What is Reserve Rights?
Reserve Rights (RSR) is a decentralized stablecoin ecosystem designed to provide financial stability in high-inflation economies. It consists of two primary tokens:
- Reserve stablecoin (RSV): A hyper-inflation-proof ERC-20 stablecoin
- Reserve Rights token (RSR): The governance and utility token of the ecosystem
The protocol offers three key benefits:
- Hedges against volatile currencies through asset diversification
- Enables cost-effective cross-border transactions
- Provides stable-value digital currency for daily transactions
Businesses can use RSR to:
โ Accept payments
โ Pay international suppliers
โ Avoid under-collateralization risks from unstable local currencies
Future plans include backing RSV with a diversified basket of assets (USDC, TUSD, PAX) to create an alternative reserve asset.
Reserve Rights (RSR) Token Details
| Metric | Value |
|---|---|
| Current Price | $0.006760 |
| All-Time High | $0.118443 |
| Market Cap | $675.9 Million |
| 24h Trading Volume | $18.7 Million |
| Contract Address | 0x320623b8...78B5d70 |
Key Statistics:
- Circulating Supply: 99.999B RSR
- Total Supply: 100.000B RSR
- 24h Price Range: $0.006504 - $0.006816
- Liquidity Pool: $4.7654M (Bid: $2.4878M / Ask: $2.2776M)
๐ Track real-time RSR price movements
Tokenomics & Governance
- Asset Type: ERC-20 governance token
- Mineable: No
- Premined: No
ICO Details:
- Price: $0.00110
- Date: May 22, 2019
- Funds Raised: $9,960,000
The RSR token plays crucial roles in:
- Stabilizing RSV value through arbitrage opportunities
- Governing protocol upgrades
- Participating in ecosystem decisions
Market Performance Analysis
Reserve Rights has shown:
- Consistent liquidity across major exchanges
- Stable trading volumes (~$18M daily)
- Strong market cap position among stablecoin projects
๐ Compare RSR against other stablecoin projects
Frequently Asked Questions
What makes Reserve Rights different from other stablecoins?
Reserve Rights offers a dual-token system (RSV+RSR) with decentralized governance and plans for multi-asset backing, unlike single-currency pegged stablecoins.
How can I use RSR tokens?
You can:
- Participate in governance
- Engage in arbitrage when RSV deviates from peg
- Use for payments in supported merchants
Where can I buy RSR?
RSR is available on top centralized and decentralized exchanges with ETH and USDT trading pairs.
What's the long-term vision for Reserve Rights?
The project aims to create a global, decentralized stablecoin system that serves as an alternative to inflation-prone national currencies.
How does the stabilization mechanism work?
When RSV trades above/below target value, arbitrageurs use RSR to buy/sell RSV, bringing it back to peg while earning rewards.
Is Reserve Rights a good investment?
As with all crypto assets, RSR carries volatility risks. Its value proposition lies in its utility within the Reserve ecosystem rather than as a speculative asset.