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Reserve plans to reduce RSR issuance by mimicking Bitcoin’s emission curve
According to TechFlow, the decentralized stablecoin protocol Reserve has announced a new issuance plan for its governance token RSR. The plan will mimic Bitcoin's emission curve and aims to provide a more predictable and sustainable supply growth for RSR.
RSR will adopt a deterministic emission schedule that mimics Bitcoin's emission curve starting at the 50% circulating supply point. The new schedule will replace the previous "Slower Wallet" system, which allowed the withdrawal of 1% of the total RSR every four weeks. The new schedule will reduce the amount of RSR that can be issued per unit time.
Currently, about 50% of the total RSR supply has been issued, and the remaining 50% will be issued according to the new plan. The initial weekly withdrawal amount is 0.19% of the total supply (190 million RSR), and the weekly withdrawal amount will decrease by 99.6157%.
RSR will adopt a deterministic emission schedule that mimics Bitcoin's emission curve starting at the 50% circulating supply point. The new schedule will replace the previous "Slower Wallet" system, which allowed the withdrawal of 1% of the total RSR every four weeks. The new schedule will reduce the amount of RSR that can be issued per unit time.
Currently, about 50% of the total RSR supply has been issued, and the remaining 50% will be issued according to the new plan. The initial weekly withdrawal amount is 0.19% of the total supply (190 million RSR), and the weekly withdrawal amount will decrease by 99.6157%.
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