CryptoCurrencies
18562
Exchanges
500
Total Market Cap
4,150,800,857,121
Volume 24h
213,976,641,659
Dominance
BTC 53.67%   ETH 12.99%   XRP 4.08%   USDT 4.05%

Resolv wstUSR
WSTUSR

1.110
$
0.04 %
Change 24h
Market Cap
$ 239,350,720
Volume 24h
$ 7,965,049
Circulating Supply
216,393,046
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.