Reserve Rights (RSR) Price

Name: Reserve Rights
Brand: Cryptocurrency
SKU: RSR
Price: 0.00534696 USD
Availability: InStock
Rating: 4,6 (8 reviews)

RSR

Reserve Rights

4,6

★

$0.00534696

7.01%

Today's Current Price in US Dollar

Market cap

269,811,412.0

Total volume

24,922,749

Circulating supply

50,600,000,000

Total supply

100,000,000,000

Buy / Long

Sell / Short

Reserve offers an autonomous, open-access infrastructure on the Ethereum blockchain, facilitating the formation, launch, and management of asset-anchored currencies, known as "RTokens." These RTokens are fully supported by assets on a 1:1 basis, enabling users to mint and redeem them directly on the blockchain without requiring intermediaries. The overcollateralization necessary for these tokens is assured by stakeholders of the RSR governance token. Each RToken operates under its distinct governance framework, controlled independently by members of its community. Reserve Protocol made its debut on the Ethereum blockchain in October 2022 and had successfully undergone its fifth security audit by February 2023.
Among the RTokens presently active within this ecosystem are High Yield USD (hyUSD), offering a robust high-yield savings option in USD with an anticipated APY of up to 8%, anticipated to surpass inflation rates in more than 100 nations globally. ETHPlus (ETH+), a cautiously curated diversified index for ETH staking showcasing up to 4.5% APY. Electronic Dollar (eUSD), designed as an ultra-durable stablecoin, recently demonstrated its resilience during the financial turmoil involving Silicon Valley Bank.

The Reserve framework paves the way for the emergence of a novel class of monetary assets that aim to preserve value more effectively than traditional fiat currencies.

Envision a global currency as dependable as the dawn. That's the vision behind our mission.
The protocol benefited from a thorough four-year period of exploration and technological refinement, culminating in a software foundation that has undergone extensive testing and multiple audits for utmost security and reliability.

Homepage: https://reserve.org/