coinRLP #366

Resolv RLP

1.20USD-0.00%-0.00%As of: Jul 04, 13:33 UTC

Key Statistics

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Resolv RLP Converter

RLP
=
USD

About Resolv 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;
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Price Performance

1D
-0.00%
7D
0.14%
30D
0.48%
YTD
5.54%
1Y
N/A
N/A
Key Statistics
24H Range
Low$1.18High$1.20
24h Volume
493.6K
Market Cap
131.6M
Circulating Supply
109.6M
Total Supply
109.6M
Rank
366
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
1.2K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.00
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