Resolv Labs is focused on developing a delta-neutral stablecoin called USR, designed to maintain price stability in the often volatile cryptocurrency market. Backed by Ethereum (ETH), USR utilizes a combination of on-chain assets and hedging strategies involving derivatives to mitigate risks associated with price fluctuations. This structure allows users to engage with digital assets without the typical concerns of volatility, making $USR a viable option for transactions and as a store of value.
The Resolv Liquidity Pool (RLP) is a key component of the Resolv ecosystem, serving as an insurance layer for $USR. RLP absorbs market risks and ensures $USR maintains its peg even in adverse conditions. It's backed by excess collateral from the ETH portfolio that maintains over 100% backing for $USR. RLP holders receive delta-neutral yield with self-balancing leverage, where a thinner RLP layer leads to higher leverage and potentially higher returns. The value of RLP tokens fluctuates based on the protocol's profit and loss, providing a higher-risk, higher-reward option for investors.
We're seeking a strong Frontend Engineer to help build Resolv's core infrastructure and products. You'll be instrumental in developing the systems that power our delta-neutral stablecoin and liquidity pool. This role requires a blend of financial, blockchain and technical expertise, as you'll translate complex financial models and blockchain integrations into seamless user experiences.
At Resolv, we believe in building robust, scalable systems that bridge traditional finance with decentralized technologies. We prioritize security and reliability, recognizing that we're dealing with financial assets and user trust. Our approach combines proven practices from traditional financial systems with innovative solutions from the blockchain space.
We emphasize clean, easy to understand code that can be easily maintained by the team. Our goal is to create a foundation that leverages the best of both worlds - proven practices from traditional financial systems, and the flexibility and innovation of decentralized systems.