RSR

Reserve Rights price

RSR
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$0.00465

+$0.000604 (+14.93%)

24H
  • 1H
  • 24H
  • 1W
  • 1M
  • 1Y
  • ALL
ALL
1Y
1M
1W
24H
1H
Market cap
$83.25M
Volume (24h)
$18.91M
Circulating supply
17,507,052,569

Trade

Spot
Margin
Contract
Options
PairPriceChangeAction
RSR/USDT
₮0.00$0.01
+14.92%
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Overview
Analysis

About Reserve Rights (RSR)

Reserve is a decentralized, asset-backed stablecoin protocol with two tokens. It’s designed to produce a stablecoin that is as censorship resistant as BTC. The mainnet version of Reserve has not launched yet. RSR is the second token in the network, and upon mainnet launch will be the tokens used for some arbitrage transactions in the protocol. RSR holders will have the cryptographic right to purchase excess Reserve stablecoins (RSV) that accumulate in the Reserve smart contract from transaction fees and any appreciation of underlying collateral assets that back RSV. The value of RSR also plays a role in stabilizing RSV in some edge cases. Say there are 100 collateral tokens each backing 1% of the value in RSV and one of them defaults (e.g. through an exit scam or the government freezes its assets). The protocol mints and sells RSR to make up the difference, re-capitalizing the collateral pool from 99% back up to 100% again.

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About the founders

Nevin FreemanCEO

Nevin oversees strategy, legal, and team coordination at Reserve. Nevin is an entrepreneur who has co-founded three companies. His mission in life is to solve the coordination problems that are stopping humanity from achieving its potential, and he's particularly concerned about averting the long-term risks posed by the development of artificial intelligence.

Matt ElderCTO

Matt is designing, analyzing and overseeing the Reserve Stabilization Protocol and architecting the Reserve protocol implementation. Previously, he did engineering for Google, Quixey, and the Linux Standard Base(IBM); his graduate research at the University of Wisconsin-Madison was in program analysis.

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Reserve Rights price statistic

Price today
Reserve Rights price
$0.00465
Price change (24h)
+$0.000604
+14.93%
Low and high (24h)
$0.00399Low
$0.004819High
Volume (24h)
$18.91M
Circulating supply
17,507,052,569
Market cap
$83.25M

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