Resolv USR USR
USR
0.09559
$
3.89 %
Change 24h
Market Cap
$ 773,422
Volume 24h
$ 118.55
Circulating Supply
8,091,356
Total Supply
8,089,285
USR
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
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.