Reserve Rights (RSR) is the governance token for the Reserve Project, aiming to create a censorship-resistant USD stablecoin (RSV) and decentralized fiat on/off ramps. The project's ultimate goal is to create a universal store of value, particularly in regions with unreliable banking infrastructure and hyperinflation ¹.$RSR
*Key Statistics:*
- _Market Capitalization:_ $354 million ²
- _Circulating Supply:_ 51 billion RSR ² ¹
- _Total Supply:_ 100 billion RSR ² ¹
- _All-Time High:_ $0.1189 (April 16, 2021) ² ¹
- _All-Time Low:_ $0.001247 (March 16, 2020) ² ¹
The RSR token serves two main purposes: over-collateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing and voting on changes to their configuration ². You can buy RSR on centralized crypto exchanges like Bitget, (link unavailable), and OKX ¹.
*Use Cases:*
- _Governance:_ Proposal and voting on changes to Reserve stablecoins configuration
- _Staking:_ Over-collateralization of Reserve stablecoins
- _Decentralized Fiat On/Off Ramps:_ Access to USD stablecoin in regions with unreliable banking infrastructure
*Current Price and Trading Volume:*
The current price of RSR is around $0.006887, with a 24-hour trading volume of $20,400,344 ² ¹.