CryptoCurrencies
19127
Exchanges
500
Total Market Cap
4,475,870,698,944
Volume 24h
326,905,494,505
Dominance
BTC 54.28%   ETH 11.96%   USDT 3.98%   BNB 3.95%

Resolv wstUSR
WSTUSR

1.110
$
0.03 %
Change 24h
Market Cap
$ 230,021,872
Volume 24h
$ 5,806,109
Circulating Supply
206,606,883
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.