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usr $0.9989440

Created 2 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Updated 2 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Official links

Category

Stablecoins
Ethereum Ecosystem

Market-cap$13,233,830

Volume$542,659

USR | Resolv USR Crypto Research

Private Research

Live price

$0.9989440

Market Cap

$13,233,830

All-time low

$0.9798770

All-time high

$1.02

Volume (24h)

$542,659

Total supply

13,223,868.00

Circulating supply

13,223,868.00

🌟A New Frontier Awaits!🌟

You've found a project where contributions are yet to be made. Your insights can lead the way!

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.