Resolv wstUSR WSTUSR
WSTUSR
1.042
$
0.00 %
Change 24h
Market Cap
$ 184,744,046
Volume 24h
$ 162.11
Circulating Supply
173,441,705
Total Supply
944,852
WSTUSR
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
What is Resolv?
Resolv is a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and pegged to US Dollar.
The protocol's main features include:
Issuance and redemption of USR against other tokens;
Maintaining sufficent backing by ETH at all times. This is achieved by hedging ETH price with short perpetual futures positions;
Maintaining RLP (Resolv Liquidity Pool), a liquid insurance pool designed to keep USR overcollateralized.
Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on 1:1 basis.