CryptoCurrencies
16970
Exchanges
500
Total Market Cap
3,442,237,924,694
Volume 24h
371,346,968,918
Dominance
BTC 59.43%   ETH 8.20%   USDT 4.35%   XRP 4.06%

Resolv USR
USR

1.0000
$
0.04 %
Change 24h
Market Cap
$ 286,828,870
Volume 24h
$ 8,584,065
Circulating Supply
286,842,947
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.