CryptoCurrencies
17851
Exchanges
500
Total Market Cap
3,960,943,240,906
Volume 24h
289,525,625,761
Dominance
BTC 57.50%   ETH 11.00%   XRP 4.36%   USDT 4.13%

Resolv USR
USR

0.9997
$
0.02 %
Change 24h
Market Cap
$ 278,375,835
Volume 24h
$ 4,471,048
Circulating Supply
278,476,754
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.