CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,414,283,050,531
Volume 24h
218,229,818,290
Dominance
BTC 60.18%   ETH 8.83%   USDT 4.48%   XRP 3.63%

Resolv USR
USR

0.9984
$
0.16 %
Change 24h
Market Cap
$ 236,730,464
Volume 24h
$ 15,962,658
Circulating Supply
236,872,052
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.