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.
Resolv USR Price Analysis
As of January 15 2025 Resolv USR has a marketcap of $506M.
This is {{percentagefromath}} from its all time high of $1.021.
In terms of its tokenomics, there's a total supply of 505M with 100% currently outstanding.
Keep in mind Resolv USR has a fully diluted value of $506M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude