CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,271,924,267,049
Volume 24h
182,789,896,596
Dominance
BTC 53.57%   ETH 13.50%   XRP 4.25%   USDT 3.91%

Resolv USR
USR

0.9998
$
0.01 %
Change 24h
Market Cap
$ 314,512,805
Volume 24h
$ 3,201,311
Circulating Supply
314,585,507
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.