• Coins 17 080
  • Exchanges 1 298
  • Market Capitalization $2 622 527 437 095
  • 24h Trading Volume $119 128 934 332
  • Dominance BTC 60.26% ETH 7.02%

Resolv wstUSR (wstusr) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
608
WSTUSR
Resolv wstUSR logo Resolv wstUSR WSTUSR
$ 1.03 0.00% 36 857 078 36 858 021 AI Insight

Resolv wstUSR (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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