RSR(Reserve Rights)
Reserve aims at establishing a stable, distributed stablecoin and digital payment system, rsr is mainly used to maintain the price stability of Resrve tokens.
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1.  Programme Name 


Reserve Rights (RSR)
 
2. Project Introduction


Reserve is a decentralized, asset-backed stablecoin protocol with two tokens. It’s designed to produce a stablecoin that is as censorship resistant as BTC. The mainnet version of Reserve has not launched yet.


RSR is the second token in the network, and upon mainnet launch will be the tokens used for some arbitrage transactions in the protocol. RSR holders will have the cryptographic right to purchase excess Reserve stablecoins (RSV) that accumulate in the Reserve smart contract from transaction fees and any appreciation of underlying collateral assets that back RSV.


The value of RSR also plays a role in stabilizing RSV in some edge cases. Say there are 100 collateral tokens each backing 1% of the value in RSV and one of them defaults (e.g. through an exit scam or the government freezes its assets). The protocol mints and sells RSR to make up the difference, re-capitalizing the collateral pool from 99% back up to 100% again.



Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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白皮书和社区链接
市场动态
部分数据来源于CoinGecko
现价
0.00489839 USDT
排名
数据来源为CoinGecko市值排名
319
发行时间
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发行总量
100000000000
流通总量
17684497978
总市值
489839000  USDT
流通市值
86625568  USDT
价格范围覆盖早期机构以及个人投资者的成本价格
早期投资者价格
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