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RSR

Reserve RightsRSR

Rank #133
Token
On 154,512 watchlists

Reserve Rights Price (RSR)

$0.00406
1.20%

0.00000024 BTC0.69%

0.000003249 ETH0.30%

Low:$0.003967
High:$0.004074
24h
RSR  Reserve Rights RSR
Price:
$0.00406
 1.20%
Market Cap
$171,765,283
1.20%
24h Volume / Market Cap
0.0249
Fully Diluted Market Cap
$406,042,190
1.20%
Volume
24h
$4,284,081
38.23%
CEX Vol
$4,261,145
DEX Vol
$22,936
Circulating Supply
42B RSR
42%
Max Supply
100,000,000,000
Total Supply
100,000,000,000

Reserve Rights to USD Chart

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RSR to USD Converter

RSR

Reserve Rights

USD

United States Dollar

RSR Price Statistics

Reserve Rights Price Today
Reserve Rights Price$0.00406
Price Change24h+$0.00004819
1.20%
24h Low / 24h High
$0.003967 /
$0.004074
Trading Volume24h$4,284,081
38.23%
Volume / Market Cap0.02494
Market Dominance0.02%
Market Rank#133
Reserve Rights Market Cap
Market Cap$171,765,283
1.20%
Fully Diluted Market Cap$406,042,190
1.20%
Reserve Rights Price Yesterday
Yesterday's Low / High
$0.003967 /
$0.004214
Yesterday's Open / Close
$0.004199 /
$0.00401
Yesterday's Change

4.49%

Yesterday's Volume$6,370,515
Reserve Rights Price History
7d Low / 7d High
$0.003967 /
$0.00428
30d Low / 30d High
$0.003573 /
$0.004961
90d Low / 90d High
$0.003573 /
$0.01033
52 Week Low / 52 Week High
$0.003344 /
$0.04033
All Time High
Apr 16, 2021 (2 years ago)
$0.1189
96.59%
All Time Low
Mar 16, 2020 (3 years ago)
$0.001247
225.53%
Reserve Rights ROI

12.37%

Reserve Rights Supply
Circulating Supply42,302,323,974 RSR
Total Supply100,000,000,000 RSR
Max Supply100,000,000,000 RSR

RSR to USD Converter

RSR

Reserve Rights

USD

United States Dollar

RSR Price Live Data

The live Reserve Rights price today is $0.004060 USD with a 24-hour trading volume of $4,284,081 USD. We update our RSR to USD price in real-time. Reserve Rights is up 1.20% in the last 24 hours. The current CoinMarketCap ranking is #133, with a live market cap of $171,765,283 USD. It has a circulating supply of 42,302,323,974 RSR coins and a max. supply of 100,000,000,000 RSR coins.

If you would like to know where to buy Reserve Rights at the current rate, the top cryptocurrency exchanges for trading in Reserve Rights stock are currently Binance, Bitrue, OKX, Tapbit, and MEXC. You can find others listed on our crypto exchanges page.

What Is Reserve Rights (RSR)?

Reserve Rights (RSR) is an ERC-20 token that will serve two main purposes for the Reserve Protocol: insuring 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 insurance, 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 insurance, RSR stakers can expect to receive a portion of the revenue the RToken they decided to insure makes. As a general rule, RSR stakers can expect higher returns (APYs) the bigger the market cap of the RToken they insure becomes.

In contrast with the “staking” you see in a lot of other projects these days, RSR staking is built to last. In Reserve’s model, late participants do not pay for early participants, nor is a trust in staking of other parties required.

For more detailed information on RSR staking, please refer to the RSR staking section on the protocol documentation.

Who are the founders of Reserve?

Reserve was co-founded by Nevin Freeman and Matt Elder. Freeman is Reserve's CEO and a seasoned entrepreneur. He describes his life goal as "solving the coordination problems that are stopping humanity from achieving its potential."

Matt Elder, on the other hand, is an experienced engineer who previously worked for Google and Quixey, and now works to oversee the architecture of the Reserve protocol implementation as the project’s CTO.

Since its launch in 2019, the Reserve team has grown considerably, and now includes more than 200 individuals, which includes engineers, developers, and legal and compliance staff — all unified under the shared ambition to position Reserve as an open, massively scalable stablecoin platform that promotes economic prosperity.

What Makes Reserve Rights Unique?

Unlike other stablecoins that are typically backed by U.S. dollars (USD) held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve stablecoins are backed by a basket of cryptocurrencies managed by smart contracts.

These baskets can consist of any ERC-20 assets. Initial Reserve stablecoins (RTokens) will include a USD-denominated stablecoin backed by other stablecoins such as USD Coin (USDC, True USD (TUSD) and Paxos Dollar (USDP), and also a stablecoin backed by DeFi-yield bearing assets such as Compound USD Coin (cUSDC) and Aave Dai (aDAI) - which will offer holders of this stablecoin passive DeFi-yields without the need for staking or locking up their tokens.

Eventually, the Reserve community will transaction to more diverse baskets, which might include fiat currencies, securities, commodities and complex asset types, like synthetics and derivatives. Read more about Reserve’s long-term goals here.

How Many Reserve Rights (RSR) Coins Are There in Circulation?

Reserve Rights has a fixed supply of 100 billion tokens. Out of this, about 15% are currently in circulation as of March 2022.

The maximum token supply has already been pre-mined, but a large proportion is locked for various reasons, including 49.4% of the supply locked in a smart contract known as the "Slow wallet.” Funds from this wallet are released following a one-month delay with a public on-chain message from the Reserve team explaining the purpose of the withdrawal.

The Reserve Rights token initially launched with a circulating supply of 6.85 billion tokens, of which 3% were distributed to Huobi Prime IEO participants, 2.85% released as project tokens and 1% to private investors. All team, advisor, partner, and seed investor tokens will be unlocked via one of two options - one that has started in January 2022, and the other that will start upon the launch of the full Reserve Protocol on Ethereum mainnet. Read all about the Reserve Rights unlocking schedule here.

How Is the Reserve Rights Network Secured?

Reserve Rights is currently an ERC-20 token based on the Ethereum blockchain. As a result, it is secured against attacks by a robust proof-of-work (POW) consensus mechanism backed by a network of thousands of Ethereum miners.

Where Can You Buy Reserve Rights (RSR)?

Reserve Rights (RSR) is a popular token that currently maintains excellent liquidity.

It is available to purchase and trade on several of the most well-established cryptocurrency exchange platforms, including Binance, Huobi Global and OKEx, and can be traded against various popular cryptocurrencies, including Bitcoin (BTC), Tether (USDT) and Ethereum (ETH), as well as the U.S. dollar (USD) on multiple platforms.

RSR to USD Converter

RSR

Reserve Rights

USD

United States Dollar

RSR Price Statistics

Reserve Rights Price Today
Reserve Rights Price$0.00406
Price Change24h+$0.00004819
1.20%
24h Low / 24h High
$0.003967 /
$0.004074
Trading Volume24h$4,284,081
38.23%
Volume / Market Cap0.02494
Market Dominance0.02%
Market Rank#133
Reserve Rights Market Cap
Market Cap$171,765,283
1.20%
Fully Diluted Market Cap$406,042,190
1.20%
Reserve Rights Price Yesterday
Yesterday's Low / High
$0.003967 /
$0.004214
Yesterday's Open / Close
$0.004199 /
$0.00401
Yesterday's Change

4.49%

Yesterday's Volume$6,370,515
Reserve Rights Price History
7d Low / 7d High
$0.003967 /
$0.00428
30d Low / 30d High
$0.003573 /
$0.004961
90d Low / 90d High
$0.003573 /
$0.01033
52 Week Low / 52 Week High
$0.003344 /
$0.04033
All Time High
Apr 16, 2021 (2 years ago)
$0.1189
96.59%
All Time Low
Mar 16, 2020 (3 years ago)
$0.001247
225.53%
Reserve Rights ROI

12.37%

Reserve Rights Supply
Circulating Supply42,302,323,974 RSR
Total Supply100,000,000,000 RSR
Max Supply100,000,000,000 RSR