Resolv wstUSR 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 |
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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.