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The Reserve Protocol is a decentralized blockchain-based platform that seeks to help establish a crypto ecosystem that is completely independent and can provide millions of unbanked individuals seamless access to a wide array of traditional finance tools. The protocol features a stablecoin that is backed by a diverse set of assets and is designed to facilitate low-cost cross-border transactions. The ecosystem features two currencies, namely Reserve (RSV) and Reserve Rights (RSR). While RSV serves as a stable coin that is fully asset-backed and scalable, RSR serves more as a fluctuating token that helps ensure that the value of RSV stays stable at all times. Furthermore, it provides users with the cryptographic right to purchase excess Reserve tokens if they wish to do so.
Reserve Rights Token (RSR) is the 230th largest cryptocurrency in the world by market cap, valued at $232,595,678. The current price of Reserve Rights Token is $0.01776987, which is -0.001% lower than yesterday. Prices have ranged between $0.01926307 and $0.01762018 over the past 24 hours. All prices are listed in US dollars and accurate as of January 24, 2022 08:01 UTC.
| Coin symbol | RSR |
|---|---|
| Coin Marketcap | US$232,595,678 |
| Total RSR supply | 100,000,000,000 |
| Circulating RSR | 13,157,802,677 |
| Current price | US$0.01776987 |
| Notable team members | Nevin Freeman, Matt Elder |
| Partnerships | Chainlink |
| Industry | Stablecoin |
| Token uses | Utility token |
| Network | Ethereum |
Historical prices compared with the price of US$0.01776987.
| 1 hour | -5.61% |
|---|---|
| 24 hours | 0.00% |
| 7 days | 0.85% |
| 14 days | -5.85% |
| 30 days | -33.33% |
|---|---|
| 60 days | -30.33% |
| 200 days | -46.03% |
| 1 year | -51.68% |
Disclaimer: Cryptocurrencies, including Reserve Rights Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RSR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Reserve Rights Token or any other cryptocurrency discussed.