Reserve Rights

Reserve Rights Price Trackerrsr& Whale TrackerRank #240

$0.00202780
▼ 19.34% (24h)
Market Cap
$126.99M
24h Volume
$121.00M
Circulating Supply
62553.17M RSR
Max Supply
100000.00M
All-Time High
$0.1174
All-Time Low
$0.00104620

Price Change

1h
+0.19%
24h
-19.34%
7d
+11.51%
14d
+18.52%
30d
+34.32%
1y
-62.20%

About Reserve Rights

Track the live Reserve Rights price, Reserve Rights chart, Reserve Rights market cap and Reserve Rights price prediction signals on CoinMarketGuy. Each Reserve Rights chart updates in real time alongside whale activity.

What Is Reserve Rights (RSR)? Reserve Rights (RSR) is an ERC-20 token that serves two main purposes for the Reserve protocol: overcollateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration. The Reserve Rights (RSR) token was launched in May 2019 following a successful initial exchange offering IEO on the Huobi Prime platform. What is Reserve Rights (RSR) used for? Besides being the governance token for Reserve stablecoins (RTokens), by which changes to RTokens can be proposed & voted for with RSR, Reserve Rights exists as a backstop to make Reserve stablecoin (RToken) holders whole in the unlikely event of a collateral token default. In order for RSR holders to provide this overcollateralization, they can decide to stake on any one RToken, or divide their RSR tokens by staking on multiple RTokens. RSR holders can also decide not to stake their RSR at all. In return for providing this f

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