About Reserve Rights
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.
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Trading Insights
Buyer Ratio
Traders
258
-32.81%
Buyers
160
-44.44%
Sellers
112
8.74%
Searched
364
Market Stats
Market Cap
S$511.26M
3.4%
FDV
S$885.34M
Circ. Supply
58B RSR
Max Supply
100B RSR
Total Supply
100B RSR
Diluted Valuation
S$884.16M
Performance
Popularity
#133
Dominance
0.01%
Volume (24H)
S$11.90M
-35.26%
Volume (7D)
S$121.66M
Volume (30D)
S$449.32M
All time high
S$0.15
Price Change (1Y)
-0.9%
Additional info about Reserve Rights
Recent trends
The latest RSR price is S$0.0088. Compared to Reserve Rights's value of S$0.01 from 24 hours ago, there's been a 4% increase, while the current price is -4% down from S$0.01 which was recorded one week ago. Reserve Rights's all time high is S$0.15, which was reached on April 16, 2021. This is a -94% change from its price today.
The current circulating supply of Reserve Rights is 57,747,594,889. This is 58% of its max supply of 100,000,000,000 RSR and 58% of its total supply of 100,000,000,000. The market cap is currently S$511.26M, which is a result of multiplying the current price of Reserve Rights(S$0.01) by the total supply(100,000,000,000 RSR). The fully diluted valuation of Reserve Rights is S$885.34M. The diluted valuation of Reserve Rights is S$885.34M.
Market details
RSR vs markets
↘ 25.04%
RSR vs BTC
↘ 34.73%
RSR vs ETH
↗ 45.83%
Tags
store-of-value
defi
real-world-assets
made-in-america
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0xaB36452DbAC151bE02b16Ca17d8919826072f64a | |
Ethereum | 0x320623b8E4fF03373931769A31Fc52A4E78B5d70 | |
Solana | DkbE8U4gSRuGHcVMA1LwyZPYUjYbfEbjW8DMR3iSXBzr |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.0088 | ↗ 3.75% |
1 Day | S$0.0085 | ↗ 3.75% |
1 Week | S$0.0092 | ↘ 3.66% |
1 Month | S$0.0109 | ↘ 18.26% |
1 Year | S$0.0094 | ↘ 0.90% |
FAQ
Reserve Rights (RSR) is an ERC-20 token integral to the Reserve Protocol, which facilitates the creation and management of stablecoins known as RTokens. Launched in May 2019, RSR serves two primary purposes: providing overcollateralization for RTokens through staking and participating in governance decisions related to their configuration. RSR acts as a safeguard, compensating RToken holders in the event of a collateral token default. Holders can stake RSR on individual RTokens, spread their stakes across multiple RTokens, or choose not to stake at all. In return for providing this first-loss capital, stakers may receive compensation from the RTokens they insure.
Reserve Rights operates within the Reserve Protocol, which allows for the creation of RTokens—stablecoins backed by diversified baskets of cryptocurrencies managed through smart contracts. These baskets can include ERC-20 assets like USD Coin (USDC), TrueUSD (TUSD), and DeFi yield-bearing tokens such as Compound USD Coin (cUSDC) and Aave Dai (aDAI). RSR holders can stake their tokens to overcollateralize RTokens, ensuring stability and providing a backstop in case of collateral defaults. In exchange, stakers may earn rewards from the RTokens they insure. The protocol is designed to evolve, incorporating more diverse asset classes like fiat currencies, commodities, and derivatives over time.
Reserve Rights (RSR) plays a crucial role in the Reserve Protocol’s ecosystem. It functions as a governance token, allowing holders to propose and vote on protocol changes affecting RTokens. RSR also provides overcollateralization, ensuring the stability of RTokens and acting as a safety net against collateral defaults. Stakers are compensated for taking on this risk, offering potential returns for those who insure specific RTokens. As the Reserve Protocol expands to include more diverse asset baskets, RSR’s utility may grow, offering additional opportunities for governance, staking, and ecosystem participation.
Reserve Rights (RSR) was launched in May 2019 following a successful initial exchange offering (IEO). The Reserve Protocol was co-founded by Nevin Freeman and Matt Elder. Freeman, an experienced entrepreneur, serves as CEO, while Elder, a former Google and Quixey engineer, is the project’s CTO, overseeing the protocol's architecture. Since its inception, the Reserve team has grown to over 200 members, including engineers, developers, and legal professionals. The project aims to position Reserve as a scalable, open stablecoin platform that contributes to global economic stability and prosperity.
We update our Reserve Rights to SGD currency in real-time. Get the live price of Reserve Rights on Coinbase.
The current market cap of Reserve Rights is S$511.26M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Reserve Rights is S$0.15. This all-time high is highest price paid for Reserve Rights since it was launched.
Over the last 24 hours, the trading volume of Reserve Rights is S$11.90M.
Assets that have a similar market cap to Reserve Rights include Axie Infinity, Zebec Network, Kaito, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Reserve Rights is 58 billion.
Reserve Rights ranks 237 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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