### What is Reserve Rights?

Reserve Rights (RSR) is an ERC-20 token that functions as the governance token within the Reserve Protocol ecosystem. It supports the protocol's dual-token system, comprising RSR and the Reserve Stablecoin (RSV), helping to maintain RSV's stability. RSR allows users to stake on any RToken, facilitating participation in governance and earning staking revenue while providing over-collateralization to protect RToken holders during collateral token defaults.

### How does Reserve Rights work?

Reserve Rights operates on the Ethereum blockchain and involves a dual-token system. RSR serves as a governance token, enabling holders to stake and vote on protocol changes. It provides an over-collateralization mechanism, crucial for maintaining RSV's stability at around $1. The protocol utilizes smart contracts to manage stablecoins and employs algorithms that adjust RSV supply based on market value, buying more when value drops below $1 and selling or minting when it exceeds $1.

### What are the potential use cases for Reserve Rights?

RSR's potential use cases include governance participation, economic stability through over-collateralization, and yielding financial incentives within the ecosystem. It finds real-world applications in creating and managing stablecoins, supporting DeFi applications, providing hyperinflation protection, and serving as a stable medium of exchange. Sectors benefiting from RSR include finance, particularly in regions with economic instability, DeFi applications, and cross-border payment systems.

### What is the history of Reserve Rights?

Reserve Rights was founded in 2019 by Nevin Freeman and Matt Elder, with key milestones such as its Initial Exchange Offering (IEO) on Huobi Prime and the launch of the RSR token. It has seen significant investor backing and major technological updates, including a token fork and Ethereum's ongoing transition to Proof of Stake to enhance transaction speed and reduce fees. RSR has experienced considerable market presence, including a notable 136% price surge in 2024.

Reserve Rights

Tether

USDC

Tether Gold

PAX Gold

True USD

USDD

Terra Luna Classic

Frax

EURC

STASIS EURO

Pax Dollar

UST Classic

Magic Internet Money

Gemini Dollar

Liquity USD

Lista USD

Reserve Rights (RSR)

Similar Coins

USDT

USDC

XAUT

PAXG

TUSD

USDD

LUNC

FRAX

EURC

EURS

USDP

USTC

MIM

GUSD

LUSD

LISUSD

MIMATIC

Resources

Reserve Rights (RSR) Price Index

Reserve Rights Price

Trading volume

Market cap

Resources