Convert Reserve Rights RSR to Ethereum Classic ETC
RSR to ETC: 1 Reserve Rights converts to 0.000429 ETC as of July 16 at 8:52 AM
About RSR and ETC
Reserve Rights is falling, while Ethereum Classic is climbing this week. The current RSR to ETC conversion rate is 0.000429. Inversely, this means that if you convert 1 ETC you will get 2,330.17 RSR. The conversion rate of RSR/ETC has decreased by 0.26% in the last hour (ETC/RSR increased by 0.26%). In the last 24 hours, RSR/ETC shrunk by 0.74%, while ETC/RSR grew by the same amount.
The exchange rate of Reserve Rights is decreasing. The current value of 1 RSR is 0.000429 ETC. In other words, to buy 5 Reserve Rights, it would cost you 0.002146 ETC. Inversely, 1 ETC would allow you to trade for 2,330.17 RSR while 50 ETC would convert to 116,508.33 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.9%. Meanwhile, in the last 24 hours, the rate has changed by 0.53%, which means that the highest exchange rate of 1 RSR to ETC was 0.000449 ETC and the lowest 24 hour value was 1 RSR for 0.000421 ETC. Last month, 1 RSR was worth 0.000401 ETC. Today, it's up 6.6%. Looking back a year, Reserve Rights has changed by 0.000246 ETC. That means that in a single year, the value of Reserve Rights has grown by 42.74%.
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.