CryptoCurrencies
19399
Exchanges
500
Total Market Cap
3,969,698,621,994
Volume 24h
296,325,274,583
Dominance
BTC 54.99%   ETH 11.73%   USDT 4.62%   XRP 3.80%

Resolv wstUSR
WSTUSR

1.120
$
0.02 %
Change 24h
Market Cap
$ 230,101,400
Volume 24h
$ 2,593,585
Circulating Supply
206,187,939
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.