Resolv USR USR
USR
0.1475
$
3.41 %
Change 24h
Market Cap
$ 1,665,967
Volume 24h
$ 349.98
Circulating Supply
11,292,482
Total Supply
49,776,912
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.