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Reserve Rights RSR
RSR
0.009208
$
1.37 %
Change 24h
Market Cap
$ 522,544,607
Volume 24h
$ 32,007,398
Circulating Supply
56,749,382,321
Total Supply
100,000,000,000
RSR
$
Description
Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens:
(1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money;
(2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV.
(3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV.