Resolv wstUSR wallet

What is Resolv wstUSR (WSTUSR)?

Resolv runs three tokens that people mix up constantly, and wstUSR is the third one. USR is the dollar-pegged token, backed by ETH whose price exposure is hedged with short perpetual futures positions, with RLP sitting underneath as a separate pool absorbing the swings so USR stays overcollateralized. stUSR is USR in its staked form, where the balance itself changes. wstUSR is that same staked position wrapped so the balance does not change.

That wrapping is the whole point of this token. A fixed balance with a rising exchange rate against USR is what lending markets, bridges and pool contracts can handle cleanly, which is why wstUSR, not stUSR, is what turns up across other chains. Read it as a dollar token and you will misread it: one wstUSR is worth more than one USR and that gap widens, so comparing the balance against a dollar figure tells you nothing useful.

Getting back to a dollar amount is a two-step path - unwrap to USR, then redeem or swap USR - and each step is a contract call on the chain the token is sitting on, paid for in that chain's gas coin.

Supported networks in Tangem (6): Arbitrum One, Base, Ethereum, BNB Smart Chain, HyperEVM, Plasma. The ratio moves whether or not anything is open on your phone, because it is computed on-chain and the wallet simply displays what is there; no periodic action keeps the position current. The only signatures this token ever asks for are the ones you decide to make, which makes the cost of keeping it on a card that lives offline close to nothing.