Resolv API
Resolv integration.
Resolv is a protocol that maintains USR, a stablecoin fully backed by ETH and BTC and pegged to the US Dollar. The stablecoin’s delta-neutral design ensures price stability, and is backed by an innovative insurance pool (RLP) to provide additional security and overcollateralisation.
The wstUSR (Wrapped stUSR) vault is an ERC-4626 compliant wrapper around the rebasing stUSR (staked USR) token. stUSR is a yield-bearing token that automatically compounds returns generated from the basis trade. wstUSR provides a non-rebasing representation of stUSR, making it suitable for DeFi integrations that don’t support rebasing tokens.
Key features:
ERC-4626 wrapper around rebasing stUSR token
No deposit/withdrawal fees at the smart contract level
Yield accrues through the underlying stUSR rebasing mechanism
Instant deposits and withdrawals
Resolv protocol vault support. |