CryptoCurrencies
18832
Exchanges
500
Total Market Cap
4,412,139,721,790
Volume 24h
301,007,904,165
Dominance
BTC 52.98%   ETH 12.59%   XRP 4.17%   USDT 3.88%

Resolv wstUSR
WSTUSR

1.110
$
0.05 %
Change 24h
Market Cap
$ 251,613,334
Volume 24h
$ 719,114
Circulating Supply
227,037,359
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.