CryptoCurrencies
16981
Exchanges
500
Total Market Cap
3,449,170,164,089
Volume 24h
276,494,377,101
Dominance
BTC 59.41%   ETH 8.16%   USDT 4.34%   XRP 4.01%

Resolv wstUSR
WSTUSR

1.075
$
0.00 %
Change 24h
Market Cap
$ 40,712,844
Volume 24h
$ 7.990
Circulating Supply
49,021,807
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.