Resolv Liquidity Provider Token (RLP) is currently priced at $0.40 USD. The price has decreased 0.11% in the last 24 hours. It has a market capitalization of $11,973,349.79. Fully diluted valuation: $11,973,349.79. Circulating supply is 29,999,625.414 RLP. Total supply is 29,999,625.414 RLP.
$0.40
Stats
1 Day
−0.11%
1 Month
−0.4%
3 Months
−0.69%
1 Year
−0.66%
1 Day
1 Month
3 Months
1 Year
−0.11%
−0.4%
−0.69%
−0.66%
Market Cap
$12M
Fully Diluted
$12M
Market Cap
Fully Diluted
$12M
$12M
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;
