CryptoCurrencies
16964
Exchanges
500
Total Market Cap
2,811,681,844,044
Volume 24h
76,583,091,655
Dominance
BTC 59.67%   ETH 6.78%   USDT 5.14%   XRP 4.27%

Resolv USR
USR

0.9998
$
0.01 %
Change 24h
Market Cap
$ 361,613,844
Volume 24h
$ 1,159,479
Circulating Supply
361,702,436
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.