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Reserve Rights RSR |
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$0.0068401 |
-7.07% (24h) |
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Marketcap |
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$385,860,313 |
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Volume 24h |
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$64,962,613 |
Description
Reserve Rights (RSR) is a dual-token stablecoin platform designed to provide a decentralized and stable store of value, especially in regions with high inflation. Launched in 2019, Reserve uses a stablecoin called RSV, which is backed by a basket of assets, while RSR is used for governance and to maintain the stability of RSV. RSR holders can participate in the protocol's governance and have the ability to stabilize the RSV token during periods of volatility. The platform aims to provide financial stability and inclusion in economically unstable regions.