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Reserve Rights
RSR

About Reserve Rights

The Reserve Rights Token (RSR) is a utility and governance token within the Reserve Protocol ecosystem, launched in 2019 to promote cryptocurrency adoption. The protocol facilitates the creation and use of stablecoins (RTokens) globally, aiming to address crypto market volatility. The ecosystem includes the Reserve Protocol, the Reserve app (RPay), and the RSV stablecoin. RSV is backed by a basket of USD fiat-backed stablecoins like USDC, TUSD, and USDP, managed by smart contracts within the Reserve Vault. RSR's primary function is to recapitalize the system if any RToken collateralization falls below acceptable levels, ensuring RSV stability. This creates an inverse relationship between RSV and RSR supply. The RPay app allows users to store, send, deposit, and withdraw both fiat and crypt...

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