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RSR

Reserve Rights

0.007255

5.93%

Digital currency group portfolio
Stablecoin
IEO概念
DeFi
Coinbase Ventures Portfolio

Circ/Total Supply

52002220909/100000000000

52%

Volume/24h%

33711560.385735

5.93%

#--

24h Turnover

8.93%

24h
5.93%
7d
18.67%
3mo
87%
6mo
17%
1y
163%
All
- -
Basic Info
Chain
GoPlus
Ethereum,Solana
Algorithm
Consensus
Launch Date
--
Token Distribution
Website
https://reserve.org/
Whitepaper
https://reserve.org/whitepaper.pdf
Social Media
Social Media
github
https://github.com/reserve-protocol
Explorer
Explorer
Cryptocurrencies
$377,285,493.64
MC %
<0.01%
FDV
377103329.36
Circulating Supply
52,002,220,909 RSR
Total Supply
100,000,000,000 RSR
Circ. Rate
52.0022%
Max Supply
100,000,000,000 RSR
Listed Date
--
Listed DEX/CEX
29
Initial Price
$0.0011
Project Info
check more

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.

Distribution of tokensNumber ofPercent
The foundation5860000000058.6%
Team and consultant2000000000020%
Seed round1240000000012.4%
partners50000000005%
Fire currency Prime30000000003%
rounds10000000001%
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