Resolv wstUSR Price (wstusr/CAD)
Resolv wstUSR
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Resolv wstUSR market data
Trading Volume
24h
Circulating Supply
206,133,241.6917993
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
206,133,241.6917993
BID
N/A
ASK
N/A
What Is Resolv wstUSR (WSTUSR)?
What is Resolv? Resolv is a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and pegged to US Dollar.
The protocol's main features include:
Issuance and redemption of USR against other tokens;
Maintaining sufficent backing by ETH at all times. This is achieved by hedging ETH price with short perpetual futures positions;
Maintaining RLP (Resolv Liquidity Pool), a liquid insurance pool designed to keep USR overcollateralized.
Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on 1:1 basis.
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