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Reserve Rights (RSR)

€ 0,01305

-8,24 % € -0,00107
24h 1w 1m 1y All

Reserve Rights Price in Euros

(RSR to EUR)

€ 0,01305

Reserve Rights Volume

(24h)

€ 70.06 M

Market Cap

(Reserve Rights)

€697.72 M
BTC

What is Reserve Rights

Reserve Rights is an ERC20 token used on the Reserve Protocol. The Reserve Token, which is a stablecoin, is also used on this protocol. Reserve Rights acts as a collateral platform for the Reserve Token.

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How does Reserve Rights work?

The Reserve Protocol is intended to be a stable factor for users. The fixed value of the Reserve Token is $1, this is maintained by buying and selling the Reserve Token. Reserve Rights is used here as a governance token. Reserve Rights exists as a safety net to indemnify Reserve stablecoin (RToken) holders in the (unlikely) event of a collateral token default.

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How to buy Reserve Rights?

You can easily buy Reserve Rights (RSR) at Coinmerce. Use one of the many payment methods like credit card to purchase the tokens and you’ll receive them in your wallet shortly.

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How to buy Reserve Rights?

Would you like to buy Reserve Rights? You can buy Reserve Rights using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see Reserve Rights, use the search function to search for Reserve Rights and click on the name. You can indicate what amount you want to spend to buy Reserve Rights in the right window. Below is shown how much Reserve Rights tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Reserve Rights when the price of Reserve Rights reaches your entered value. You can also execute a repeating order. Do you want to buy Reserve Rights with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Reserve Rights.

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About Reserve Rights

Reserve was founded in 2019 by Nevin Freeman and Matt Elder. Freeman is Reserve's experienced entrepreneur and CEO. He describes his goal in life as "to solve the problems in coordination that hold humanity back from achieving its full potential. Matt Elder, on the other hand, is an experienced engineer who previously worked for Google and Quixey, and now oversees the architecture of the Reserve Protocol implementation as the project's CTO. Meanwhile, the team consists of more than 200 people. It is possible to stake RSR. Users can also choose to stake an RToken. In doing so, they can receive additional returns if this token reaches a high market cap. Usually, stablecoins in dollars are held in reserve in a bank account as a backup, but Reserve tokens are kept in a cryptocurrency basket managed by smart contracts. These baskets can consist of any ERC-20 asset. Initial Reserve stablecoins (RTokens) will include a USD-denominated stablecoin backed by other stablecoins such as USD Coin (USDC, True USD (TUSD) and Paxos Dollar (USDP), as well as a stablecoin backed by DeFi-yield bearing assets such as Compound USD Coin (cUSDC) and Aave Dai (aDAI). As a result, holders of this stablecoin receive passive DeFi-yields without having to stake or lock up their tokens.

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Founder Nevin Freeman
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Founder Matt Elder
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Founder
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Founder
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Founded 2019
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Industry Stable coin
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Website Website
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Network ERC-20
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Location Oakland
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Rank 131
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Market Cap 697.72 M
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Trading volume 70.06 M
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Maximum coins 100 B
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Circulating 53.47 B
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RSR Summary

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