Resolv wstUSR WSTUSR
WSTUSR
0.9469
$
0.00 %
Change 24h
Market Cap
$ 74,837,373
Volume 24h
$ 594.20
Circulating Supply
94,929,839
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.