According to breaking news, Resolv (RESOLV), which is also listed on Binance, activated its fee switch mechanism. Following this development, the
In the new system, the protocol will only charge commissions on days when profits are made; there will be no deductions on days when losses or zero returns occur.
The new fee structure will come into effect as follows:
The collected protocol fees will be used to support DeFi, fintech, and enterprise integrations, ecosystem grants and product development, and token-focused initiatives like the RESOLV token buyback. Users will be able to monitor how these revenues are being spent in real time through a transparency dashboard that will be launched soon.
Resolv claims it can generate $50 million in annual revenue with a $500 million total asset locked (TVL) and a 10% annualized return (APR). Under the new model, $45 million of this would go directly to users, while $5 million would be retained within the protocol.
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