Reserve Rights (RSR) is a cryptocurrency born from the Reserve Protocol, designed to counteract the instability of emerging market currencies through a stablecoin mechanism. Launched in 2019, RSR serves a dual role: as a governance token allowing holders to vote on protocol changes, and as a utility token securing Reserve stablecoins (RSV) through an arbitrage process. This system is built on the Ethereum blockchain and aims to provide a stable, decentralised currency that can maintain purchasing power amidst economic volatility. Unlike existing stablecoins tethered to fiat, Reserve operates under a basket of assets, striving for broad financial inclusion and economic stability globally.
Reserve Rights (RSR) is a cryptocurrency born from the Reserve Protocol, designed to counteract the instability of emerging market currencies through a stablecoin mechanism. Launched in 2019, RSR serves a dual role: as a governance token allowing holders to vote on protocol changes, and as a utility token securing Reserve stablecoins (RSV) through an arbitrage process. This system is built on the Ethereum blockchain and aims to provide a stable, decentralised currency that can maintain purchasing power amidst economic volatility. Unlike existing stablecoins tethered to fiat, Reserve operates under a basket of assets, striving for broad financial inclusion and economic stability globally.
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