The Reserve Protocol offers an innovative solution for maintaining stablecoin value using Ethereum-based tokens. At its core, the protocol ensures RSV (Reserve stablecoin) maintains a 1:1 peg with the US dollar, while the RSR token acts as a stabilization mechanism. When RSV supply increases, RSR value adjusts accordingly to maintain equilibrium.
About Reserve Rights Token (RSR)
The Reserve Protocol addresses cryptocurrency volatility through a three-token system:
- RSV: Stablecoin pegged 1:1 with USD
- RSR: Volatile token used to stabilize RSV
- Collateral Tokens: Asset-backed reserves supporting RSV value
π Discover how RSR maintains dollar parity
Key Features of Reserve Rights
- Dual-Token Model: Combines stable RSV with volatile RSR for price stabilization
- Governance Rights: RSR holders participate in protocol decisions
- Arbitrage Opportunities: Earn profits when RSV deviates from $1 peg
- Decentralized Collateral: Backed by crypto assets rather than centralized fiat
Where to Buy RSR Token
RSR is available on major exchanges including:
- Binance (BTC/RSR, USDT/RSR pairs)
- Huobi Global
- OKEx
- KuCoin
π Compare RSR trading platforms
Step-by-Step Purchase Guide
Step 1: Create Exchange Account
- Register on a supported platform
- Complete KYC verification
Step 2: Deposit Funds
Options:
- Direct fiat deposit (where available)
- Transfer BTC/ETH from another wallet
- Purchase crypto with credit card
Step 3: Execute Trade
- Navigate to trading interface
- Select RSR trading pair
- Enter purchase amount
- Review order details
- Confirm transaction
Storing Your RSR Tokens
Recommended wallet options:
| Wallet Type | Examples | Security Level |
|---|---|---|
| Hardware | Ledger, Trezor | β β β β β |
| Mobile | Trust Wallet, MetaMask | β β β β β |
| Web | MyEtherWallet | β β β ββ |
Reserve Rights Ecosystem
- Founders: Nevin Freeman (CEO) and Matt Elder (CTO)
- Launch: 2019 via Huobi Prime IEO
- Team: 25+ members across engineering, legal, and compliance
Unique Value Propositions
- Collateral Flexibility: Shifts from USD peg to asset-backed model
- Economic Inclusion: Designed for developing economies
- Smart Contract Automation: Autonomous price stabilization
FAQ Section
Can I mine RSR tokens?
No. RSR is an ERC-20 token distributed through exchanges.
What determines RSR price?
Market demand, RSV stabilization needs, and overall crypto market trends.
Is RSR a good investment?
While RSR serves crucial protocol functions, its volatile nature means investors should assess risk tolerance carefully.
How does Reserve differ from other stablecoins?
Unlike fiat-backed stablecoins, Reserve uses crypto collateral managed by smart contracts.
Can I stake RSR?
Currently no native staking, but some exchanges offer earning programs.
What's the total RSR supply?
The maximum supply is 100 billion tokens.
Official Resources: