About Resolv Liquidity Provider Token
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;
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Market Stats
Market Cap
$21.31M
0.34%
FDV
Not enough data
Circ. Supply
30M RLP
Max Supply
Not enough data
Total Supply
30M RLP
Diluted Valuation
$21.31M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$420.18K
84.17%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.7215
Price Change (1Y)
Not enough data
39.07%
Additional details
Market details
RLP vs markets
↘ 29.58%
RLP vs BTC
↘ 23.48%
RLP vs ETH
↘ 40.92%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4956b52aE2fF65D74CA2d61207523288e4528f96 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.7095 | |
1 Day | $0.7116 | |
1 Week | $1.28 | |
1 Month | $1.28 | |
1 Year | $1.17 |