Resolv USR

usr

$1.00+ 0.10%24h

Market Cap (USD)

$359,894,307.00

Circulating Supply

360,143,709.098

Homepage

https://www.resolv.xyz/

About Resolv USR

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.