Resolv wstUSR (WSTUSR)$1.12
-0.05% (24H)
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Resolv wstUSR current price is $1.12 with a marketcap of $159.48 M. Its price is -0.05% down in last 24 hours.
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.
