CryptoCurrencies
1000
 Total Market Cap
12,967,060,532
 Volume 24h
1,878,985,059
 Dominance
PI 34.65%   TIA 13.06%   WLD 8.62%   METH 5.44%

Resolv USR
USR

0.9995
$
0.01 %
Change 24h
Market Cap
$ 360,286,000
Volume 24h
$ 8,131,480
Circulating Supply
360,466,000
Total Supply
9,410,180
USR
$
Description
Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.