Reserve Rights Price in India (RSR)

Reserve Rights is a decentralized dual-token platform built to maintain price stability and enable a global stablecoin system. It operates with two tokens: the stable Reserve (RSV) token, pegged to a basket of assets, and the Reserve Rights (RSR) token, which ensures RSV stability through arbitrage and governance. RSR is also used for staking and voting on protocol decisions.

Reserve Rights was founded in 2019 by Nevin Freeman and Matt Elder. The protocol aims to provide a decentralized, asset-backed stablecoin solution to counter inflation and preserve value for users worldwide.

• Dual-token system: Ensures price stability through the interaction of RSR and RSV tokens.

• Decentralized governance: RSR holders can participate in protocol upgrades and decision-making.

• Inflation protection: Provides a stable medium of exchange and store of value in high-inflation economies.

• Arbitrage mechanism: Uses RSR tokens to maintain the stability and peg of RSV tokens.

Reserve Rights has established itself as a critical player in the stablecoin ecosystem, addressing global inflation and providing a reliable alternative for value storage. Ranked among the top 150 cryptos by market cap, RSR has significant growth potential as stablecoins become more widely adopted.

You can buy RSR from crypto exchanges like CoinSwitch.

• Staking: Stake RSR tokens to support the protocol and earn rewards.

• Governance: Participate in decision-making for the Reserve Rights protocol using RSR tokens.

• Arbitrage: Use RSR to stabilize the value of RSV tokens through arbitrage opportunities.

• Buy and sell RSR tokens on platforms like CoinSwitch to leverage market opportunities.

• Provides a decentralized solution for price stability and inflation protection.

• The dual-token system ensures stability and efficiency.

• Governance and staking opportunities for RSR holders.

• Competes with other stablecoin platforms like MakerDAO and Terra.

• Adoption depends on the growth of stablecoins in the crypto market.

• Market volatility due to its niche focus and external economic factors.

• Start investing in RSR with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

Reserve Rights (RSR) is the governance token for the Reserve protocol ecosystem, an ERC-20 token common across all asset-backed currencies (“RTokens”) deployed via the Reserve protocol. RSR can be staked on a particular RToken, where it has two roles: overcollateralizing the RToken and potentially receiving a portion of the RToken collateral’s revenue in exchange for being the first capital-at-risk in case of collateral default.