RLP/mcUSR
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 | 16 |
|---|---|
24h Vol | $0 |
Liquidity | $1.24 |
Holders | N/A |
Audits | |
Age | 7 months |
FDV | $11.8K |
Market Cap | $38.2M |
RLP to mcUSR Converter
Score | 16 |
|---|---|
24h Vol | $0 |
Liquidity | $1.24 |
Holders | N/A |
Audits | |
Age | 7 months |
FDV | $11.8K |
Market Cap | $38.2M |
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/mcUSR Price Stats
The current price of RLP (RLP/mcUSR) on Balancer V3 (HyperEVM) is $1.2719, 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/mcUSR contract address is 0x2cec78ae807f7d64280e74032b259d3460c99c61, with a Fully Diluted Valuation (FDV) of $11,793.78 and a liquidity pool of $1.2411.
