Convert Reserve Rights RSR to Frax Finance - Frax Ether FRXETH
RSR to FRXETH: 1 Reserve Rights converts to 0.00000250 FRXETH as of June 13 at 11:51 PM
About RSR and FRXETH
Reserve Rights is climbing, while Frax Finance - Frax Ether is falling this week. The current RSR to FRXETH conversion rate is 0.0000025. Inversely, this means that if you convert 1 FRXETH you will get 400,769.51 RSR. The conversion rate of RSR/FRXETH has decreased by 0.35% in the last hour (FRXETH/RSR increased by 0.35%). In the last 24 hours, RSR/FRXETH grew by 1.14%, while FRXETH/RSR shrunk by the same amount.
The exchange rate of Reserve Rights is increasing. The current value of 1 RSR is 0.00000250 FRXETH. In other words, to buy 5 Reserve Rights, it would cost you 0.00001248 FRXETH. Inversely, 1 FRXETH would allow you to trade for 400,769.51 RSR while 50 FRXETH would convert to 20,038,475.60 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.61%. Meanwhile, in the last 24 hours, the rate has changed by 0.81%, and that the highest exchange rate of 1 RSR to FRXETH was 0.00000253 FRXETH and the lowest 24 hour value was 1 RSR for 0.00000242 FRXETH. Last month, 1 RSR was worth 0.00000393 FRXETH. Today, it's down 57.45%. Looking back a year, Reserve Rights has changed by 0.00000186 FRXETH. That means that in a single year, the value of Reserve Rights has grown by 25.39%.
Reserve Rights Market Stats
Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.