CryptoCurrencies
17170
Exchanges
498
Total Market Cap
2,884,017,442,213
Volume 24h
86,040,437,533
Dominance
BTC 57.26%   ETH 8.82%   USDT 4.95%   XRP 4.42%

Resolv 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.