Resolv USR (USR)$1.00
0.02% (24H)
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Resolv USR current price is $1.00 with a marketcap of $178.39 M. Its price is 0.02% up in last 24 hours.
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.
