What Is Reserve Rights (RSR)?
Reserve Rights (RSR) is a utility token within the Reserve Protocol, designed to stabilize the value of its dollar-pegged stablecoin, RSV. The protocol dynamically scales supply based on demand, ensuring 100% or more on-chain collateral backing.
Built for security and decentralization, Reserve Protocol uses a basket of cryptocurrencies managed by smart contracts. Initially backed by USD Coin (USDC), TrueUSD (TUSD), and Paxos Standard (PAX), it aims to diversify into 100+ low-volatility assets.
Since launch, RSV has surged 320% in value, driven by demand for multi-asset stablecoins.
Key Problems Reserve Rights (RSR) Solves
Volatility Reduction
Cryptocurrency volatility hinders merchant adoption. Reserve Protocol offers a stable store of value, medium of exchange, and deferred payment standard.
👉 Discover how RSR stabilizes crypto transactions
Simplified Onboarding
Reserve Protocol integrates fiat on/off ramps, eliminating third-party exchanges for new users.
Financial Inclusion
Targeting the unbanked, Reserve Protocol provides financial access in developing nations with unreliable banking infrastructure.
How Reserve Rights (RSR) Works
Ethereum-Based
RSR operates on Ethereum, enabling ERC-20 wallet storage and DEX trading (e.g., Uniswap).
Dual-Token System
- RSV: Collateralized stablecoin backed by smart-contract-locked assets.
- RSR: Utility token for governance and maintaining RSV’s peg.
Tokenomics:
- Circulating supply: 13.16B RSR
- Max supply: 100B RSR
Reserve Vault & Auctions
- Vault: Stores capital gains from RSV-collateralizing assets; funds community-approved projects.
- Auctions: Adjust RSV supply to stabilize its peg via smart contract trades.
Mobile App
Reserve’s mobile Dapp facilitates global transactions, initially launched in high-inflation regions like Venezuela.
History of Reserve Rights (RSR)
Launched in May 2019 by Nevin Freeman (CEO), Reserve Protocol secured funding via an IEO on HTX Prime, backed by Coinbase Ventures, Peter Thiel, and Sam Altman.
Regulatory Milestone:
In 2021, U.S. banks were permitted to transact in stablecoins, boosting adoption.
How to Buy Reserve Rights (RSR)
RSR is available on:
- Uphold: Ideal for U.S. residents (excludes Germany/Netherlands).
- KuCoin: Offers 300+ tokens (excludes U.S. residents).
- Binance: Global access (excludes U.S./Canada).
👉 Buy RSR securely on leading exchanges
Storing Reserve Rights (RSR)
For long-term holdings, use hardware wallets like Ledger Nano S/X for offline cold storage.
Future of Reserve Protocol
Partner talks (e.g., PayPal) and RSV’s growing adoption position Reserve as a key player in stablecoins.
FAQ
1. What backs RSV’s value?
RSV is collateralized by a basket of cryptocurrencies, transitioning to 100+ low-volatility assets.
2. Can I stake RSR?
Yes, RSR holders participate in governance and earn rewards via voting.
3. Is Reserve Protocol decentralized?
Yes, it uses Ethereum’s blockchain and community-governed smart contracts.
4. Which wallets support RSR?
Any ERC-20 wallet (e.g., MetaMask, Ledger).
5. Why focus on developing countries?
High inflation and unbanked populations make RSV a practical alternative to unstable local currencies.
6. How does the auction system work?
It adjusts RSV supply by buying/selling tokens to maintain its peg.