Reserve Rights (RSR) Price, Market Cap, Volume, IEO Ratings & Reviews | Coinpare
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Cryptocurrencies: 2,773 Market Cap: $401,582,753,766 24h Vol: $53,852,737,625 BTC: 59.71% ETH: 11.57% USDT: 4.05% ETH Gas: 27 gwei
Reserve Rights
Stablecoin

Reserve Rights

Stablecoin

Reserve is a digital currency that will have real-world value, enabling broader economic prosperity by giving people autonomy and control of their money. Reserve is being designed to be stable, open to all, and massively scalable, with a separate token that will reward users who support the network.

IEO Details
IEO Start:
22 May 2019
IEO End:
22 May 2019
Launchpad:
Hardcap:
3,000,000 USD
Token Price:
0.0010 USD
Total Supply:
100,000,000,000
IEO Supply:
3,000,000,000 (3%)
Accepting:
HT
Whitelist/KYC:
KYC
Country:
United States
Token Details
Token Platform:
Ethereum
Token Holders:
16,659
Token Transfers:
221,413
Token Explorers:
Coin Details
Ticker:
RSR
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Reserve Rights RSR Rank 80
$0.014054 (-6.34%)
0.00000109 BTC (-6.03%)
0.00003423 ETH (-5.62%)
1 BTC ≈ 917,431 RSR
1 ETH ≈ 29,214 RSR
RSR
USD
Market Cap:
$131,406,101
Fully Diluted Market Cap:
$1,405,413,000
Volume 24h:
$23,411,272
ROI (USD):
1,305% / 14.05x
ATH:
$0.031363
ATH Date:
31 August 2020
From ATH / To ATH:
-55.19% / 123.16%
Circulating Supply:
9,349,999,000 RSR
Total Supply:
100,000,000,000 RSR
Loading data from server...
Change USD
1h -0.22%
24h -6.34%
7d 42.82%
30d 28.75%
1y 670.74%
Change BTC
1h -
24h -6.03%
7d 25.29%
30d 2.83%
1y 354.17%
Change ETH
1h -0.06%
24h -5.62%
7d 27.82%
30d 2.94%
1y 207.34%
To The Moon 🚀🌕
RSR
ROI x1

USD Amount -
BTC Amount -
ETH Amount -
Price $0.014054
Market Cap $131,406,101
Fully Diluted Market Cap $1,405,413,000
BTC Price 0.00000109
ETH Price 0.00003423
Reserve Rights (RSR) is a cryptocurrency, the latest Reserve Rights price is $0.014054, down -6.34% in the last 24 hours. Reserve Rights market cap is $131,406,101 with a 24h volume of $23,411,272. It has a circulating supply of 9,349,999,000 RSR and a total supply of 100,000,000,000 RSR. Reserve Rights reached it's all time high on 31 August 2020 when it was trading at $0.031363.
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Background

The initial production version of the Reserve Protocol will operate in a substantially centralized way, and over time each protocol component will be migrated on-chain and released from control by the founding team, eventually becoming fully decentralized.
There are three planned phases of the Reserve network:

  • The Centralized Phase
    Reserve is backed by a small number of collateral tokens, each of which is a tokenized US dollar.
  • The Decentralized Phase
  • Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar.
  • The Independent Phase
    Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.

The Reserve Protocol can be implemented on top of any smart contract platform, or on its own chain. Initially we are developing on the Ethereum Network but ultimately we expect two-way bridges to enable complete interoperability of the Reserve token across all major smart contract platforms. The Reserve token will initially have a target value of $1.00, but is designed to go off of the peg from the US dollar in the long term.

The Tokens

  • The Reserve token (RSV)
    A stable cryptocurrency that can be held and spent the way we use US dollars and other stable fiat money.
  • The Reserve Rights token (RSR)
    A cryptocurrency used to facilitate the stability of the Reserve token.
  • Collateral tokens
    Other assets that are held by the Reserve smart contract in order to back the value of the Reserve token, similar to when the US government used to back the US dollar with gold. The protocol is designed to hold collateral tokens worth at least 100% of the value of all Reserve tokens. Many of the collateral tokens will be tokenized real-world assets such as tokenized bonds, property, and commodities. The portfolio will start off relatively simple and diversify over time as more asset classes are tokenized.

How the Reserve Token is Stabilized

If demand goes down for the Reserve token, prices are expected to fall on secondary markets. What happens then?
Suppose the redemption price of Reserve is $1.00. If the price of Reserve on the open market is $0.98, arbitrageurs will be incentivized to buy it up and redeem it with the Reserve smart contract for $1.00 worth of collateral tokens. They'll continue buying on open markets until there is no more money to be made, which is when the market price matches the redemption price of $1.00.
The same mechanism works in reverse when demand goes up. If the price of Reserve on the open market is $1.02, arbitrageurs will be incentivized to purchase newly minted Reserve tokens for $1.00 worth of either collateral or Reserve Rights tokens (the latter only if there is an excess pool of Reserve tokens available), and immediately sell them on the open market. They'll continue selling on open markets until there is no more money to be made, which is when the market price matches the purchase price of $1.00.

How the Reserve Protocol is Capitalized

The Reserve Protocol holds the collateral tokens that back the Reserve token. When new Reserves are sold on the market, the assets used by market participants to purchase the new Reserves are held as collateral. This process keeps the Reserve collateralized at a 1:1 ratio even as supply increases.
At times, the Reserve Protocol may target a collateralization ratio greater than 1:1. When this is the case, scaling the supply of Reserve tokens requires additional capital in order to maintain the target collateralization ratio. To accomplish this the Reserve Protocol mints and sells Reserve Rights tokens in exchange for additional collateral tokens.

What Happens When the Collateral Tokens Depreciate

Collateral tokens are somewhat volatile. While we may be able to select a portfolio with minimal downside risk, the reality is that drops in the collateral tokens' value will happen. When this happens, the Reserve Protocol will sell newly minted Reserve Rights tokens for additional collateral tokens and add them to the backing.

Nevin Freeman
Co-Founder & CEO
Involved in 1 project
Matt Elder
Co-Founder & CTO
Involved in 1 project
Miguel Morel
Co-Founder
Involved in 1 project
Charlie Smith
Business Development
Involved in 1 project
Jesper Östman
Protocol Development
Involved in 1 project
Cathleen Kilgallen
Research & Operations
Involved in 1 project
Andrew Masanto
Marketing & Strategy
Involved in 1 project
Henry Fisher
Chief of Staff
Involved in 1 project
Mark Lee
Legal
Involved in 1 project
Taylor Brent
Protocol Development
Involved in 1 project
Vasco Queirós
Public Engagement
Involved in 1 project
Jeffrey Ladish
Security Architecture
Involved in 1 project
Erika Campbell
Onsite Operations
Involved in 1 project
Andrew Lapinski-Barker
Head of Recruiting
Involved in 1 project
Matthew Gertler
General Counsel
Involved in 1 project
Josh Furnas
Head of Product
Involved in 1 project
Advisors
Garett Jones
Involved in 1 project
Santiago Siri
Involved in 1 project
Benjamin Verschuere
Involved in 1 project
Gary Basin
Involved in 1 project
Robb Henshaw
Involved in 1 project
Loading...
 

Rank 80


Reserve Rights RSR

$0.014054 (-6.34%)
0.00000109 BTC (-6.03%)
0.00003423 ETH (-5.62%)
Market Cap:
$131,406,101
Fully Diluted Market Cap:
$1,405,413,000
Volume 24h:
$23,411,272
ROI (USD):
1,305% / 14.05x
ATH:
$0.031363
ATH Date:
31 August 2020
From ATH / To ATH:
-55.19% / 123.16%
Circulating Supply:
9,349,999,000 RSR
Total Supply:
100,000,000,000 RSR
1 BTC:
≈ 917,431 RSR
1 ETH:
≈ 29,214 RSR
RSR
USD
Loading data from server...
Change USD
1h -0.22%
24h -6.34%
7d 42.82%
30d 28.75%
1y 670.74%
Change BTC
1h -
24h -6.03%
7d 25.29%
30d 2.83%
1y 354.17%
Change ETH
1h -0.06%
24h -5.62%
7d 27.82%
30d 2.94%
1y 207.34%
To The Moon 🚀🌕
RSR
ROI x1

USD Amount -
BTC Amount -
ETH Amount -
Price $0.014054
Market Cap $131,406,101
Fully Diluted Market Cap $1,405,413,000
BTC Price 0.00000109
ETH Price 0.00003423
IEO Details
IEO Start:
22 May 2019
IEO End:
22 May 2019
Launchpad:
Hardcap:
3,000,000 USD
Token Price:
0.0010 USD
Total Supply:
100,000,000,000
IEO Supply:
3,000,000,000 (3%)
Accepting:
HT
Whitelist/KYC:
KYC
Country:
United States
Token Details
Token Platform:
Ethereum
Token Holders:
16,659
Token Transfers:
221,413
Token Explorers:
Coin Details
Ticker:
RSR
Description
Category: Stablecoin

Reserve is a digital currency that will have real-world value, enabling broader economic prosperity by giving people autonomy and control of their money. Reserve is being designed to be stable, open to all, and massively scalable, with a separate token that will reward users who support the network.

Reserve Rights (RSR) is a cryptocurrency, the latest Reserve Rights price is $0.014054, down -6.34% in the last 24 hours. Reserve Rights market cap is $131,406,101 with a 24h volume of $23,411,272. It has a circulating supply of 9,349,999,000 RSR and a total supply of 100,000,000,000 RSR. Reserve Rights reached it's all time high on 31 August 2020 when it was trading at $0.031363.
Share This Page
Loading...

Background

The initial production version of the Reserve Protocol will operate in a substantially centralized way, and over time each protocol component will be migrated on-chain and released from control by the founding team, eventually becoming fully decentralized.
There are three planned phases of the Reserve network:

  • The Centralized Phase
    Reserve is backed by a small number of collateral tokens, each of which is a tokenized US dollar.
  • The Decentralized Phase
  • Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar.
  • The Independent Phase
    Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.

The Reserve Protocol can be implemented on top of any smart contract platform, or on its own chain. Initially we are developing on the Ethereum Network but ultimately we expect two-way bridges to enable complete interoperability of the Reserve token across all major smart contract platforms. The Reserve token will initially have a target value of $1.00, but is designed to go off of the peg from the US dollar in the long term.

The Tokens

  • The Reserve token (RSV)
    A stable cryptocurrency that can be held and spent the way we use US dollars and other stable fiat money.
  • The Reserve Rights token (RSR)
    A cryptocurrency used to facilitate the stability of the Reserve token.
  • Collateral tokens
    Other assets that are held by the Reserve smart contract in order to back the value of the Reserve token, similar to when the US government used to back the US dollar with gold. The protocol is designed to hold collateral tokens worth at least 100% of the value of all Reserve tokens. Many of the collateral tokens will be tokenized real-world assets such as tokenized bonds, property, and commodities. The portfolio will start off relatively simple and diversify over time as more asset classes are tokenized.

How the Reserve Token is Stabilized

If demand goes down for the Reserve token, prices are expected to fall on secondary markets. What happens then?
Suppose the redemption price of Reserve is $1.00. If the price of Reserve on the open market is $0.98, arbitrageurs will be incentivized to buy it up and redeem it with the Reserve smart contract for $1.00 worth of collateral tokens. They'll continue buying on open markets until there is no more money to be made, which is when the market price matches the redemption price of $1.00.
The same mechanism works in reverse when demand goes up. If the price of Reserve on the open market is $1.02, arbitrageurs will be incentivized to purchase newly minted Reserve tokens for $1.00 worth of either collateral or Reserve Rights tokens (the latter only if there is an excess pool of Reserve tokens available), and immediately sell them on the open market. They'll continue selling on open markets until there is no more money to be made, which is when the market price matches the purchase price of $1.00.

How the Reserve Protocol is Capitalized

The Reserve Protocol holds the collateral tokens that back the Reserve token. When new Reserves are sold on the market, the assets used by market participants to purchase the new Reserves are held as collateral. This process keeps the Reserve collateralized at a 1:1 ratio even as supply increases.
At times, the Reserve Protocol may target a collateralization ratio greater than 1:1. When this is the case, scaling the supply of Reserve tokens requires additional capital in order to maintain the target collateralization ratio. To accomplish this the Reserve Protocol mints and sells Reserve Rights tokens in exchange for additional collateral tokens.

What Happens When the Collateral Tokens Depreciate

Collateral tokens are somewhat volatile. While we may be able to select a portfolio with minimal downside risk, the reality is that drops in the collateral tokens' value will happen. When this happens, the Reserve Protocol will sell newly minted Reserve Rights tokens for additional collateral tokens and add them to the backing.

Nevin Freeman
Co-Founder & CEO
Involved in 1 project
Matt Elder
Co-Founder & CTO
Involved in 1 project
Miguel Morel
Co-Founder
Involved in 1 project
Charlie Smith
Business Development
Involved in 1 project
Jesper Östman
Protocol Development
Involved in 1 project
Cathleen Kilgallen
Research & Operations
Involved in 1 project
Andrew Masanto
Marketing & Strategy
Involved in 1 project
Henry Fisher
Chief of Staff
Involved in 1 project
Mark Lee
Legal
Involved in 1 project
Taylor Brent
Protocol Development
Involved in 1 project
Vasco Queirós
Public Engagement
Involved in 1 project
Jeffrey Ladish
Security Architecture
Involved in 1 project
Erika Campbell
Onsite Operations
Involved in 1 project
Andrew Lapinski-Barker
Head of Recruiting
Involved in 1 project
Matthew Gertler
General Counsel
Involved in 1 project
Josh Furnas
Head of Product
Involved in 1 project
Advisors
Garett Jones
Involved in 1 project
Santiago Siri
Involved in 1 project
Benjamin Verschuere
Involved in 1 project
Gary Basin
Involved in 1 project
Robb Henshaw
Involved in 1 project
Loading...
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