RLP/USDC
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 | 23 |
|---|---|
24h Vol | $7.49 |
Liquidity | $3.2K |
Holders | 3.6K |
Audits | |
Age | 2 years |
FDV | $242.7K |
Market Cap | $242.7K |
| Addresses | |
|---|---|
| Pool | |
| RLP |  |
| USDC | |
RLP to USDC Converter
Score | 23 |
|---|---|
24h Vol | $7.49 |
Liquidity | $3.2K |
Holders | 3.6K |
Audits | |
Age | 2 years |
FDV | $242.7K |
Market Cap | $242.7K |
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/USDC Price Stats
The current price of RLP (RLP/USDC) on Curve is $0.1502, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $7.4922 with a total of 1 transactions. RLP/USDC contract address is 0x8e001d4bac0eae1eea348dfc22f9b8bda67dd211, with a Fully Diluted Valuation (FDV) of $242.69K and a liquidity pool of $3,183.45.
