{"id":"fedor-chmilev","title":"Fedor Chmilev","content":"**Fedor Chmilev** is the co-founder of Resolv Labs and [Resolv USR](https://iq.wiki/wiki/resolv-usr), a [stablecoin](https://iq.wiki/wiki/stablecoin) protocol that utilizes delta-neutral hedging strategies to back its USR token. He is known for his work in developing [decentralized finance](https://iq.wiki/wiki/defi) solutions and [blockchain](https://iq.wiki/wiki/blockchain) technology applications. [[1]](#cite-id-prTPF66AQa) [[2]](#cite-id-hhRDmVOW8U) [[3] ](#cite-id-eiQbfJFuXh)[[4]](#cite-id-EODYwFnOfF)\n\n## Education\n\nFedor Chmilev attended the Moscow Power Engineering Institute (Technical University) from 2009 to 2015, where he completed his higher education. [[2]](#cite-id-hhRDmVOW8U) [[4]](#cite-id-EODYwFnOfF)\n\n## Career\n\nChmilev began his professional career working at Yandex, one of Russia's largest technology companies. He later joined EPAM Systems, where he worked on projects for Google, gaining valuable experience in large-scale technology implementations, which served as a basis for later work with [blockchain](https://iq.wiki/wiki/blockchain) technology.\n\nHis career path then led him to Revolut, a leading fintech company, where he further developed his expertise in financial technology solutions. This experience provided him with insights into both traditional finance and emerging financial technologies that would later inform his work in the [blockchain](https://iq.wiki/wiki/blockchain) space.\n\nBefore co-founding Resolv Labs, Chmilev worked at a stealth startup, where he likely continued to develop his skills in financial technology and [blockchain](https://iq.wiki/wiki/blockchain) applications.\n\nIn 2023, Chmilev co-founded Resolv Labs, establishing the company in the British Virgin Islands. The company has since developed a unique architecture for its [stablecoin](https://iq.wiki/wiki/stablecoin) protocol.\n\n### Resolv Labs Protocol\n\nUnder Chmilev's leadership, Resolv Labs has developed a protocol with two core pools:\n1. **Collateral Pool**: This main pool ensures the backing of the USR [stablecoin](https://iq.wiki/wiki/stablecoin) in a 1:1 ratio while offering crypto-native yield for USR stakers. It comprises stablecoins, USD-neutral assets (USCC tokens), and ETH inventory delegated by users via USR [staking](https://iq.wiki/wiki/staking).\n2. **Resolv Liquidity Pool**: This reserve pool is designed to absorb risks related to delta-hedging strategies, such as [CEX](https://iq.wiki/wiki/cex-centralized-exchange)/[DEX](https://iq.wiki/wiki/decentralized-exchange) exposure or funding rates volatility. Users can stake [stablecoins](https://iq.wiki/wiki/stablecoin) to mint a yield-bearing token RSV with higher yield compared to classic USR stablecoin staking.\n\nThe protocol has undergone multiple security audits, including reviews by MixBytes, Pessimistic, and Pashov Audit Group, demonstrating a commitment to security and reliability.\n\nChmilev and his team have designed RESOLV as the [governance token](https://iq.wiki/wiki/governance-tokens) for the platform. According to the project documentation, this token will be used for community voting, incentivizing campaigns, and funding bug bounty programs and other community-sourced protocol support.\n\nThe platform has been running a points farming campaign, suggesting a potential RESOLV [airdrop](https://iq.wiki/wiki/airdrop) in the future. Additionally, an upcoming token sale has appeared on Legion Launchpad, indicating the token's imminent release and [Initial Coin Offering](https://iq.wiki/wiki/initial-coin-offering) (ICO).\n\nChmilev has demonstrated a commitment to security in [blockchain](https://iq.wiki/wiki/blockchain) applications. Resolv Labs has partnered with Hypernative for proactive security measures, showing an emphasis on protecting user assets and maintaining protocol integrity. [[1]](#cite-id-prTPF66AQa) [[2]](#cite-id-hhRDmVOW8U) [[3]](#cite-id-eiQbfJFuXh) [[4]](#cite-id-EODYwFnOfF) [[5]](#cite-id-IMbnEJRKM9) [[6]](#cite-id-jggKBao2ib) [[7]](#cite-id-Et0CFb3ygg)","summary":"Fedor Chmilev is the co-founder of ResolvLabs and Resolv USR, known for his work in blockchain and stablecoin development.","images":[{"id":"QmQK427FV8txM48JX7eNY8GoEvitfUKBRcHkcZhmANJ2am","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"people"}],"tags":[{"id":"Founders"},{"id":"Developers"}],"media":[{"id":"QmWToSLfnG6atH6WgXGEpHHxJGJddLSQuKpjPrLLoEEe8u","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmUQdxn24kVvF5TWuPUZDxhhAU4mhGT5VKFdZvQj7rFAyX","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmeXVURUeyGjiE3yxZ6uNTCsG7sfQoaBcvcRTbaxuGynew","type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"prTPF66AQa\",\"url\":\"https://coinlaunch.space/projects/resolv-labs/\",\"description\":\"Project overview\",\"timestamp\":1743739047123},{\"id\":\"hhRDmVOW8U\",\"url\":\"https://rocketreach.co/fedor-chmilev-email\\\\_77005453\",\"description\":\"Educational background\",\"timestamp\":1743739047123},{\"id\":\"eiQbfJFuXh\",\"url\":\"https://www.hypernative.io/blog/resolv-activates-proactive-security-with-hypernative\",\"description\":\"Security partnership\",\"timestamp\":1743739047123},{\"id\":\"EODYwFnOfF\",\"description\":\"LinkedIn: Fedor\",\"timestamp\":1743739655870,\"url\":\"https://www.linkedin.com/in/chmilevfa\"},{\"id\":\"IMbnEJRKM9\",\"description\":\"Twitter: Chmilev\",\"timestamp\":1743739732506,\"url\":\"https://x.com/chmilevfa\"},{\"id\":\"jggKBao2ib\",\"description\":\"Pitchbook: Fedor Chmilev General Information\\n\",\"timestamp\":1743739759736,\"url\":\"https://pitchbook.com/profiles/person/396966-25P\"},{\"id\":\"Et0CFb3ygg\",\"description\":\"Rootdata: Fedor Chmilev\",\"timestamp\":1743739785338,\"url\":\"https://www.rootdata.com/zh/member/Fedor%20Chmilevfa?k=MTg3NDU%3D\"}]"},{"id":"twitter_profile","value":"https://x.com/chmilevfa"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/chmilevfa"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmXH7pwSKBm1pTiT1MKrGT5QwHsP617tgfraAj956ZYb67\""},{"id":"commit-message","value":"\"Republishing the wiki for Fedor Chmilev with updated content and media.\""},{"id":"previous_cid","value":"QmXH7pwSKBm1pTiT1MKrGT5QwHsP617tgfraAj956ZYb67"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}