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Resolv protocol initiates a fee mechanism, with daily profits used for long-term value creation.
The Resolv protocol recently announced the launch of a fee mechanism, which will be implemented starting this month. This mechanism will allocate a portion of the daily profits for long-term value creation while rewarding RESOLV Token stakers.
The fee will adopt a progressive growth model. In the first week, 2.5% of daily profits will be charged, in the second week it will rise to 5.0%, in the third week it will be 7.5%, and in the fourth week and thereafter it will stabilize at 10.0%. It is worth noting that protocol fees are only charged when positive returns are generated; if the returns are zero or there are losses, no fees will be charged.
This revenue will be used in multiple areas to enhance the value provided by Resolv to users and stakers. Specifically, it includes: supporting new integrations in DeFi, fintech, and institutional sectors; providing grants to the ecosystem and funding product development; promoting token buybacks and other token alignment programs.
Resolv also plans to launch a dedicated transparent dashboard in the future, allowing users to track income and its usage in real-time, ensuring transparency and accountability in the use of funds.
This initiative demonstrates Resolv's long-term consideration of sustainable development and user value creation, which is expected to further enhance its competitiveness in the cryptocurrency ecosystem.