aggregate, directly or indirectly (i) holds a 50 percent or greater equity interest by votes or value, (ii) holds a majority of seats or memberships on the board of directors of the entity, or (iii) authorises, establishes, directs, or otherwise controls the actions, policies, personnel decisions, or day-to-day operations of the person.

“Controlling Person” means any person who owns more than a 25 percent interest in any person or affiliate;

“Copyrights” has the meaning set out in paragraph 10.2 of these Terms;

“CRS” means the common reporting standard or the Standard for Automatic Exchange of Financial Account Information;

“CTF” means counter-terrorist financing;

“Digital Currency” means a digital representation of value that functions as (i) a medium of exchange; (ii) a unit of account; (iii) a store of value, and/or (iv) other similar digital representations of rights or assets, which is neither issued nor guaranteed by any country or jurisdiction, typically including blockchain-based assets or rights including sovereign cryptocurrency or virtual currency such as bitcoins, and Resolv Tokens;

“Digital Wallet Address” means an alphanumeric identifier that represents a potential destination for a Digital Currency transfer, which typically is associated with a user’s Digital Wallet;

“Digital Wallet” means a software application (or other mechanism) that provides a means for holding, storing, and transferring Digital Currency;

“Economic Sanctions” means financial sanctions, trade embargoes, export or import controls, anti-boycott, and restrictive trade measures enacted, administered, enforced, or penalised by any applicable Laws, including those relating to the Resolv Collateral Portfolio;

“Eligible U.S. Person” means a person who meets the definition of Accredited Investor set forth in Rule 501(a) of Regulation D under the U.S. Securities Act, and has to RDAL’s satisfaction attested to facts supporting such qualification;

“ETH” means Ethereum, a type of Digital Currency based on an open source cryptographic protocol existing on the Ethereum Network;

“Ethereum Network” means the online, end-user-to-end-user network hosting a public transaction ledger, known as a blockchain, and the source code comprising the basis for the cryptographic and algorithmic protocols governing the Ethereum network;

“FATCA” means the United States Foreign Account Tax Compliance Act, as enacted by Title V, Subtitle A of the Hiring Incentives to Restore Employment Act, P.L 111-147 (2010), as amended;

“FATF” means the Financial Action Task Force;

“FIA” means the Financial Investigation Authority of the British Virgin Islands;

“Fiat” means the money or currency of any country or jurisdiction that is:

(a)           designated as legal tender; and,

(b)           circulated, customarily used, and accepted as a medium of exchange in the country or jurisdiction of issuance;

“FinCEN” means the Financial Crimes Enforcement Network of the U.S. Department of the Treasury;

“Government” means any national, federal, state, municipal, local, or foreign branch of government, including any department, agency, subdivision, bureau, commission, court, tribunal, arbitral body, or other governmental, government appointed, or quasi-governmental authority or component exercising executive, legislative, juridical, regulatory, or administrative powers, authority, or functions of or pertaining to a government instrumentality, including any parasternal company, or state-owned (majority or greater) or controlled business enterprise;

“Government Approval” means any authorisation, license, permit, consent, approval, franchise, concession, lease, ruling, certification, exemption, exception, filing or waiver by or with any Government necessary to conduct the business of either Party or the execution, delivery and performance of the Site Services or any transaction entered into under these Terms;

“Government Official” means an officer or employee of any Government, a director, officer, or employee of any instrumentality of any Government, a candidate for public office, a political party or political party official, an officer or employee of a public international organisation, and any person who is acting in an official capacity for any of the foregoing, even if such person is acting in that capacity temporarily and without compensation;

“Ineligible U.S. Person” means any U.S. Person that is not an Eligible U.S. Person;

“Laws” means all laws, statutes, orders, regulations, rules, treaties, and/or official obligations or requirements enacted, promulgated, issued, ratified, enforced, or administered by any Government that apply to you or the Site;

“Losses” means, collectively, any claim, application, loss, injury, delay, accident, cost, business interruption costs, or any other expenses (including attorneys’ fees or the costs of any claim or suit), including any incidental, direct, indirect, general, special, punitive, exemplary, or consequential damages, loss of goodwill or business profits, work stoppage, data loss, computer failure or malfunction, or any and all other commercial losses;

“Marks” has the meaning set out in paragraph 10.1 of these Terms;

“OFAC” means Office of Foreign Assets Control of the U.S. Department of the Treasury;

“person” includes an individual, association, partnership, corporation, company, other body corporate, trust, estate, and any form of organisation, group, or entity (whether or not having separate legal personality);

“Personal Information” has the meaning set out in the Privacy Policy;

“Prohibited Jurisdiction” means any of: Cuba, Democratic People’s Republic of Korea (North Korea), Iran *,* Syria, Crimea (a region of Ukraine annexed by the Russian Federation), the self-proclaimed Donetsk People’s Republic (a region of Ukraine), the self-proclaimed Luhansk People’s Republic (a region of Ukraine), the self-proclaimed Kherson People’s Republic (a region of Ukraine) and the self-proclaimed Zaporizhzhia People’s Republic (a region of Ukraine);

“Prohibited Person” means:

(a)           any Ineligible U.S. Person;

(b)           the Government of Venezuela;

(c)           citizen or resident of, Government or Government Official of, or person in or subject to the jurisdiction of, any Prohibited Jurisdiction; and

(d)           any Sanctioned Person;

“Privacy Policy” means the privacy policy specified on the web page <https://app.getterms.io/view/xUkjN/privacy/en-us>;

“Prohibited Use” has the meaning set out in paragraph 8 of these Terms;

“Related Parties” means each of RDAL and Resolv Labs and each and every one of their Affiliates and each of RDAL’s and Resolv Labs and their Affiliates’ shareholders, directors, officers, Affiliates, employees, contractors, agents, partners, insurers, and attorneys;

“Resolv Collateral Pool” means the designated pool of Digital Currency maintained by RDAL with a purpose to ensure that USR is redeemable on one-to-one dollar value basis for other Accepted Digital Currency and any excess collateral in the pool shall be allocatable to RLP in accordance with these Terms;

“Resolv Fee Schedule” means the fee schedule specified on the web page <https://docs.resolv.xyz/protocol-mechanics/fees>;

“Resolv Parties” means each of RDAL and Resolv Labs;

“Resolv Tokens” means each of USR and RLP;

“RLP” means the Digital Currency available for sale and redemption at the Site from time to time and further described in these Terms;

“Sanctions List” means the “Specially Designated Nationals and Blocked Persons” (“SDN”) List and the Non-SDN List, including the “Sectoral Sanctions Identifications List”, published by OFAC; the Section 311 Special Measures for Jurisdictions, Financial Institutions, or International Transactions of Primary Money Laundering Concern published by FinCEN; and, any other foreign terrorist organisation or other sanctioned, restricted, or debarred party list published by the FIA, or under Economic Sanctions, AML, or CTF Laws of or by Governments of the British Virgin Islands (including any sanctioned, restricted, or debarred party list under the Laws of the United Kingdom and applicable in the British Virgin Islands), United States and the United Nations;

“Sanctioned Person” refers to any person or Digital Wallet Address that is:

(a)           specifically listed in any Sanctions List;

(b)           directly or indirectly owned 50 percent or more by any person or group of persons in the aggregate, or a Digital Wallet associated with such person or persons, referred to in any Sanctions List, or Government or Government Official of any Prohibited Jurisdiction; or

(c)           that is subject to any Government Approval or otherwise sanctioned, restricted, or penalised under applicable Economic Sanctions, AML, or CTF Laws;

“Tax Information Exchange Laws” means Laws relating to the exchange of information relating to taxes between Governments, including FATCA and CRS;

“Terms” means these terms and conditions of sale and service, as they may be changed, amended, or updated from time to time, including the Resolv Fee Schedule and the Privacy Policy;

“Territory or Insular Possession of the United States” means the Commonwealth of Puerto Rico; the U.S. Virgin Islands; Guam; the Commonwealth of the Northern Mariana Islands; and all other territories and possessions of the United States, other than the Indian lands (as that term is defined in the Indian Gaming Regulatory Act);

“United States” or “U.S.” means the several states of the United States and the District of Columbia;

“U.S. Account” means any account that is held by one or more U.S. Persons or non-U.S. entities that have one or more Controlling Persons who is a U.S. Person;

“U.S. Citizen or U.S. Resident” includes any U.S. citizen, U.S. lawful permanent resident, individual who meets the “substantial presence” test described in section 7701(b)(3) of the U.S. Internal Revenue Code of 1986 (as amended), protected individual under section 1324b(a)(3) of the U.S. Immigration and Nationality Act, or individual who holds a passport issued by the United States Government;

“U.S. Financial Institution” means any U.S. Person and any of its affiliates, branches, offices, or agents incorporated, organised, or located in the United States or Territory or Insular Possession of the United States that is engaged in the business of:

(a)           accepting deposits

(b)           making, granting, transferring, holding, or brokering remittances, loans, or credits; or

(c)           purchasing or selling foreign exchange, securities, commodity futures or options, or procuring purchases and sellers thereof, whether as principal or agent, and this term applies to affiliates, branches, offices, and agencies of any foreign financial institution that are located in the United States or Territory or Insular Possession of the United States, but not such foreign financial institution’s affiliates, branches, offices, or agencies located outside the United States and Territory or Insular Possession of the United States;

“U.S. Person” means:

(a)           a U.S. Citizen or U.S. Resident;

(b)           a corporation, partnership, or other entity established or organised in or under the Laws of the United States;

(c)           any estate of a decedent who was a U.S. Citizen or U.S. Resident;

(d)           any trust if (i) a court within the United States is able to exercise primary supervision over the administration of the trust, and (ii) one or more United States persons have the authority to control all substantial decisions of the trust;

(e)           any person organised or incorporated outside the United States and the Territory or Insular Possession of the United States in which any of the foregoing, whether singularly or in the aggregate, directly or indirectly (i) holds a 50 percent or greater equity interest by votes or value, (ii) holds a majority of seats or memberships on the board of directors of the entity, or (iii) authorises, establishes, directs, or otherwise controls the actions, policies, personnel decisions, or day-to-day operations of the person; or

(f)            any pension plan for the employees, officers or principals of a legal entity described in paragraph 1.1.45.2, unless the pension plan is primarily for foreign employees of such entity.

“USDC” means the Digital Currency known as USD Coin.

“USDT” means the Digital Currency known as Tether.

“USR” means the Digital Currency available for sale and redemption at the Site from time to time and further described in these Terms;

“Virus” means any harmful or surreptitious code with a purpose to, effect of or that could be reasonably be expected to:

(a)           cause any unplanned interruption of the operation of a website or computer systems;

(b)           unauthorised use of a website or computer systems;

(c)           altering, destroying, or inhibiting the use of a website, software or computer systems; or

(d)           block access to, or prevent the use or accessibility of a website or computer systems. Viruses include malware, trojan horses, system monitors/keyloggers, dialers, adware, and adware cookies lockup, time bomb, key lock device program, or disabling code; and

“you” or “your” means the user.

1.2          Headings

The headings and sub-headings in these Terms are for ease of reference only and are not to be taken into account in the construction or interpretation of any provision or provisions to which they refer.

1.3          Extended Meanings

Unless otherwise specified in these Terms, words importing the singular include the plural and vice versa and words importing gender include all genders. The word “include”, “includes” or “including” will be interpreted on an inclusive basis and be deemed to be followed by the words “without limitation”.

1.4          Governing Law

These Terms shall be governed by and construed and enforced in accordance with the Laws of the British Virgin Islands, and shall be interpreted in all respects as a British Virgin Islands contract. Any dispute, controversy, claim or action arising from or related to your access or use of the Site or these Terms likewise shall be governed by the Laws of the British Virgin Islands, exclusive of choice-of-law principles. For clarity, the acquisition and loss of rights in rem to any assets comprised within the Resolv Collateral Portfolio shall also be governed by the Laws of the British Virgin Islands.

2              Right to Use the Site

If you:

(a)           have a Digital Wallet compatible for use with the Site Services;

(b)           are not a Prohibited Person;

(c)           do not operate your Digital Wallet for the benefit of a Prohibited Person; and

(d)           comply with these Terms,

Resolv Labs grants you the limited right to use the Site Services. The right to use the Site Services is a personal, restricted, non-exclusive, non-transferable, non-sublicensable, revocable, limited license, and it is subject to the limitations and obligations in these Terms. Nothing in these Terms gives you any license (other than as set out in this paragraph), right, title, or ownership of, in, or to the Site, any of the Site Services, the Copyrights or the Marks. Resolv Labs may suspend or terminate the provision of Site Services to you, as required by applicable Laws or where Resolv Labs determines that you have violated, breached, or acted inconsistent with any of these Terms.

2.2          Every Prohibited Person is strictly prohibited from directly or indirectly holding, owning or operating Resolv Tokens in any way or otherwise transacting on or using any Resolv Tokens, the Site Services or the Site.

2.3          No order or transaction in Resolv Tokens may be for the financial or other benefit of a Prohibited Person.

2.4          With respect to any person organised or incorporated outside the United States and the Territory or Insular Possession of the United States, the prohibitions in paragraphs 2.2 and 2.3 are governed by the terms of paragraph (e) of the definition of “U.S. Person” set forth above and will be applied at the entity level.

2.5          persons who are not U.S. Persons with accounts that are not U.S. Accounts may be prohibited in the discretion of Resolv Labs from directly or indirectly holding, owning or operating Resolv Tokens in any way or otherwise transacting on or using any Resolv Tokens, the Site Services or the Site, if Resolv Labs believes or suspects that they are making a deposit, withdrawal, or transfer of Fiat or Digital Currency to, from, or through any U.S. Financial Institution to facilitate the provision of the Site Services.

2.6          The Resolv Parties are under no obligation to support any particular blockchain or protocol, any forked version of any particular blockchain or protocol or any Digital Currency resulting from a fork of a blockchain. Where a blockchain or protocol on which Resolv Tokens are issued is forked, the Resolv Parties may elect to suspend Site Services temporarily or for an extended period of time on little or no notice. The Resolv Parties will determine, in its sole discretion, whether to support a particular fork of a blockchain or protocol or whether to cease support for all version of a particular blockchain or protocol. Where the Resolv Parties determines to cease support for a particular blockchain or protocol, you will take any and all actions reasonably necessary to effectuate the migration of your Resolv Tokens to a supported blockchain or protocol identified by the Resolv Parties. The Resolv Parties assumes no liability or responsibility whatsoever arising out of or relating to your failure to effectuate such migration of your Resolv Tokens to another blockchain or protocol identified by the Resolv Parties.

2.7          By using a Digital Wallet, you agree that you are using the Digital Wallet in accordance with any terms and conditions of an applicable third-party provider of such Digital Wallet. Digital Wallets are not maintained or supported by, or associated or affiliated with, the Resolv Parties. When you interact with the Site Services, as between the Resolv Parties and you, you retain control over your digital assets at all times. We do not control digital assets in your Digital Wallet, and we accept no responsibility or liability to you in connection with your use of a Digital Wallet. We make no representations or warranties regarding how the Site Services will operate with, or be compatible with, any specific Digital Wallet. **The private keys necessary to access and/or transfer the digital assets held in a Digital Wallet are not known or held by the Resolv Parties. Any third party that may gain access to your login credential, private key, or third-party cloud or storage mechanism for such information may be able to misappropriate digital assets held by you. The Resolv Parties have no ability to help you access or recover your private key and/or seed phrase for your Digital Wallet. As between you and the Resolv Parties, solely you are responsible for maintaining the confidentiality of your private key, and solely you are responsible for any transaction signed with your private key. The Resolv Parties are not responsible for any loss associated with your private key, Digital Wallet, vault, or other storage mechanism.**

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3              Service Fees

All transactions involving Resolv Tokens may be subject to fees levied by the Resolv Parties as set out and updated in the Resolv Fee Schedule from time to time or as otherwise agreed between you and the Resolv Parties.

4              Resolv Tokens

4.1          Resolv Collateral Pool

The composition of the Resolv Collateral Pool used to back Resolv Tokens is within the sole control and at the sole and absolute discretion of RDAL. The Resolv Collateral Pool backs USR with a more than 100% ratio. Any excess of the Resolv Collateral Pool is used to back RLP.

4.2          USR

RDAL issues and redeems USR. RDAL will issue USR for consideration consisting of the Accepted Digital Currency. USR may be used, kept, or exchanged online wherever parties are willing to accept USR. USR are denominated in USD on a 1-to-1 basis. If you cause to be issued USR 100.00, RDAL holds Resolv Collateral Pool valued at USD 100.00 to back those USR.

4.3          RLP

RDAL issues and redeems RLP. RLP is a liquid Digital Currency, which may be used, kept, or exchanged online wherever parties are willing to accept RLP. RLP has a minting and redemption price (the “RLP Price”), representing value of ETH backing a single unit of RLP token. The RLP Price can vary. Collateral required for minting or redemption is based on the most recent published RLP Price. RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the Resolv Collateral Pool.

RLP is not linked to USD on a 1-to-1 basis, however it is backed by the Resolv Collateral Pool, value of which is designed to have as low volatility against USD as possible. On this basis, the RLP Price is changing as a result of accrual of profits of the Resolv Collateral Pool, which have a floating interest rate behaviour. The RLP Price can also change significantly as a result of occurrence of the following events:

(a)           failure to pay, insolvency, restructuring or other credit events of similar nature with respect to counterparties of RDAL in connection with the Resolv Collateral Pool;

(b)           significant changes in interest rates, including interest rates under the Digital Currency futures contracts (funding rates); and/or

(c)           other adverse events which result or may result in losses with respect to the Resolv Collateral Pool.

4.4          Issuance & Redemptions

In order to cause USR or RLP (hereinafter referred to as a Resolv Token) to be issued or redeemed directly by RDAL, you must be a verified customer of RDAL. The right to have USR or RLP redeemed or issued is a contractual right personal to you. RDAL reserves the right to delay the redemption or withdrawal of a Resolv Token if such delay is necessitated by the illiquidity or unavailability or loss of any Resolv Collateral Pool held by RDAL to back the Resolv Tokens, and RDAL reserves the right to redeem USR or RLP (as the case may be) by in-kind redemptions of assets held in the Resolv Collateral Pool. RDAL makes no representations or warranties about whether any Resolv Tokens may be traded on the Site at any point in the future, if at all.

4.5          Forks, Wrapping and Bridging

Resolv Tokens are issued on various decentralised and open-source blockchains and protocols. Blockchains and protocols can sometimes experience events called “forks” where an alternative version of a blockchain or protocol is created. Where forks occur, it is possible that multiple versions of a Digital Currency available on such blockchain or protocol could be created, for example, one on each fork. Due to the nature of Resolv Tokens, if a fork creates two or more Digital Currency which purport to be a USR or RLP (as the case may be), it is only possible for one of those Digital Currency to be a USR or RLP (respectively). As a result, in the event of a fork only the Digital Currency on the particular blockchain or protocol that RDAL announces on its website as being supported by RDAL are USR or RLP (as the case may be). Any other Digital Currency resulting from the fork are not USR. RDAL assumes no liability or responsibility whatsoever for any losses or other issues that might arise from RDAL electing to support or not support a particular blockchain or protocol, any forked version of any particular blockchain or protocol or any Digital Currency resulting from a fork of a blockchain or protocol. It is also possible that a third-party could create a Digital Currency which claims to be an alternative version of a USR or RLP, such as by “wrapping” or “bridging” USR or RLP. These Digital Currency are not USR or RLP (as applicable). They are not issued or supported by RDAL. They cannot be redeemed with RDAL.

5              Purchase and Redemption of Resolv Tokens

5.1          Verified customers of RDAL may purchase Resolv Tokens from RDAL subject to fees in accordance with the Resolv Fee Schedule in effect at the time of purchase.

5.2          Resolv Token is purchased in consideration for Accepted Digital Assets, on 1:1 value basis less minting fees (if any).

5.3          RDAL will make commercially reasonable efforts to process a verified customer request to redeem Resolv Tokens promptly. However, it may take several business days for any redemption to be completed. RDAL reserves the right to delay the redemption or purchase of Resolv Tokens if the delay is necessitated by the illiquidity or unavailability or loss of any Resov Collateral Pool backing Resolv Token or as otherwise required by Laws or demanded or lawfully requested by any Government.

6              Risks and Limitation of Liability

IMPORTANT: Trading in Resolv Tokens is volatile and markets shift quickly in terms of price, liquidity, market depth, and trading dynamics. The information presented on or through the Site is made available solely for general information purposes, and the Resolv Parties and their Related Parties do not warrant the accuracy, completeness, or usefulness of this information. You are solely responsible and liable: for any and all activity on the Site; and, for knowing the correct status of your Resolv Tokens on the Site, even if presented incorrectly by the Site at any time. You acknowledge and agree: to be fully responsible and liable for your actions and inactions on the Site and all gains and Losses sustained from your use of the Site and any of the Site Services; and to be fully responsible for safeguarding access to, and any information provided through, the Site and any of the Site Services, including, your Digital Wallet, Digital Wallet Address, private keys, usernames, passwords, and bank account details.

6.1          There is no guarantee against Losses from Resolv Tokens or the use of Resolv Tokens.

7              Transactions in Resolv Tokens

7.1          In the course of processing transactions in Resolv Tokens at the Site, the Resolv Parties may be required to share your user information with other contractual third parties, including financial institutions, or as required under applicable Laws or demanded upon a lawful request by any Government. You hereby irrevocably grant full permission and authority for Resolv Parties to share this information with such contractual third parties, or as required under applicable Laws or demanded upon a lawful request by any Government, and release Resolv Parties from any liability, error, mistake, or negligence related thereto. You accept all consequences of sending Resolv Tokens, off of the Site. Resolv Token transactions are not reversible. Once you send Resolv Tokens to an address, whether intentionally or by a fraudulent or accidental transaction, you accept the risk that you may lose access to, and any claim on, those Resolv Tokens indefinitely or permanently. You acknowledge that Resolv Parties may delay or suspend redemption under various circumstances, including in the event that Resolv Parties determines that you have engaged in a Prohibited Use; when Resolv Parties are directed to do so by any Government; if your Digital Wallet or other account or wallet is subject to pending litigation, investigation, or Government proceedings; or when Resolv Parties believes that someone is attempting to gain unauthorised access to your Digital Wallet or other account or wallet. Resolv Tokens are not legal tender and are not backed by any Government. Resolv Tokens are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.

8              Resolution of Disputes

8.1          Any dispute, claim, controversy or action arising out of or related to (a) these Terms or the existence, breach, termination, enforcement, interpretation or validity thereof, or (b) your Digital Wallet, the operations and services of the Site, or (c) your access to or use of the Site Services at any time, shall be subject to the exclusive jurisdiction of the courts of the British Virgin Islands. For the avoidance of doubt, and without limiting the generality of the foregoing, this provision expressly applies to any claim, whether in tort, contract or otherwise, against Resolv Parties.

8.2          You irrevocably and unconditionally agree and consent to the jurisdiction and venue of the courts of the British Virgin Islands, and you waive any objections thereto, including under the doctrine of forum non conveniens or other similar doctrines.

8.3          You and Resolv Parties agree that any Party hereto may bring claims against the others only on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No adjudicator may consolidate or join more than one person’s or party’s claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to any one Resolv Token user cannot and may not affect any other Resolv Token users.

8.4          JURY TRIAL WAIVER: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING OF ANY KIND WHATSOVER ARISING OUT OF OR RELATING TO THESE TERMS OR ANY BREACH THEREOF, ANY USE OR ATTEMPTED USE OF THE SITE OR THE SITE SERVICES BY YOU, AND/OR ANY OTHER MATTER INVOLVING THE PARTIES.

9              Prohibited Uses

You may not:

9.1          use the Site or any Site Services in order to disguise the origin or nature of illicit proceeds of, or to further, any breach of applicable Laws, or to transact or deal in any contraband Digital Currency, Fiat, funds, property, or proceeds;

9.2          use the Site or any Site Services if any applicable Laws, including AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws, prohibit, penalise, sanction, or expose Resolv Labs to liability for any Site Services furnished or offered to you or your Digital Wallet under these Terms;

9.3          use the Site or any of the Site Services, or any financial services of any U.S. Financial Institution, whether or not an Associate of Resolv Labs, to facilitate, approve, evade, avoid, or circumvent any applicable Laws, including AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws;

9.4          use the Site or any Site Services to evade taxes under the Laws of the British Virgin Islands, the United States, or any other jurisdiction(s) applicable to you or the Site;

9.5          purchase or redeem Resolv Tokens, or otherwise transact on the Site, or use any Site Services, with anything other than Fiat, funds, keys, property, or Digital Currency that have been legally obtained by you and that belong to you;

9.6          use the Site or any Site Services to interfere with or subvert the rights or obligations of RDAL or the rights or obligations of any other Site user or any other person;

9.7          trade using misleading or inaccurate information presented to the Site or to RDAL or take advantage of any technical glitch, malfunction, failure, delay, default, or security breach;

9.8          use the Site or any Site Services to engage in conduct that is detrimental to RDAL or to any other Site user or any other person;

9.9          take advantage of any technical glitch, malfunction, delay, default or security breach on the Site;

9.10       falsify any account, Site registration, exchange, or administration details provided to RDAL or any of its Related Parties, impersonate another person or misrepresent your affiliation with a person;

9.11       falsify or materially omit any information or provide misleading or inaccurate information requested by RDAL or any of its Related Parties, including at Site registration or during the course of administering any Site Services to you;

9.12       cause injury to, or attempt to harm, RDAL, any of its Related Parties or any person through your access to the Site or any Site Services;

9.13       promote discrimination based on race, religion, nationality, disability, sexual orientation, gender or gender identity, or age;

9.14       have more than one account and more than one Digital Wallet on the Site, or use any Digital Wallet on a one-time, ‘throwaway’ basis; any such additional Digital Wallet or one time ‘throwaway’ Digital Wallet may be terminated or suspended at the absolute discretion of RDAL;

9.15       where you are subject to prohibitions or restrictions as set forth in paragraph 2, access the Site or use any Site Services utilising any virtual private network, proxy service, or any other third-party service, network, or product with the effect of disguising your IP address or location, or access the Site or use any Site Services from, or being subject to, the jurisdiction of any Prohibited Jurisdiction or Government or Government Official thereof;

9.16       utilise an Digital Wallet, any Site Services or the Site for the financial or other benefit of a Prohibited Person; or

9.17       violate, promote, or cause a violation of, or conspire or attempt to violate these Terms or applicable Laws.

9.18       Any use as described in this paragraph shall constitute a “Prohibited Use”. If RDAL determines or suspects that you have engaged in any Prohibited Use, RDAL may address such Prohibited Use through an appropriate sanction, in its sole and absolute discretion. Such sanction may include making a report to any Government, law enforcement, or other authorities, without providing any notice to you about any such report; confiscation of any Fiat, funds, property, proceeds, or Digital Currency in any Digital Wallet that you have on the Site; and, suspending or terminating your access to any Site Services or Fiat, funds, property, or Digital Currency from any Digital Wallet. RDAL may, at its sole and absolute discretion, seize and deliver your property to any applicable Government, law enforcement, or other authorities where circumstances warrant or in accordance with Laws. In addition, should your actions or inaction result in Loss being suffered by RDAL or any of its Related Parties, you shall pay an amount to RDAL or the Associate so as to render RDAL or the Associate whole, including the amount of taxes or penalties that might be imposed on RDAL or the Associate.

10           Due Diligence Generally, Anti-Money Laundering and Counter-Terrorist Financing

10.1       RDAL is committed to providing safe, compliant, and reputable Site Services and to identify, detect, prevent, and report on money laundering, terrorist financing, and other improper activities under applicable AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws. Accordingly, RDAL insists on a comprehensive and thorough user due diligence process and ongoing analysis and reporting. By agreeing to these Terms, you shall affirmatively certify that you are not a Prohibited Person, that you are not utilising an Digital Wallet for the benefit of a Prohibited Person and that your account would not be regarded as a U.S. Account, and must provide promptly all information requested and necessary to satisfy due diligence requirements and obligations pursuant to applicable Laws and the compliance policies or procedures of RDAL or any of its Affiliates. Additionally, RDAL or any of its Affiliates may assess whether you will make, or intend to make, a transfer to, from, or through any U.S. Financial Institution to facilitate the provision of the Site Services, and if applicable, you must provide all information requested and necessary to satisfy due diligence requirements and obligations pursuant to applicable Laws and the compliance policies or procedures of RDAL. You agree to provide promptly any documentation, information, or records requested by RDAL at any time, including a self-certification permitting the determination of tax residence and status under Tax Information Exchange Laws. Such information may include self-certifications as to Controlling Persons and beneficial ownership of one or more legal entities. RDAL needs to retain certain information, documentation, and records on file pursuant to applicable Laws and its contractual relationships, and RDAL hereby expressly reserves the right to keep such information, documentation, and records. Additionally, RDAL monitors for and assesses suspicious or sanctionable transactions under applicable AML, CTF, Anti-Corruption, and Economic Sanctions Laws, as well as undertakes mandatory reporting to OFAC, FIA, and international regulators. These undertakings shall apply even when you suspend or terminate your relationship with RDAL or abandon your application to have an Digital Wallet or transfer all Resolv Tokens from your Digital Wallet. Our policies apply to any and all Digital Currency, Fiat, and other funds or property being exchanged on or through the Site or by any of you or your Affiliates.

10.2       RDAL reserves the right to bar transactions from or to, to undertake enhanced due diligence, or to suspend or terminate the administration of Site Services, or the creation or administration of any Digital Wallet for or with, any user for any reason (or for no reason) at any time, including the provisions of paragraphs 8 and 11, subject to any limitations imposed by applicable Laws. Without limiting the generality of the foregoing, this includes any transfer, transaction, business, or dealing with a: (i) Sanctioned Person; (ii) Prohibited Jurisdiction or a citizen or resident of, Government or Government Official of, or person in or subject to jurisdiction of, any Prohibited Jurisdiction; (iii) U.S. Person; (iv) Canadian Person; (v) citizen or resident of the British Virgin Islands or Switzerland; (vi) person from or in any jurisdiction that does not meet international AML–CTF standards (including any jurisdiction identified by the FATF as high-risk, non-cooperative, or strategically deficient jurisdictions, or jurisdictions under increased monitoring); (vii) person that is or formerly was a Government Official or Politically Exposed person within the meaning of the FATF’s 40 Recommendations; (viii) person that presents a risk of any exposure to penalties, sanctions, or other liabilities under AML Laws, CTF Laws, Anti-Corruption Laws, Economic Sanctions Laws, or tax Laws that may apply to you or to RDAL or any of its Related Parties; (ix) person that RDAL determines is acting in the United States or Territory or Insular Possession of the United States (whether or not by, to, through, or from a U.S. Financial Institution) in violation of, causing any other person, including any of the Related Parties, to violate, attempting or conspiring to violate, or evading or circumventing these Terms or applicable Laws; and (x) person that fails to meet any user due diligence standards, requests, or requirements of RDAL, or otherwise appears to be of high risk, including any of the foregoing factors. In lieu of refusing registration, access or ongoing administration of your Digital Wallet, RDAL may, in its sole discretion, perform enhanced due diligence procedures. At all times, you may be subject to enhanced due diligence procedures in your use of the Site and any Site Service. If you decline to provide requested due diligence information or otherwise do not reply timely or substantively with the documentation or data requested, RDAL has the absolute discretion to suspend or terminate Site Services to you immediately.

11           Intellectual Property

11.1       The trademarks, service marks, and trade names, including both word marks and design marks (the “Mark(s)”) are used by RDAL under license. You agree not to appropriate, copy, display, reverse engineer, or use the Marks or other content without express, prior, written permission from RDAL or the owner of the Marks, including as a domain name, as social media profile/handle, on a website, in an advertisement or other marketing, as or in connection with a phone number, as or in connection with an email address, in Internet search results, in meta data or code, or in any other manner;

11.2       Unless otherwise indicated, all materials on the Site are used by RDAL under license (“Copyrights”). You agree not to appropriate, copy, display, or use the Copyrights or other content without express, prior, written permission from RDAL or the third-party owner;

11.3       You may link to the Site’s homepage or other pages, provided you do so in a way that is fair and legal and does not damage RDAL’s reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval, or endorsement on RDAL’s part without prior, express, written consent;

11.4       The Site may provide certain social media features that enable you to link, send communications, or display certain content from the Site. You may use these features solely as they are provided by RDAL. You may not establish a link from any website that is not owned by you, cause the Site or portions of it to be displayed on or by any other Site (for example, framing, deep linking, or in-line linking), or otherwise take any action with respect to the materials on the Site that is inconsistent with any other provision of these Terms;

11.5       You must not register, record, or otherwise control any domains, social media handles/profiles, Marks or other trademark or service mark registrations, trade names or any other intellectual property rights featuring intellectual property owned by RDAL, any of its Related Parties or its or their licensor(s) directly or through a third party (“Prohibited Assets”). If RDAL becomes aware that you own or control any Prohibited Assets, the Prohibited Asset(s) will be automatically transferred and assigned to RDAL, its nominated Associate or its licensor(s) under these Terms of Service. You agree to execute all instruments and documents and do such additional acts as RDAL, its Associate(s) or its licensor(s) may deem necessary or desirable to record and perfect the assignment of rights under this paragraph 10.5. If RDAL, its Associate(s) or its licensor(s) are unable for any reason to secure your timely signature to any document it is entitled to under this paragraph 10.5 within fourteen days, you hereby irrevocably designate and appoint RDAL, its Related Parties and its licensor(s) and their duly authorised directors, officers and agents as your attorney-in-fact, with full power of substitution to act for and on your behalf and instead of you to execute and file any such document(s) and to do all other lawfully permitted acts to further the purposes of the foregoing with the same legal force and effect as if executed by you; and

11.6       The Site and Site Services are protected by copyright, trademark, trade secret and other intellectual property or proprietary rights laws in various jurisdictions. All rights not expressly granted to you in these Terms are reserved by RDAL or its licensor(s). Except as expressly authorised by RDAL, you will not (i) license, sublicense, rent, sell, resell, transfer, assign, distribute, or otherwise commercially exploit or make available to any person all or any part of the Site or Site Services in any way; (ii) copy, modify, republish, distribute, or make derivative works based upon all or any part of Site or Site Services; (iii) “frame” or “mirror” all or any part of the Site or Site Services on any other server or wireless or Internet-based device; or (iv) reverse engineer or access all or any part of Site or its Site Services in order to (a) build a competitive product or service, (b) build a product or service using similar ideas, features, functions, or graphics of all or any part of the Site or Site Services, or (c) copy any ideas, features, functions, or graphics of all or any part of the Site or Site Services.

12           Your Representations and Warranties

You represent and warrant to RDAL on the date of your acceptance or deemed acceptance of these Terms and each day on which you utilise or access the Site Services, in each case with reference to the facts and circumstances existing at such date, as follows:

(a)           that, if you are an individual user, you are 18 years of age or older and that you have the capacity to contract under applicable Laws;

(b)           that, if you are registering to use or using the Site on behalf of a legal entity, (i) such legal entity is duly organised and validly existing under the applicable laws of the jurisdiction of its organisation; and (ii) you, and any individuals utilising the services on behalf of the legal entity are duly authorised by such legal entity to act on its behalf;

(c)           that you understand the risks associated with using the Site, that you are not prohibited or restricted from using the Site by paragraph 2 of these Terms of Service, and that you are not otherwise prohibited by applicable Laws from using, or acting for the benefit of another person that is prohibited or restricted from using, the Site and that you have had the opportunity to seek legal, accounting, taxation and other professional advice regarding these Terms and the Site Services;

(d)           that you will not use the Site or any Site Services in order to conceal or disguise the origin or nature of proceeds of crime or terrorist financing, or to further, any breach of applicable AML Laws or CTF Laws, or to deal in any unlawful Digital Currency, Fiat, property, funds, or proceeds;

(e)           that you will not trade or otherwise transact on the Site or use any Site Services with anything other than Fiat, funds, or Digital Currency that have been legally obtained by you, that belong to you, and that are free and clear of all liens, claims, and encumbrances;

(f)            that you are currently in compliance with, and must, at your own cost and expense, comply with all Laws that relate to or affect the Site Services conducted under these Terms, including AML Laws, CTF Laws, Anti-Corruption Laws, Economic Sanctions Laws, Tax Information Exchange Laws or other tax Laws;

(g)           that you consent to any and all tax and information reporting under AML Laws, CTF Laws, Anti-Corruption Laws, Economic Sanctions Laws, Tax Information Exchange Laws or other tax Laws as RDAL may reasonably determine;

(h)           that neither you nor any of your Affiliates shall use any Digital Currency, Fiat, property, proceeds or funds subject to the Site Services of the Site directly or indirectly (i) on behalf of or for the benefit of a Prohibited Person or any person subject to the jurisdiction of a Prohibited Jurisdiction, except where authorised under any Government Approval or not restricted by applicable Laws; (ii) in violation of or as prohibited, restricted, or penalised under applicable Economic Sanctions Laws; or (iii) in any way that would violate, be inconsistent with, penalised under, or cause the omission of filing of any report required under applicable AML Laws, CTF Laws, or Economic Sanctions Laws;

(i)             that you have not (i) violated; (ii) been fined, debarred, sanctioned, the subject of Economic Sanctions-related restrictions, or otherwise penalised under; (iii) received any oral or written notice from any Government concerning actual or possible violation by you under; or (iv) received any other report that you are the subject or target of sanctions, restrictions, penalties, or enforcement action or investigation under, any applicable Laws, including AML Laws, CTF Laws, Anti-Corruption Laws, or Economic Sanctions Laws;

(j)             that neither you nor any of your Affiliates is: (i) itself or owned (beneficially or of record) or controlled by a Sanctioned Person; (ii) involved in any transaction, transfer, or conduct, whether or not by using or receiving the Site Services from any Resolv Tokens Wallet or Digital Wallet Address, that is likely to result in you or your Affiliates or your or your Affiliate’s, shareholders, directors, officers, employees, agents, or partners becoming a Sanctioned Person; (iii) residing or domiciled in, or transferring Digital Currency, Fiat, funds, or property to, from, or through any Digital Wallet, Digital Wallet Address or engaging in any transaction on the Site from a Prohibited Jurisdiction; (iv) a Government or Government Official of a Prohibited Jurisdiction or (v) otherwise a Prohibited Person;

(k)           that neither you nor any of your Affiliates or your or your Affiliate’s, shareholders, directors, officers, employees, agents, or partners has directly or indirectly offered, promised, given, or authorised any payment, or offered, promised, given, or authorised the giving of anything else of value, including any Digital Currency or Fiat, to a Government Official or individual employed by another entity in the private sector in violation of any applicable Anti-Corruption Laws;

(l)             that you will not falsify any Site or Site Services registration or administration details provided to RDAL;

(m)          that you will not falsify or materially omit any information or provide misleading or inaccurate information requested by RDAL in the course of, directly or indirectly relating to, or arising from your activities on the Site or use of any Site Services, including at registration or during administration or other due diligence processes, and that if any information provided to RDAL becomes incorrect or outdated, including information relating to your ownership, you will promptly provide corrected information to RDAL;

(n)           that you shall employ reasonable anti-Virus, anti-malware and other software and techniques to protect you and your Digital Wallet from being the victim of a hack or of other malicious actions, so as to protect the integrity of your Digital Wallet and to keep such Digital Wallet and the access to the Site from your account out of the reach of other persons;

(o)           that you shall not introduce or transmit any Virus into the Site or RDAL and its Affiliates’ computer systems;

(p)           that you acknowledge and agree that Fiat, Digital Currency or other property reflected in your Digital Wallet are not segregated assets held in your name or for your benefit but reflected only in the books and records of RDAL;

(q)           that you acknowledge and agree that any instructions received or undertaken through your login credentials or from your authorised e-mail address on file with RDAL are deemed to be valid, binding, and conclusive regardless of whether there is any error resulting from an instruction made by you or on your behalf, any error resulting, directly or indirectly, from fraud or the duplication of any instruction made by you or on your behalf or the malfunction of any device or compromise of credentials used by you to deliver instructions, and that RDAL may act upon those instructions without any liability or responsibility attaching to it;

(r)            that you will fairly and promptly report all income associated with your activity on the Site pursuant to applicable Laws and pay any and all taxes thereon; and

(s)           that you will accurately and promptly inform RDAL if you know or have reason to know whether any of the foregoing representations or warranties no longer is correct or becomes incorrect.

13           No Representations and Warranties by RDAL

13.1       RDAL makes no representations, warranties, covenants or guarantees to you of any kind and, to the extent permitted by applicable Laws, RDAL expressly disclaims all representations, warranties, covenants or guarantees, express, implied or statutory, with respect to the Site and the Site Services. The Site and the Site Services are offered strictly on an as-is, where-is basis and, without limiting the generality of the foregoing, are offered without any representation as to merchantability or fitness for any particular purpose. RDAL may also provide access to features or services that are identified as “beta” or pre-release. Without limiting the preceding sentences in this paragraph, you understand that such services are still in development, may have bugs or errors, may be incomplete, may materially change prior to a full commercial launch, or may never be released commercially.

14           No Advice

14.1       RDAL does not provide any investment, portfolio management, legal, accounting, tax or other advice, or advice on trading techniques, models, algorithms, or any other schemes.

15           Limitation of Liability and Release

15.1       IMPORTANT: To the maximum extent permitted by applicable Law, you irrevocably agree and acknowledge that no Associate assumes any liability or responsibility for and no Associate shall have any liability or responsibility for any Losses directly or indirectly arising out of or related to:

(a)           any breach by you of these Terms;

(b)           the Site, and your use of it, except as explicitly provided for in these Terms of Service;

(c)           the Site Services, and your use of any of them, except as explicitly provided for in these Terms of Service;

(d)           any failure by you or any Affiliate to comply with applicable Laws;

(e)           any information or materials available through the Site, whether originating from RDAL, its Related Parties or any other person;

(f)            the real or perceived value of any Resolv Tokens or other Digital Currency traded or utilised on the Site, or the price of any Resolv Token or other Digital Currency displayed on the Site at any time;

(g)           any inaccurate, misleading, or incomplete statement by RDAL or on the Site regarding your Digital Wallet, whether caused by RDAL’s negligence or otherwise;

(h)           any failure, delay, malfunction, interruption, or decision (including any decision by RDAL to vary or interfere with your rights) by RDAL in operating the Site or providing any Site Service;

(i)             any stolen, lost, or unauthorised use of your Digital Wallet information, any breach of security or data breach related to your Digital Wallet information, or any criminal or other third-party act affecting RDAL or any Associate;

(j)             RDAL electing to support or not support a particular blockchain or protocol, any forked version of any particular blockchain or protocol or any Digital Currency resulting from a fork of a blockchain or protocol;

(k)           your failure to effectuate the migration of your Resolv Token to another blockchain or protocol identified by RDAL; or,

(l)             any offer, representation, suggestion, statement, or claim made about RDAL, the Site, or any Site Service by any Associate.

15.2       You hereby agree to release the Related Parties from liability for any and all such Losses, and you shall indemnify and save and hold the Related Parties harmless from and against all such Losses. To the maximum extent permitted by applicable Law, the foregoing limitations of liability, releases and indemnities shall apply whether the alleged liability or Losses are based on contract, negligence, tort, unjust enrichment, strict liability, violation of law or regulation, or any other basis, even if the Related Parties have been advised of or should have known of the possibility of such Losses and damages, and without regard to the success or effectiveness of any other remedies.

16           No Waiver; Available Remedies

16.1       Any failure by RDAL to exercise any of its rights, powers, or remedies under these Terms, or any delay by RDAL in doing so, does not constitute a waiver of any such right, power, or remedy. The single or partial exercise of any right, power, or remedy by RDAL does not prevent either from exercising any other rights, powers, or remedies. The remedies of RDAL are cumulative with and not exclusive of any other remedy conferred by the provisions of these Terms, or by law or equity. You agree that the remedies to which RDAL is entitled include (i) injunctions to prevent breaches of these Terms and to enforce specifically the terms and provisions hereof, and you waive the requirement of any posting of a bond in connection with such remedies, (ii) the right to recover the amount of any Losses by set off against any amounts that RDAL would otherwise be obligated to pay to you, and (iii) the right to seize and recover against any of your Resolv Tokens, other Digital Currency, Fiat or other funds, or your interests therein, that are held by RDAL or any of its Related Parties.

17           Force Majeure

17.1       RDAL is not responsible for damages caused by delay or failure to perform undertakings under these Terms when the delay or failure is due to fires; strikes; floods; power outages or failures; acts of God or the state’s enemies; acts of any Government or Government Official; any and all market movements, shifts, or volatility; computer, server, or Internet malfunctions; security breaches or cyberattacks; criminal acts; delays or defaults caused by common carriers; acts or omissions of other persons; or, any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against. In the event of force majeure, RDAL is excused from any and all performance obligations under these Terms.

18           Assignment and Third Party Rights

18.1       These Terms, and any of the rights, duties, and obligations contained or incorporated herein, are not assignable by you without prior written consent of RDAL. However, the provisions of these Terms which expressly apply to Resolv Token shall continue to apply to such tokens following their transfer by you. These Terms, and any of the rights, duties, and obligations contained herein, are freely assignable by RDAL without notice or your consent (for clarity, this assignment right includes the right for RDAL to assign any claim, in whole or in part, arising hereunder). Any attempt by you to assign these Terms without written consent is void. Subject to the foregoing, these Terms, and any of the rights, duties, and obligations contained or incorporated herein, shall be binding upon and inure to the benefit of the heirs, executors, administrators, personal or legal representatives, successors and assigns of you and of RDAL. None of the provisions of these Terms, or any of the rights, duties, and obligations contained or incorporated herein, are for the benefit of or enforceable by any creditors of you or RDAL or any other persons, except such as inure to a successor or assign in accordance herewith: and (ii) that the Related Parties of RDAL are intended third party beneficiaries of the rights and privileges expressly stated to apply to the Related Parties hereunder and shall be entitled to enforce such rights and privileges (including those rights and privileges set out in paragraphs 8 and 14) as if in direct privity under these Terms of Service, subject to the conditions and limitations hereof including those relating to the resolution of disputes. No consent of any person is required for any modification or amendment to these Terms of Service.

19           Severability

19.1       If any provision of these Terms or part thereof, as amended from time to time, is determined to be invalid, void, or unenforceable, in whole or in part, by any court of competent jurisdiction, such invalidity, voidness, or unenforceability attaches only to such provision to the extent of its illegality, unenforceability, invalidity, or voidness, as may be, and everything else in these Terms continues in full force and effect.

20           Sharing of Personal Information

20.1       From time to time, RDAL receives information requests from Governments, law enforcement agencies and courts around the world. In this context, RDAL might be ordered to share and/or will provide on a voluntary basis, if this appears reasonable and necessary, your Personal Information with/to law enforcement agencies, the persons identified by a court and/or a Government. You hereby consent to the sharing of your Personal Information as further detailed in these Terms and the Privacy Policy.

21           Electronic Communications and Acceptance

You agree and consent to receive electronically all communications, agreements, documents, receipts, notices and disclosures that RDAL may provide in connection with these Terms through publication on any part of the Site or to your authorised e-mail address on file with RDAL. Such notices shall be deemed effective and received by you on the date on which the notice is published on any part of the Site or on which the e-mail is sent to such authorised e-mail address. These Terms may be accepted electronically, and it is the intention of the Parties that such acceptance shall be deemed to be as valid as an original signature being applied to these Terms.

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# RESOLV Staking Terms

Effective Date: 27 May 2025\
Last Amended: 30 August 2025

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1\.     GENERAL PROVISIONS

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The terms apply to users of the <https://app.resolv.xyz/resolv/stake>, a web-hosted user interface (the “Staking Services”) made available by Resolv Labs Ltd (“Resolv”, “Company”, “We”, “Us”, or “Our”).  The Staking Services allow You to connect Your Wallet (as defined below) to stake Your $RESOLV tokens, the native tokens of the Resolv Protocol (the “Protocol”) in order to receive rewards.&#x20;

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By using the Staking Services, individuals, whether on their own behalf or on behalf of entities (including DAOs) (“You”, or “User”), agree to be bound by these Staking Terms of Use ("Staking Terms"). If You do not agree to these Staking Terms, or if You cannot legally bind any company, organization or other entity You represent, You must not access or use the Staking Services.

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You also agree that these Staking Terms shall be read together with Our Privacy Policy and Our Terms of Service  (together, the “General Terms”), which are incorporated herein by reference. These Staking Terms shall be read to be consistent with the General Terms to the greatest extent possible. In the event of a direct conflict between these Staking Terms and the General Terms, these Staking Terms shall control but only with respect to Your use of the Staking Services.

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2\.     STAKING SERVICES

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The Staking Services allow you to initiate a transaction from Your Digital Wallet that transfers your $RESOLV to a smart contract and receive $stRESOLV in return. $stRESOLV tokens certify the staked (deposited) amount of tradeable $RESOLV tokens and serve solely as a representation of such deposited assets within the Protocol. $stRESOLV can be transferred from the Digital Wallet to which it was issued.&#x20;

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The Staking Services also allow you to initiate a transaction from Your Digital Wallet to burn your $stRESOLV and receive $RESOLV in return following the expiration of a 14 day unbonding period.  You can also use other front end interfaces, or initiate a transaction directly from Your Digital Wallet, to do this.  The Protocol imposes a 14-day unbonding period during which you cannot restake your $RESOLV or vote your $stRESOLV.

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3\.     REWARDS

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Stakers have a time-weighted share in rewards attributable to each reward period in proportion to their holdings of $stRESOLV (including $stRESOLV that has been the subject of an unbonding transaction during the relevant epoch).  Note that rewards are not automatically distributed or staked.  The Staking Services allow you to initiate a transaction from Your Digital Wallet that holds $stRESOLV in order to claim your accrued rewards at any time after reward claiming functionality is enabled.  In order to stake Your rewards of $RESOLV tokens, you will need to initiate a transaction to stake those tokens.&#x20;

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4\.     GOVERNANCE

4.1 Upon initiation of governance, certain decisions related to the Protocol shall be determined by governance vote of $stRESOLV holders.

4.2 Governance matters shall include, without limitation:

(a) adjustments to key protocol metrics and parameters;

(b) approval of new protocol integrations, partnerships, and strategic initiatives;

(c) allocation of grants and incentive programs, including those supported by partner protocols;

(d) management and use of the protocol treasury, including potential token repurchases; and

(e) any other matters deemed material to the operation and long-term sustainability of the Protocol.

4.3 $stRESOLV holders may participate in governance votes that express the community’s position on matters associated with the operations of Resolv Digital Assets Ltd., the legal entity maintaining protocol assets and liabilities. Such votes are intended to guide the entity’s decision-making and align its operations with the governance outcomes of the Protocol, to the extent permissible under applicable laws and the company’s constitutional documents.

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5\.     DISCLAIMERS AND LIMITATION ON LIABILITY

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Your access to and use of the Staking Services are at Your own risk. You understand and agree that the Staking Services are provided to You on an “AS IS” and “AS AVAILABLE” basis. Without limiting the foregoing, to the maximum extent permitted under applicable law, Resolv Labs, its parents, affiliates, related companies, officers, directors, employees, agents, representatives, partners and licensors (the “Company Entities”) DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION ANY WARRANTIES RELATING TO TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, USAGE, QUALITY, PERFORMANCE, SUITABILITY OR FITNESS OF THE STAKING SERVICES FOR ANY PARTICULAR PURPOSE, OR AS TO THE ACCURACY, QUALITY, SEQUENCE, RELIABILITY, WORKMANSHIP OR TECHNICAL CODING THEREOF, OR THE ABSENCE OF ANY DEFECTS THEREIN WHETHER LATENT OR PATENT. The Company Entities make no warranty or representation and disclaim all responsibility and liability for: (a) the completeness, accuracy, availability, timeliness, security or reliability of the Staking Services; (b) any harm to Your computer system, loss of data, or other harm that results from Your access to or use of the Staking Services; (c) the operation or compatibility with any other application or any particular system or device, including any Wallets; (d) whether the Staking Services will meet Your requirements or be available on an uninterrupted, secure or error-free basis; and (e) whether the Staking Services will protect Your assets from theft, hacking, cyber attack, or other form of loss caused by third party conduct. The Staking Services are purely technological services, and nothing contained in the Staking Services constitutes, or is meant to constitute, a financial or investment product or investment, financial, legal or other professional advice of any kind. If You require advice in relation to any financial, legal or other professional matter You should consult an appropriate professional. No advice or information, whether oral or written, obtained from the Company Entities or through the Staking Services, will create any warranty or representation not expressly made herein.  THE LAWS OF CERTAIN JURISDICTIONS DO NOT ALLOW LIMITATIONS ON IMPLIED WARRANTIES OR THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES AS SET FORTH BELOW. IF THESE LAWS APPLY TO YOU, SOME OR ALL OF THE ABOVE DISCLAIMERS, EXCLUSIONS, OR LIMITATIONS MAY NOT APPLY TO YOU, AND YOU MAY HAVE ADDITIONAL RIGHTS.

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TO THE EXTENT NOT PROHIBITED BY LAW, YOU AGREE THAT IN NO EVENT WILL THE COMPANY ENTITIES BE LIABLE (A) FOR DAMAGES OF ANY KIND, INCLUDING INDIRECT SPECIAL, EXEMPLARY, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, LOSS OF USE, DATA OR PROFITS, BUSINESS INTERRUPTION OR ANY OTHER  DAMAGES OR LOSSES, ARISING OUT OF OR RELATED TO YOUR USE OR INABILITY TO USE THE STAKING SERVICES), HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY, WHETHER UNDER THESE TERMS OR OTHERWISE ARISING IN ANY WAY IN CONNECTION WITH THE STAKING SERVICES OR THESE STAKING TERMS AND WHETHER IN CONTRACT, STRICT LIABILITY OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) EVEN IF THE COMPANY ENTITIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE, OR (B) FOR ANY OTHER CLAIM, DEMAND OR DAMAGES WHATSOEVER RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR THE DELIVERY, USE OR PERFORMANCE OF THE STAKING SERVICES.  THE COMPANY ENTITIES’ TOTAL LIABILITY TO YOU FOR ANY DAMAGES FINALLY AWARDED SHALL NOT EXCEED THE GREATER OF ONE HUNDRED DOLLARS ($100.00), OR THE AMOUNT YOU PAID THE COMPANY ENTITIES, IF ANY, IN THE PAST SIX (6) MONTHS FOR THE STAKING SERVICES GIVING RISE TO THE CLAIM. THE FOREGOING LIMITATIONS WILL APPLY EVEN IF THE ABOVE STATED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

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6\.     ACKNOWLEDGEMENT; ASSUMPTION OF RISKS

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You acknowledge that Resolv Labs makes no representations and warranties regarding, nor is responsible for, the amount of staking rewards received by You from the Protocol as a result of the use of Staking Services.

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You will be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and assessments now or hereafter claimed or imposed by any governmental authority (collectively, the “Taxes”) associated with any staking rewards You may receive. You agree that You will pay or reimburse Us for all national, federal, state, local or other taxes and assessments of any jurisdiction, including value added taxes and taxes as required by international tax treaties, customs or other import or export taxes, and amounts levied in lieu thereof based on charges set, services performed or payments made hereunder, as are now or hereafter may be imposed under the authority of any national, state, local or any other taxing jurisdiction.

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We reserve the right to disable or modify access to the Staking Services (such as restricting features of the Staking Services) at any time for any reason, including if We reasonably believe any of Your representations and warranties may be untrue or inaccurate, and We will not be liable to You for any losses or damages You may suffer as a result of or in connection with the Staking Services being inaccessible to You at any time or for any reason.

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The Staking services may evolve, which means We may apply changes, replace, or discontinue (temporarily or permanently) the Staking Services at any time in Our sole discretion.

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YOU ACKNOWLEDGE THAT THERE ARE LEGAL REQUIREMENTS IN VARIOUS JURISDICTIONS WHICH MAY RESTRICT THE STAKING SERVICES THAT WE CAN LAWFULLY PROVIDE. ACCORDINGLY, STAKING SERVICES MAY NOT BE AVAILABLE OR MAY BE RESTRICTED IN CERTAIN JURISDICTIONS OR REGIONS OR TO CERTAIN USERS. YOU SHALL BE RESPONSIBLE FOR INFORMING YOURSELF ABOUT AND OBSERVING ANY RESTRICTIONS AND/OR REQUIREMENTS IMPOSED WITH RESPECT TO THE ACCESS TO AND USE OF THE STAKING SERVICES IN EACH JURISDICTION FROM WHICH YOU ACCESS THE STAKING SERVICES.

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WE RESERVE THE RIGHT TO CHANGE, MODIFY OR IMPOSE ADDITIONAL RESTRICTIONS WITH RESPECT TO THE ACCESS TO AND USE OF THE STAKING SERVICES FROM TIME TO TIME AT OUR SOLE DISCRETION AT ANY TIME WITHOUT PRIOR NOTIFICATION.

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7\.     INDEMNIFICATION

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In addition to Your indemnification obligations under the General Terms, You agree to indemnify, defend, and hold harmless Resolv Labs, its partners, agents, officers, directors, contractors, and employees from and against any losses, costs, expenses, claims, injuries or damages (including, without limitation, judicial, arbitrational, and attorneys’ fees and expenses) incurred due to or arising out of Your use of Staking services and any breach by You of any representation, warranty or provision of these Staking Terms.

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8\.     GENERAL PROVISIONS

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We reserve the right to alter, amend or modify these Staking Terms from time to time, in Our sole discretion, including without limitation in connection with technical developments or any change or improvement of the Staking Services. It is Your responsibility to review these Staking Terms from time to time. By continuing to use the Staking Services, You automatically agree and accept their provisions and give Your consent to be bound by them.

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Should any part or provision of these Staking Terms be held to be invalid by any competent court, governmental or administrative authority having jurisdiction, the other provisions of these Staking Terms shall nonetheless remain valid. The same shall apply if and to the extent that these Staking Terms are found to contain any gaps or omissions.

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These Staking Terms and the General Terms constitute the entire agreement between You and Us with respect to the subject matter hereof. These Staking Terms supersede any and all prior or contemporaneous written and oral agreements, communications, and other understandings relating to the subject matter of the Staking Terms.


# Privacy Policy

Last updated 15 August 2024

Thank you for visiting Resolv.xyz (the “Site“). The Site is owned and operated by Resolv Labs Ltd (“Resolv”, “we,” “our,” or “us”).

This privacy notice (“Privacy Statement”) sets out the basis on which any Personal Information we collect from you (“you”, “your”, or “customer”), or that you provide to us, will be processed by us. By “Personal Information”, we mean any information which, either alone or in combination with other data, enables you to be directly or indirectly identified, for example your name, email address, username, contact details or any unique identifier such as an IP address, device ID or other online identifier.

Capitalised terms that are not defined in this Privacy Statement shall have the meaning ascribed in our Terms of Service.

Please read the following carefully to understand what Personal Information we collect, how it is used and the ways it can be shared by us.

The data controller of your Personal Information is Resolv Labs Ltd, a company which is registered in the BVI under company number 2127832.

1              Our Processing of Your Personal Information

| **Purpose**                                                                                                                                                              | **Personal Information From You**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | **Personal Information From Devices**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | **Legal Basis**                              |
| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------- |
| Establish and maintain a commercial relationship with you (creation and management of your account with us, including dealing with your request to make account changes) | First name, last name, email address, username, password, country of residence, state/province, time zone                                                                                                                                                                                                                                                                                                                                                                                                               | Technical information, including the Internet Protocol (IP) address used to connect your computer or other device to the Internet, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform Information about your visit, including the dates and times you use the Site, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page, and any phone number used to call the contact phone number provided on our Site IP addresses, logs history | You are using us (Performance of a contract) |
| Understand your needs and eligibility for products and services                                                                                                          | Contact details                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                                              |
| Deliver our Services to you                                                                                                                                              | User name, email address, Digital Token wallet addresses, deposit and withdrawals, deposits addresses, balance history, bank statements, bank account numbers, personal information posted by user.                                                                                                                                                                                                                                                                                                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                                              |
| Inform you about trading and financing features, inform you on developments and products                                                                                 | Contact details                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                              |
| Process billing and collection of any fees                                                                                                                               | Contact details, email address, Digital Token wallet addresses, deposit and withdrawals, deposits addresses, balance history, bank statements, bank account numbers, personal information posted by user.                                                                                                                                                                                                                                                                                                               | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                              |
| Administer the website, system administration and detecting usage patterns (including broad demographic information for aggregated use)                                  | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | IP address, browser type, access times, URL requested and referral URL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | We think we can (legitimate interest)        |
| Detection for troubleshooting purposes                                                                                                                                   | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Technical information, including the Internet Protocol (IP) address used to connect your computer or other device to the Internet, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform Information about your visit, including the dates and times you use the Site, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page, and any phone number used to call the contact phone number provided on our Site                            |                                              |
| Comply with industry self-regulatory, audit and security requirements                                                                                                    | Username, email address, full name and contact details, 2 forms of ID, picture signature, skype pseudo and call, bank accounts numbers, proof of residence, utility bill, tax statement, service bill, employment status, employer name and address, certificate of incorporation, business registration, article of association, ownership and control structure, directors, authorised signatories, authorised signature list, board minutes, officer and director list, name of UBO, certificate of good standing.   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                                              |
| Protect the right, property, safety of us, our clients or others                                                                                                         | Any of the Personal Information in this table, talking into account necessity and data minimisation                                                                                                                                                                                                                                                                                                                                                                                                                     | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                              |
| Conduct surveys and get feedback from you                                                                                                                                | Contact details                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | N/A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                              |
| Provide you with news and other matters of general interest to you as a Resolv customer                                                                                  | Email address                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | IP address, other technical information through cookies and other tracking technologies                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | You agree to it (Consent)                    |
| Meet our legal and regulatory requirements, including checking your identity against money laundering and terrorist financing or answering your requests                 | Username, email address, full name and contact details, 2 forms of ID, picture, signature, skype pseudo and call, bank accounts numbers, proof of residence, utility bill, tax statement, service bill, employment status, employer name and address, certificate of incorporation, business registration, article of association, ownership and control structure, directors, authorised signatories, authorised signature list, board minutes, officer and director list, name of UBO, certificate of goods standing. | Technical information, including the Internet Protocol (IP) address used to connect your computer or other device to the Internet, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform Information about your visit, including the dates and times you use the Site, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page, and any phone number used to call the contact phone number provided on our Site                            | Compliance with a legal requirement          |

When we say that we think we can process your data, it is because we considered we have a legitimate interest (for ourselves or of a third party) to do so; it is in the interest of our organisation to conduct and manage our business; this includes protecting our interests and enforcing agreements with others, as well as comply with industry self-regulatory requirements. We might have legitimate interest to process Personal Information in other contexts. We ensure that we balance any potential impact on you and your rights before we process your Personal Information on that basis. You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us. Please also consult the section “Your rights” below.

It is important that the Personal Information We collect from You is accurate and current. Please keep us informed if your Personal Information changes during your relationship with us. You can do so by lodging a customer support ticket. We will endeavour to effect those changes within a reasonable timeframe.

If you do not wish for your Personal Information to be used in the ways described within this Privacy Statement then you should not use the Site or use the services, functions, or features offered from time to time on the Site (“Services”). Where we need information from you to offer our Services, failure to provide such information will mean that you will not get access to the Services.

2              Security and Confidentiality.

2.1          Resolv is committed to protecting your privacy. Internally, only people with a business need to know Personal Information, or whose duties reasonably require access to it, are granted access to customers’ Personal Information. Such individuals will only process your Personal Information on our instructions and are subject to a duty of confidentiality. We audit our personal compliance regularly.

2.2          The Site’s systems and data are reviewed periodically to ensure that you are getting a quality service and that leading security features are in place. We have put in place procedures to deal with any actual or suspected data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

2.3          Resolv takes all reasonable endeavours to protect and safeguard Personal Information, but there are protective measures you should take, as well. Do not share your Personal Information with others unless you clearly understand the purpose of their request for it and you know with whom you are dealing. Do not keep sensitive Personal Information in your e-mail inbox or on Webmail. If you are asked to assign passwords to connect you to your Personal Information, you should use a secure password and always use two-factor authentication (2FA), where available. You should change your password regularly.

3              What and with whom we share your Personal Information

As necessary, we will share your Personal Information with:

(a)           Any member of our group, which means our direct or indirect subsidiaries, our ultimate holding company and any other subsidiary of that holding company, including their respective shareholders, directors, officers, affiliates, employees, contractors, agents, partners, insurers, and attorneys or representatives.

(b)           Our service providers, to the extent necessary to supply the Services to you.

(c)           Selected third parties, including analytics and search engine providers that assist us in the improvement and optimisation of the Services.

(d)           Authorities and law enforcement agencies worldwide either when ordered to do so or on a voluntary basis if this appears reasonable and necessary to us (please refer to our Law Enforcement Requests Policy available here).

3.2          We also disclose your Personal Information to third parties:

(a)           If Resolv or substantially all of its assets are acquired by a third party, in which case Personal Information held by it about its customers will be one of the transferred assets.

(b)           If we are under a duty to disclose or share your Personal Information in order to comply with any legal obligation, or in order to enforce or apply our Terms of Service and other agreements; or to protect the rights, property, or safety of us, our clients, or others, including to defend ourselves from legal claims.

3.3          Resolv reserves the right to share current and historical bids, asks, and market prices; opening and closing range prices; high–low prices; trade prices; estimated and actual trade volumes; settlement prices; and other aggregate data and information related to the digital tokens traded on the Site.

3.4          You can find more information on the actual parties we are sharing your data with here. The list is updated regularly.

4              Transfers

4.1          Your Personal Information will be stored in the British Virgin Islands.

4.2          Personal Information and other data may therefore be exported outside of the jurisdiction in which you reside. Your Personal Information may be processed and stored in a foreign country or countries. Under those circumstances, the governments, courts, law enforcement, or regulatory agencies of that country or those countries may be able to obtain access to your Personal Information through foreign laws. You need to be aware that the privacy standards of those countries may be lower than those of the jurisdiction in which you reside.

5              Data Retention

We have data retention and deletion policies designed to retain Personal Information for no longer than necessary for the purposes set out herein or as otherwise required to meet legal or business needs. Because of those retention requirements, we might not be able to honour erasure requests.

6              Your rights

6.1          All Customers

You may access and verify your Personal Information held by Resolv by sending email to <contact@resolv.im>.

6.2          No fee usually required

You will not have to pay a fee to access your Personal Information or to exercise any of your other rights. We may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.

6.3          What we may need from you

We may need to request specific information from you to help us confirm your identity and ensure your right to access your Personal Information (or to exercise any of your other rights). This is a security measure to ensure that Personal Information is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

6.4          Time limit to respond

We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.

7              Changes to this Privacy Statement

Any changes we make to our Privacy Statement in the future will be posted on this page and, where material, notified to you by e-mail. Please check back frequently to see any updates or changes to our Privacy Statement.

8              Contact

8.1          Questions, comments and requests regarding this Privacy Statement should be addressed to our customer support service or by email to <contact@resolv.im>.

9              List of Third-Party Service Providers with whom Personal Information may be shared:

| **Party Name**                             | **Purpose**                                                                                                                                                                                                                                          | **Data Disclosed**                                                                                                                                          |
| ------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <p>Cloud providers            </p><p> </p> | For storage purposes.                                                                                                                                                                                                                                | User names, corporate documentation, dates of birth, identifying documentation, correspondence, transactional activity and analysis, financial information. |
| <p>Legal counsel  </p><p> </p>             | <p>As part of attorney-client relationships, legal counselling and litigations         </p><p> </p>                                                                                                                                                  | <p>Any relevant account information, as the case may be.</p><p> </p>                                                                                        |
| Know Your Customer Service Providers       | As part of the verification process, to check your name against WorldCheck’s database of politically exposed persons and heightened risk individuals and organizations, to help to identify and manage financial, regulatory and reputational risks. | Information necessary to conduct the search such as your name and date of birth.                                                                            |
| Provenance Ltd.                            | As part of their provision of money laundering reporting officers under the laws of the British Virgin Islands                                                                                                                                       | Any relevant account information, as the case may be.                                                                                                       |

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# Airdrop Terms

Effective Date: 8 May 2025\
Last Revised: 4 March 2026

Welcome to the Token Airdrop Terms (these “Airdrop Terms”) for the $RESOLV token (“Token”) airdrop (the “Airdrop”) by Resolv Foundation (“Organization”, “we” or “us”). These Airdrop Terms are supplemental to, and incorporate by reference, our general Terms of Service (“General Terms”) available at <https://docs.resolv.xyz/litepaper/resources/terms-of-service>. Capitalized terms used but not defined herein have the meaning set forth in the General Terms. The Airdrop, and your participation in it, is a Site Service as defined under the General Terms.

These Airdrop Terms govern your ability to use our Site Services in order to participate in the Airdrop. Please read these Airdrop Terms carefully, as they include important information about your legal rights. By participating in the Airdrop or claiming Tokens, you are agreeing to these Airdrop Terms. If you do not understand or agree to these Airdrop Terms, please do not participate in the Airdrop.

SECTION 8 OF THE GENERAL TERMS CONTAINS A JURY TRIAL WAIVER AND CLASS ACTION WAIVER. PLEASE REVIEW SUCH CLAUSES CAREFULLY, SINCE IT AFFECTS YOUR RIGHTS. BY AGREEING TO THESE AIRDROP TERMS, YOU AGREE TO WAIVE YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN CLASS ACTIONS, CLASS ARBITRATIONS OR REPRESENTATIVE ACTIONS, AS SET FORTH IN THE GENERAL TERMS.

1\.              You agree and acknowledge that you are solely responsible for complying with all applicable laws of the jurisdiction you reside in or where you are participating in the Airdrop.&#x20;

2\.              You represent and warrant that all information provided by you during the Airdrop process is true, accurate and complete.

3\.              The Airdrop will take place within one or more designated timeframes, as determined by us in our sole discretion and communicated on our website. If you fail to claim Tokens within the designated timeframe(s), you may not be eligible to participate in the Airdrop or claim Tokens otherwise.

4\.              Your eligibility to receive Tokens through the Airdrop is subject to our sole discretion, including, without limitation, the amount of Tokens to be distributed to you. Your participation in any points system released by us, our affiliates or any other third party from time to time does not entitle you to any Tokens or to participate in the Airdrop and therefore you have no contractual claim for any such Tokens. You agree not to access the Airdrop through more than one Digital Wallet or use any Digital Wallet on a one-time, “throwaway” basis, and the Organization reserves the right to not issue Tokens in the Airdrop to any Digital Wallet if it determines that such Digital Wallet is duplicative.&#x20;

5\.              You agree that there has been no prior public market for the Tokens before the Effective Date. If a public market does eventually exist in the future, you may not be able to freely sell your Tokens. If you can freely sell your Tokens in a public market at a future time, the depth and volume in that market may be insufficient for you to sell such Tokens.

6\.              You agree and acknowledge that you are not eligible to participate in the Airdrop if you are a resident of the United States or a Prohibited Person. You will not use a VPN or other tool to circumvent any geoblock or other restrictions that we may have implemented for Airdrop recipients. Any such circumvention, or attempted circumvention, may permanently disqualify you from participation in the Airdrop, as determined in our discretion. You represent that you are the legal owner of the Digital Wallet Address that you use to access or participate in the Airdrop and that you are not accessing the Airdrop on behalf of any third party.

7\.              To participate in the Airdrop, you will need to connect a compatible Digital Wallet. By using a Digital Wallet, you agree that you are using the Digital Wallet under the terms and conditions of the applicable third-party provider of such Digital Wallet. Digital Wallets are not maintained or supported by, or associated or affiliated with, the Organization. We accept no responsibility or liability to you in connection with your use of a Digital Wallet, and we make no representations or warranties regarding how the Site Services will operate with, or be compatible with, any specific Digital Wallet. The private keys necessary to access the assets held in a Digital Wallet are not held by the Organization. The Organization has no ability to help you access or recover your private keys and/or seed phrases for your Digital Wallet. You are solely responsible for maintaining the confidentiality of your private keys and you are responsible for any transactions signed with your private keys.

8\.              You agree and acknowledge that claiming Tokens through the Airdrop may require reliance on, or an integration with, third party products or services (e.g., a Digital Wallet or an unaffiliated network or blockchain) that we do not control. In the event that you are unable to access such products, services or integrations, or if they fail for any reason, and you are unable to participate in an Airdrop or claim Tokens as a result, you will have no recourse or claim against us or our affiliates and we and our affiliates will not bear any responsibility or liability to you.

9\.              You agree and acknowledge that if you are unable to claim an Airdrop due to technical bugs, smart contract issues, gas fees, Digital Wallet incompatibility, loss of access to a Digital Wallet or the keys thereto, or for any other reason, you will have no recourse or claim against us or our affiliates and that we and our affiliates will not bear any liability.&#x20;

10\.           You agree and acknowledge that you have the sole responsibility and liability for all taxes in connection with your participation in the Airdrop and your ownership and any eventual sale of Tokens, and you should consult a tax advisor. &#x20;

11\.           You agree and acknowledge that the regulatory regime governing blockchain technologies, cryptocurrencies and other digital assets is uncertain, that new regulations or policies may materially adversely affect the potential utility or value of such cryptocurrencies and digital assets, and that there are risks of new taxation related to the purchase or sale of cryptocurrencies and other digital assets.

12\.           You agree and acknowledge that the Tokens are not deposits of or guaranteed by a bank nor insured by any governmental agency, do not represent an ownership interest in the Organization or any other entity, and are provided on an on an “AS IS” basis. The Tokens are a means to participate in the Resolv Protocol, and should not be viewed as an investment or profit-making opportunity. THE ORGANIZATION MAKES NO REPRESENTATION, WARRANTY, GUARANTEE, OR UNDERTAKING WHATSOEVER WITH RESPECT TO THE TOKENS, INCLUDING (i) ANY WARRANTY OF MERCHANTABILITY; (ii) ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; (iii) ANY WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OF A THIRD PARTY; WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE OR OTHERWISE; (iv) WHETHER THE TOKENS WILL BE SUPPORTED BY ANY APPLICATION OR PROTOCOL. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, YOU ASSUME ALL RISKS AND LIABILITIES FOR THE RESULTS OBTAINED BY THE USE OF ANY TOKENS REGARDLESS OF ANY ORAL OR WRITTEN STATEMENTS MADE BY THE ORGANIZATION ENTITIES, BY WAY OF TECHNICAL ADVICE OR OTHERWISE, RELATED TO THE USE OF THE TOKENS.

These Airdrop Terms and the General Terms contain the entire agreement between you and the Organization regarding the Airdrop, and supersede all prior and contemporaneous understandings between the parties regarding the Airdrop. We may modify these Airdrop Terms from time to time in which case we will update the “Last Revised” date at the top of these Airdrop Terms. The updated Airdrop Terms will be effective as of the time of posting, or such later date as may be specified in the updated Airdrop Terms. Your continued access or participation in the Airdrop after the modifications have becomes effective will be deemed your acceptance of the modified Airdrop Terms.&#x20;