CryptoCurrencies
18731
Exchanges
500
Total Market Cap
4,395,755,261,282
Volume 24h
279,557,342,692
Dominance
BTC 52.62%   ETH 12.97%   XRP 4.31%   USDT 3.87%

Resolv USR
USR

0.9997
$
0.01 %
Change 24h
Market Cap
$ 330,020,120
Volume 24h
$ 1,971,077
Circulating Supply
330,112,946
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.