Reserve Rights Coinmarketcap Information


Reserve Rights Coingecko Price Chart

About Reserve Rights

Reserve is a decentralized platform on the Ethereum mainnet that allows for the creation, deployment, and governance of asset-backed currencies known as RTokens. These RTokens maintain a 1:1 asset-backing ratio, enabling users to mint and redeem them on-chain without intermediaries. The system's overcollateralization is ensured by RSR governance token stakers. Each RToken operates under its own unique governance system and is managed separately by ecosystem stakers.

Launch and Audits

The Reserve Protocol was launched on the Ethereum mainnet in October 2022. It has since undergone five audits, with the most recent one completed in February 2023.

Existing RTokens

Among the RTokens currently available on the protocol are High Yield USD (hyUSD), ETHPlus (ETH+), and Electronic Dollar (eUSD). HyUSD is a secure high-yield savings dollar offering up to 8% APY, designed to outpace inflation rates in over 100 nations globally. ETH+ functions as a safety-focused diversified ETH staking index providing up to 4.5% APY. Lastly, eUSD serves as a highly resilient stablecoin engineered to withstand black swan events, recently demonstrating its robustness during an incident at Silicon Valley Bank.

The Reserve protocol facilitates the development of an innovative form of money that holds long-term value more effectively than traditional fiat currency.

"Envision a stable universal currency as dependable as daybreak - this is our goal."

The protocol's creation followed an intensive four-year research and development phase culminating in a thoroughly tested and audited codebase.

To stay updated on developments within the cryptocurrency world or learn more about other digital currencies, we invite you to delve further into our articles here on Global Crypto News.

NameReserve Rights
SymbolRSR
ICO Data
Start Date: 05/22/2019
End Date: 05/22/2019