CryptoCurrencies
17180
Exchanges
500
Total Market Cap
3,465,204,983,188
Volume 24h
132,718,510,423
Dominance
BTC 60.27%   ETH 8.82%   USDT 4.49%   XRP 3.69%

Resolv wstUSR
WSTUSR

1.059
$
75.91 %
Change 24h
Market Cap
$ 104,164,938
Volume 24h
$ 78.96
Circulating Supply
98,345,292
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.