Reserve Rights Price

Reserve Rights (RSR) Live Price Chart

Reserve Rights Price Live Data

The current price of Reserve Rights is $0.00281, with a 24-hour trading volume of $ 64,076. Reserve Rights has experienced a +0.10% change in the past 24 hours, and its USD value has increased by +10.67% over the past 7 days. The circulating supply of Reserve Rights is 13.16B RSR and its current market cap stands at 142.90M USD, up --% in the past 24 hours. Reserve Rights ranks #176 in market capitalization.

Reserve Rights(RSR) Info

Ethereum 0x8762db...6e8xDAI 0x5a87ea...1af
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About RSR

What Is Reserve Rights (RSR) Crypto?

The Reserve protocol operates a non-algorithmic stablecoin called RSV, pegged to the U.S. dollar. RSV's value is maintained through an issuance and redemption system, where selected tokens are locked on the protocol as collateral, and these tokens are released upon redemption.

Reserve Rights (RSR) serve as the utility, reward, and governance token within the Reserve Rights ecosystem. It is designed to support the stability and functionality of the Reserve project, which aims to create asset-backed stablecoins and provide a decentralized platform for building, deploying, and governing these stablecoins.

Reserve Rights (RSR) is a utility, reward, and governance token within the Reserve Rights ecosystem. It plays a vital role in supporting the stability and governance of the Reserve project, which aims to create asset-backed stablecoins. RSR holders can participate in governance, stake tokens for yield and backstop insurance, and contribute to the stability of the Reserve system.

RSR has gained popularity in countries facing high inflation, such as Venezuela and Argentina, where it has seen significant adoption. As more countries encounter inflationary challenges, stablecoins like RSR are embraced as alternative currencies to stabilize financial systems.

How Does Reserve Rights Work?

The Reserve Protocol is a platform that enables the creation of asset-backed, yield-bearing, and overcollateralized stablecoins on the Ethereum blockchain. It aims to provide decentralized and scalable stable money as an alternative to volatile cryptocurrencies like Bitcoin and Ether.

The Reserve Protocol allows for the permissionless creation of stablecoins called RTokens. These stablecoins are designed to maintain a stable value by pegging their exchange rate to a specific fiat currency.

The protocol enables users to deploy their own Reserve stablecoin with a preferred collateral basket, governance system, and revenue distribution. It is entirely permissionless, meaning anyone can participate in creating and managing stablecoins.

The Reserve Rights (RSR) token is an ERC20 token that plays a crucial role within the Reserve ecosystem. RSR token holders help provide over-collateralization via staking and participate in the governance of the Reserve ecosystem.

History of Reserve Rights and RSR Coin

The founders of the Reserve Protocol are Nevin Freeman and Matt Elder. They founded Reserve Protocol in 2017 and are based in Oakland, California. Nevin Freeman serves as the co-founder and CEO of Reserve Protocol.

The Reserve team began with a mission to provide a stable universal currency, represented as R$. They created the Reserve Dollar (RSV), a stablecoin pegged to the US dollar, to address hyperinflation in Venezuela.

They developed a mobile app to store, receive, and spend RSV. The team is also working on a smart contract protocol to enable the creation and decentralized governance of more currencies like RSV, known as "RTokens."

These RTokens can be pegged to diversified baskets of assets, making them immune to USD inflation and centralized monetary policies. The team envisions an ecosystem where RTokens can be applied to real-world problems and act as an alternate international reserve currency.


How can I buy Reserve Rights (RSR)?

Buying RSR on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Reserve Rights (RSR) for more information.

How much is 1 Reserve Rights (RSR) worth?

KuCoin provides real-time USD price updates for Reserve Rights (RSR). Reserve Rights price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time RSR to USD exchange rates.

Is Reserve Rights (RSR) a Good Investment?

Here are some reasons why you could consider investing in RSR crypto and adding it to your portfolio:

Stability and Value Maintenance

RSR primarily aims to maintain the dollar-pegged value of the network's stablecoin, RSV. The Reserve Protocol is designed to scale supply based on demand, ensuring RSV maintains 100% or more on-chain collateral backing. This stability feature reduces volatility, making RSR attractive for investors looking for a more stable store of value and medium of exchange.

Solving Volatility Issues

The Reserve Protocol aims to address the volatility of cryptocurrencies, which has hindered their adoption as a medium of exchange. Reserve Rights offers a potential solution to merchants’ concerns about losing profits during market downturns by providing a stable store of value. This stability can make RSR an appealing investment choice for those seeking a reliable cryptocurrency.

Accessible Onboarding Process

Reserve Protocol introduces fiat on/off ramps into its core protocols, eliminating the need to rely on third-party exchanges for entering the decentralized economy. This accessible onboarding process simplifies the user experience. It makes it easier for new users to participate in the market, which can contribute to the adoption and growth of the Reserve Protocol.

Focus on Unbanked Populations

Reserve Protocol aims to provide a robust merchant ecosystem to the global unbanked population, particularly in developing countries lacking traditional banking infrastructure. By offering a reliable financial system, Reserve Rights contributes to financial inclusion and has the potential to tap into new markets, which could result in increased adoption and demand for RSR.

Reserve Protocol’s Dual-Token System

The Reserve Protocol utilizes a dual-token strategy involving RSV and RSR. RSV is the stablecoin of the network, while RSR is the utility token crucial for maintaining RSV’s value and collateralization rate. This dual-token approach creates a symbiotic relationship between RSV and RSR, potentially driving demand and utility for RSR.

What Is Reserve Rights Price Prediction?

Although we cannot provide a reliable RSR crypto price prediction over any duration, we can recommend some key factors that drive the most price action and volatility in the Reserve Rights token:

RSR Token Utility and Staking Activity

RSR has utility within the Reserve Protocol. RSR holders can stake their tokens on Reserve Tokens (RTokens) and receive a portion of the revenue generated by those RTokens. The potential rewards from staking can incentivize RSR holders to acquire and hold the token, impacting the Reserve Rights’ value.

Reserve Protocol’s Future Development and Level of Adoption

The progress of the Reserve project and its adoption can influence the live price of RSR. Positive developments such as launching new features, partnerships with significant entities, or increased Reserve stablecoin (RSV) usage can attract more attention and investment, potentially driving the RSR to USD price.

Crypto Market Conditions

The broader cryptocurrency market conditions can also impact the Reserve Rights’ price. Factors such as market trends, regulatory changes, or macroeconomic events can affect investor sentiment and liquidity in the market, which can indirectly impact RSR's price.

What Is RSR Token Used For?

RSR plays a crucial role within the Reserve ecosystem. Here are some of its use cases:

Governance Token

RSR allows holders to participate in decision-making regarding the makeup of an RToken's collateral basket. RSR holders can submit and vote on community proposals through the governance portal.

Backstop Insurance by Staking on Tokens

$RSR provides a layer of backstop insurance when staked on RTokens, such as RSV. Users can stake RSR tokens to generate yield and contribute to the stability of the Reserve system. In extreme market conditions, RSR holders can help absorb the impact and maintain stability through their staked RSR tokens.

RSR Enables Price Stability Mechanism for RSV Stablecoin

RSR employs a unique tokenomics system to help stabilize the price of RSV. If RSV’s price falls below $1, arbitrageurs can buy back tokens to restore the peg. Conversely, if the price exceeds $1, arbitrageurs can purchase tokens and sell them until the $1 peg is re-established.

Trade or HODL RSR

Trade Reserve Rights crypto against other digital assets on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell RSR or hold it long-term if you believe in the future potential of the Reserve protocol. Remember to DYOR before entering any new trade in the crypto market.

How to Stake RSR Crypto on Tokens

The Reserve Protocol allows you to stake your RSR tokens on any RToken your choose. Staking RSR serves two purposes: earning a portion of RToken's revenue and participating in governance by proposing and voting on changes to RToken's configuration. Here’s how you can stake $RSR on the Reserve Protocol:

1. Fund your wallet by buying RSR on KuCoin or other supported platforms and transferring your tokens to it.

2. Download, the first dApp for Reserve, and connect your wallet to its interface.

3. Click the Select RToken tab on the top to find available RTokens you can stake RSR on.

4. Select the RToken of your choice by clicking on it.

5. Click the Stake + Unstake option on the next page.

6. Enter the number of RSR tokens you want to stake and click Stake RSR.

7. Confirm and approve the transaction from your wallet.

8. Sit back, earn rewards, and grow your crypto holdings by staking RSR on Reserve’s RTokens.

Who Are Reserve Protocol’s Investors?

Reserve’s early investors include Coinbase, Digital Currency Group (DCG), GSR, Crypto Lotus, Refactor, Distributed Global, PreAngel, Biocktower, NEO Global Capital (NGC), Rocket Fuel, Velorum Capital, and Arrington XRP Capital.

Early backers of the Reserve Protocol and the Reserve project also include Sam Altman, Peter Thiel, Jack Selby, Matt Brimer, and Eric M. Jackson.

What is the all-time high price of Reserve Rights (RSR)?

The all-time high price of Reserve Rights (RSR) is $0.118946. The current price of RSR is down 0.98% from its all-time high.

What is the all-time low price of Reserve Rights (RSR)?

The all-time low price of Reserve Rights (RSR) is $0.001247. The current price of RSR is up 1.25% from its all-time low.

How much Reserve Rights (RSR) is there in circulation?

As of 12 3, 2023, there is currently 13.16B RSR in circulation. RSR has a maximum supply of 100.00B.

What is the market cap of Reserve Rights (RSR)?

The current market cap of RSR is $142.90M. It is calculated by multiplying the current supply of RSR by its real-time market price of $142.90M.

How do I store Reserve Rights (RSR)?

You can securely store your Reserve Rights in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your RSR include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.