Resolv wstUSR (WSTUSR) Price and Market Data
Explore real-time Resolv wstUSR (WSTUSR) price information, market cap, trading volume, and price changes. View the live price chart, read our in-depth analysis, and stay updated with the latest Resolv wstUSR news and market trends.
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.