Resolv wstUSR
WSTUSR#0
$0.130
24H +1.3%7D +10.1%30D -38.2%
BLOCKINSIDERLoading1M price · Live market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Curve (Ethereum) | 0X1202F5C7B4B9E47A1A484E8B270BE34DBBC75055/0X4956B52AE2FF65D74CA2D61207523288E4528F96 | $7.53 | 0.75% | TRADE |
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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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