RLP/USDT
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. RLP: ETH portfolio backs USR with a more than 100% ratio. Excess part of collateral acts as a backing for RLP - Resolv Liquidity Pool. Key features of RLP: RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the collateral pool. RLP has a price, representing value of ETH backing a single unit of RLP token; RLP price can vary. Collateral required for minting or redemption is based on the latest price;
Score | 26 |
|---|---|
24h Vol | $0 |
Liquidity | $287.87 |
Holders | 130 |
Audits | |
Age | 4 months |
FDV | $1.4M |
Market Cap | $55M |
| Addresses | |
|---|---|
| Pool | |
| RLP |  |
| USDT | |
RLP to USDT Converter
Score | 26 |
|---|---|
24h Vol | $0 |
Liquidity | $287.87 |
Holders | 130 |
Audits | |
Age | 4 months |
FDV | $1.4M |
Market Cap | $55M |
About Resolv Liquidity Provider Token (RLP)
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. RLP: ETH portfolio backs USR with a more than 100% ratio. Excess part of collateral acts as a backing for RLP - Resolv Liquidity Pool. Key features of RLP: RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the collateral pool. RLP has a price, representing value of ETH backing a single unit of RLP token; RLP price can vary. Collateral required for minting or redemption is based on the latest price;
RLP/USDT Price Stats
The current price of RLP (RLP/USDT) on Uniswap V4 (Arbitrum) is $1.8343, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. RLP/USDT contract address is 0xd5720c00e7e73445e8a6817ee7847acf3f666ff26efc716fe9b798da0594e599, with a Fully Diluted Valuation (FDV) of $1.42M and a liquidity pool of $287.87.
