Resolv USR USR
USR
?
$
%
Change 24h
Market Cap
$ ?
Volume 24h
$ ?
Circulating Supply
8082925
Total Supply
8,082,925
USR
$
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.