CryptoCurrencies
900
 Total Market Cap
8,071,130,880
 Volume 24h
1,621,593,077
 Dominance
METH 15.84%   TIA 15.44%   WLD 14.38%   EIGEN 7.39%

Resolv USR
USR

0.9975
$
0.27 %
Change 24h
Market Cap
$ 10,173,200
Volume 24h
$ 41,214
Circulating Supply
10,182,200
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.