2.18%$0.01471240
RSR
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Reserve Rights
RankReserve Rights
Name
Market cap
Price
Volume (24h)
Circulating Supply
Change (24h)
Price Graph (7d)
92
92
Reserve Rights
$778,682,5170RSR2.18%
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Reserve Rights RSR Price 0.01471240

What is Reserve Rights (RSR)?

Reserve Rights (RSR) is a blockchain project that is designed to provide a secure and viable alternative to the centralized fiat currencies used today. The network uses a basket of cryptocurrencies managed by smart contracts to maintain its value.

The project is launched using USD Coin (USDC), TrueUSD (TUSD) and Paxos Standard (PAX). Eventually, the developers hope to use a repository with more than 100 different low-volatility assets to provide RSV value.

Another problem that the project developers wanted to solve was the servicing of those who were not covered by banking services. Around the world, billions of people do not have access to basic financial services. In many cases, due to the lack of infrastructure, traditional banking institutions were unable to contact these groups. Reserve Rights aims to provide a robust and sustainable trading ecosystem in these areas, with a focus on developing countries.

Who created the Reserve Rights (RSR)?

The Reserve Rights project appeared in May 2019. The platform's co-founder and CEO, Nevin Freeman, has experience building successful technology companies. He was a co-founder of Paradigm Academy, Metamed, and RIABiz. 

Reserve Rights secured the funding during the Initial Exchange Offering (IEO) on the Huobi Prime platform. It is noteworthy that the platform has received the support of some well-known investors. In particular, the event was attended by the venture fund Coinbase Ventures, PayPal co-founder Peter Thiel and YCombinator founder Sam Altman.

What is unique about Reserve Rights (RSR)?

The uniqueness of the Reserve Rights project lies in its attempt to reduce volatility. The volatility of cryptocurrencies limits the expansion of the market as a medium of exchange. Merchants are reluctant to accept cryptocurrencies due to concerns that they may lose their profits during market downturns. Reserve Rights provides a stable means of saving, a medium of exchange, and a standard of deferred payment to the market.

The development teams behind the Reserve Rights protocol prefer to use a unique dual token strategy to achieve their goals. The RSV token and the RSR token work together to provide Reserve Protocol users with a secure and efficient UX. The RSV token is the main stable coin of the network.

The RSR token serves several purposes within the backup protocol. The main purpose of the token is to provide a mechanism for maintaining the dollar-pegged value of the stablecoin network-RSV. What is unique is the backup protocol, which is designed to scale supply based on demand. Thus, the protocol supports 100% or more guarantee security within the chain.

What is also unique is that Reserve Rights introduces fiat on / off ramps into its core protocols. This strategy eliminates the need to use third-party applications to enter the market.

How many RSR tokens are in circulation?

RSR is a service token of Reserve Rights. This token is critical to maintaining the value of the RSV at this time. In particular, it is used to provide stacking and RSV binding. It also functions as the main management token for the network. Users must own these tokens to be eligible to vote. 

There are currently 0.00000000 of RSR tokens in circulation, and the maximum supply is 100,000,000,000 of RSR coins. The RSR value is at $ {price} USD, with a daily trading turnover of 111,817,446 USD, and a market capitalization of 778,682,517 USD.

How is the Reserve Rights network protected?

Reserve Rights is based on the Ethereum blockchain. Ethereum is the №1 blockchain in terms of security. Thus, the security of the project is entrusted to the PoS consensus.

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
RSR  Statistics
RSR  Price
$0.01471240
RSR  ROI
307.26%
Market rank
#92
Market cap
$778,682,517
24 Hour Volume
$111,817,446
C-g Supply
0
Total supply
100,000,000,000
All Time High
$0.00410443
4 грудня 2022 р.
All Time Low
$0.00361249
24 травня 2019 р.
52 Week High / Low
$0.03733432
/ $0.00357801
90 Day High / Low
$0.01030001
/ $0.00357801
30 Day High / Low
$0.00735819
/ $0.00357801
Day High / Low
$0.00442634
/ $0.00391904
24 Hour High / Low
$0.00410771
/ $0.00400728
Yesterday2 H / L
$0.00410443
/ $0.00401418
Yesterday2 O / C
$0.00401418
/ $0.00410443
Yesterday2 Change
$0.000090
2.25%
Yesterday2 Volume
$4,119,189
Rank 92

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RSR  Statistics
RSR  Price
$0.01471240
RSR  ROI
307.26%
Market rank
#92
Market cap
$778,682,517
24 Hour Volume
$111,817,446
C-g Supply
0
Total supply
100,000,000,000
All Time High
$0.00410443
4 грудня 2022 р.
All Time Low
$0.00361249
24 травня 2019 р.
52 Week High / Low
$0.03733432
/ $0.00357801
90 Day High / Low
$0.01030001
/ $0.00357801
30 Day High / Low
$0.00735819
/ $0.00357801
Day High / Low
$0.00442634
/ $0.00391904
24 Hour High / Low
$0.00410771
/ $0.00400728
Yesterday2 H / L
$0.00410443
/ $0.00401418
Yesterday2 O / C
$0.00401418
/ $0.00410443
Yesterday2 Change
$0.000090
2.25%
Yesterday2 Volume
$4,119,189
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