What is Resolv wstUSR (WSTUSR)?
What is Resolv? Resolv is a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and pegged to US Dollar. The protocol's main features include: Issuance and redemption of USR against other tokens; Maintaining sufficent backing by ETH at all times. This is achieved by hedging ETH price with short perpetual futures positions; Maintaining RLP (Resolv Liquidity Pool), a liquid insurance pool designed to keep USR overcollateralized. Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on 1:1 basis.
Where can you buy Resolv wstUSR?
Resolv wstUSR (WSTUSR) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WSTUSR sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for WSTUSR. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.