CryptoCurrencies
18773
Exchanges
500
Total Market Cap
4,300,497,216,390
Volume 24h
269,700,062,693
Dominance
BTC 53.45%   ETH 12.70%   XRP 4.14%   USDT 3.96%

Resolv USR
USR

0.9998
$
0.04 %
Change 24h
Market Cap
$ 326,141,215
Volume 24h
$ 2,795,972
Circulating Supply
326,192,415
Total Supply
9,415,930
USR
$
# Exchange Pair Price Volume 24h

Description

Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.