USR/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;
Score | 30 |
|---|---|
24h Vol | $8.63 |
Liquidity | $473.94 |
Holders | 56.5K |
Audits | |
Age | 1 year |
FDV | $2K |
Market Cap | $65.2K |
| Addresses | |
|---|---|
| Pool | |
| USR |  |
| RLP | |
RLP to USR Converter
Score | 30 |
|---|---|
24h Vol | $8.63 |
Liquidity | $473.94 |
Holders | 56.5K |
Audits | |
Age | 1 year |
FDV | $2K |
Market Cap | $65.2K |
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;
USR/RLP Price Stats
The current price of RLP (USR/RLP) on Aerodrome SlipStream is $0.04091, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $8.6261 with a total of 3 transactions. USR/RLP contract address is 0xf4d5f114d029657bd55511b359d2a0ad73620d17, with a Fully Diluted Valuation (FDV) of $70,756.57 and a liquidity pool of $473.94.
