Resolv Unveils Season 3 DeFi Points Program with Innovative 'Clusters' Model

Decentralized finance (DeFi) protocol Resolv has officially launched Season 3 of its Points Program, introducing an innovative 'Clusters' system designed to distribute partner DeFi protocol revenues directly to $RESOLV stakers. The program commenced on September 9 and reflects Resolv's commitment to driving growth and maximizing returns for its user base.

Season 2 seamlessly concluded in the early hours of September 9 (KST), with all user activities and balances automatically carried over to Season 3. No manual actions were required from participants, ensuring a smooth transition to the new structure.

What Defines Season 3? Introducing 'Clusters' and Reward Sharing

Season 3 of Resolv’s Points Program is distinguished by the introduction of the 'Cluster' mechanism and an enhanced 'Liquidity Partner Rewards' framework. This innovative system expands beyond conventional static assets such as Ethereum (ETH), Bitcoin (BTC), and USD Coin (USDC), incorporating a broader spectrum of productive DeFi assets.

Core Assets in 'Clusters':

Lending positions
Liquidity provider (LP) tokens
Tokenized hedge funds
Real-world assets (RWA)

Through Clusters, Resolv allocates liquidity to other DeFi protocols, generating partner rewards that are distributed directly to $RESOLV stakers. This positions $RESOLV staking as a dual benefit system, enabling users to capitalize on internal protocol revenues and rewards derived from external DeFi collaborations.

The first confirmed Cluster partner is the liquidity protocol, Fluid. Resolv’s collaboration with Fluid aims to enhance the latter's total value locked (TVL) while channeling Fluid’s yield to $RESOLV stakers. According to a Resolv representative, this partnership underscores Resolv’s objective of creating a "virtuous cycle," where users attain higher yields and partner protocols achieve increased liquidity:

“This creates a virtuous cycle wherein users benefit from higher yields and partners achieve increased total value locked (TVL).”

Program Details and Updates

Season 3 Timeline:

Start Date: September 9
End Date: December 9 (three months)

Reward Allocation:

Supply Distribution: 3% of the total token supply has been designated for rewards during this period.

Points System Revisions:

The updated point system introduces changes aimed at aligning rewards with contributions to key activities:

Depositing USR on Pendle and Spectra: Increased from 45 to 60 points
Depositing wstUSR on Pendle: Increased from 15 to 20 points
wstUSR-Stablecoin Pool activity: Decreased from 30 to 20 points

Notably, staking boosts for stRESOLV remain intact, further incentivizing active staking. However, loyalty rewards, including benefits for prior participation (such as Season 1 or Believer status), have been discontinued. This shift focuses reward mechanisms solely on contributions to the current ecosystem.

Claim Schedule for Season 2 Airdrop

Season 2 concluded on September 8, with the airdrop claims for the accrued points slated to begin on September 19 and extend through October 19. The rewards will be distributed in the form of stRESOLV—the liquid staking token integral to Resolv’s ecosystem. stRESOLV not only captures value but also plays a key role in boosting mechanisms within the platform.

Vesting Details for High-Volume Wallets:

Large-volume wallet holders will be subject to vesting conditions, with specific terms scheduled for release at the onset of the claim process.

By transitioning to the innovative 'Cluster' model and introducing aligned incentives for active contributions, Resolv continues to cement itself as a leader in decentralized finance.

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