CryptoCurrencies
1000
 Total Market Cap
3,034,485,889,461
 Volume 24h
237,000,137,982
 Dominance
BTC 65.41%   ETH 11.27%   XRP 5.10%   USDT 4.63%

Resolv wstUSR
WSTUSR

1.053
$
0.41 %
Change 24h
Market Cap
$ 282,253,000
Volume 24h
$ 1550.3
Circulating Supply
268,126,000
Total Supply
254,041,000
WSTUSR
$
Description
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.