• Coins 17 046
  • Exchanges 1 272
  • Market Capitalization $3 449 246 364 600
  • 24h Trading Volume $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

Resolv wstUSR (wstusr) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
314
WSTUSR
Resolv wstUSR logo Resolv wstUSR WSTUSR
$ 1.12 -0.14% 142 507 385 142 506 451 X-Ray

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.