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Reserve Rights
More Detail
$0
+4.79%
Total dollar volume24H
$18,866,825
High24H
0.00649 USDT
Low24H
0.00605 USDT
Market Cap
#149$368,434,446
FDV
$636,200,000
Market Cap / FDV Ratio
0.58
Turnover rate
5.12%
Circulating supply
57,911,733,088
Total supply
100,000,000,000
Max supply
100,000,000,000
All time high
0.119 USDT
All time high date
Apr 16, 2021
Down from All time high
-94.65%
Cycle low
0.0016 USDT
Cycle low date
Aug 17, 2023
Up from cycle low
296.88%
Official links
Website
White paper
Socials
Discord
Introduction

Reserve Rights (RSR) is a dual-token platform designed to create a stable, decentralized financial ecosystem that supports a wide range of economic activities. It features two main tokens: the Reserve Stablecoin (RSV) and the Reserve Rights Token (RSR). RSV is a stablecoin backed by a basket of digital assets, while RSR maintains the stability of RSV by acting as a buffer. If the value of RSV's collateral falls, RSR is sold to restore the peg, ensuring that RSV maintains its 1:1 ratio. This structure also provides incentives for RSR holders, as they can earn revenue from staking and collateral-backed yields.

RSR holders play a critical role in the protocol’s governance, using their tokens to vote on decisions related to the Reserve Protocol, such as changes to collateral configurations and parameters for stability. Additionally, the protocol's governance model includes a unique slashing mechanism where staked RSR can be seized if any of the collateral assets fail, offering a direct risk-and-reward system for those providing staking support. This mechanism helps maintain system resilience, aligning the protocol’s security with its stability goals.

Recently, the Reserve Rights Protocol has gained traction, particularly in Latin America, where its app supports RSV transactions with over 18,000 merchants. The team behind RSR also focuses on expanding its reach in emerging markets, supporting communities facing economic instability. The Reserve Rights ecosystem has grown significantly since its launch in 2019, backed by high-profile supporters like Coinbase Ventures and Peter Thiel, enhancing its reputation as a stable, community-driven platform.

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