Reserve Rights image
86,335 users added to their watchlist

Reserve Rights Trending Power, Community Score, Developer Score

Summary

RESERVE RIGHTS Price
$0.01691511
24 hours
+0.90%
7 days
+7.79%
Sentiment
81.82%
18.18%
Market Cap
$910M
Market Category
Community Score
Developer Score
VMR Score
% gains (ATH)
Social Links

**Discover Reserve Rights (RSR): Your Gateway to a Decentralized Stablecoin Solution** Reserve Rights (RSR) is an innovative ERC-20 token integral to the Reserve Protocol, designed to empower users through two primary functions: offering overcollateralization for Reserve stablecoins (RTokens) and enabling a democratic governance system. Launched in May 2019 via a successful initial exchange offering (IEO) on Huobi Prime, RSR is well-positioned to be a cornerstone in the evolving landscape of decentralized finance. **Why Choose Reserve Rights (RSR)?** 1. **Governance Power**: As the governance token for RTokens, RSR allows holders to propose and vote on crucial changes, ensuring a community-driven approach to development and management. 2. **Staking Benefits**: RSR holders can stake their tokens on various RTokens, providing necessary collateral that acts as a backstop for RToken investors. Stakers benefit from potential revenue-sharing in return, with higher annual percentage yields (APYs) linked to the market cap of the RTokens staked. This unique staking model fosters sustainability and fairness, avoiding pitfalls found in other staking mechanisms. 3. **Robust Backing Mechanism**: Reserve stablecoins are distinct from traditional stablecoins that rely on fiat reserves. Instead, they are backed by a diverse basket of cryptocurrencies and managed by smart contracts. This innovative structure paves the way for a more resilient and adaptable stablecoin ecosystem. 4. **Dynamic Asset Inclusion**: Initially, Reserve stablecoins may include leading cryptocurrencies, such as liquid staking tokens and yield-bearing DeFi assets. However, as the community grows, there's potential for more complex asset types—including fiat currencies and derivatives—to be incorporated, making Reserve a truly versatile financial tool. 5. **Security and Trust**: Built on the Ethereum blockchain, RSR benefits from its robust proof-of-work consensus mechanism, ensuring high levels of security against potential attacks. **Join the Reserve Community** Reserve Rights is more than just a token; it's a commitment to creating a stable and prosperous financial future through decentralized solutions. The co-founders, Nevin Freeman and Matt Elder, bring a wealth of experience to the project, uniting a passionate community dedicated to revolutionizing the way stablecoins operate and are perceived globally. The total supply of RSR is capped at 100 billion, with about 52% currently in circulation. This fixed supply enhances the token’s scarcity and potential value appreciation over time. To purchase RSR, users can turn to leading cryptocurrency exchanges like Binance, Huobi Global, and OKX, ensuring liquidity and accessibility. **Explore the Future of Finance with Reserve Rights** Whether you're looking to stake RSR, participate in governance, or simply diversify your crypto portfolio, Reserve Rights is your gateway to a secure and inclusive digital economy. Stay informed and engage with the latest developments as the Reserve Protocol continues to evolve and expand its offerings!