
Resolv wstUSR
WSTUSR#198$1.12000
▼ 0.02%
Market cap$324.85M
Volume (24h)$724.13K
FDV$324.85M
Circulating supply288.82M WSTUSR
Total supply288.82M WSTUSR
About Resolv wstUSR
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.
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