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.