Reserve Rights (RSR)

€ 0,07928

3,70 % € 0,00293

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About Reserve Rights

The reserve rights' dual token setup includes a stablecoin known as the Reserve stablecoin (RSV), backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities.

Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals - helping holders shape the future of the Reserve Rights ecosystem.

Reserve's goal is to build a stable, decentralized and asset-backed cryptocurrency to serve as a digital currency. All this with project scalability using 100% collateral. The goal is to create a universal value that is resistant to unreliable banks and hyperinflation.

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Founder Nevin Freeman
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Founder Matt Elder
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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 82
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Market Cap 764 M
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Trading volume 146.84 M
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Maximum coins 100 B
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Circulating 13.16 B
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Twitter Twitter
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Medium Medium