Reserve Rights (RSR)

From CryptoCurrency Wiki

(Redirected from RSR)

 Basics

  • Announced on:
  • Mainnet release:
  • Based in:
  • From the website (6-10-2020):

Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Technology

How it works

Staking

Liquidity Mining

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

DEX

Governance

DAO

Treasury

Upgrades

Roadmap

"Reserve Project believes that the most responsible path to launch a decentralized digital currency is to start with a centralized fiat stablecoin, gather the necessary usage data, and use that data to evolve to a fully decentralized model. Below are the three phases in their roadmap:

  1. The centralized phase - Reserve is backed by a small number of collateral tokens, each of which is a tokenized US dollar.
  2. The decentralized phase - Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar.
  3. The independent phase - Reserve is no longer pegged to the US dollar. It intends to stabilize its real purchasing power regardless of fluctuations in the value of the US dollar.

Reserve Project is still in phase 1 where the USD stablecoin that was released, RSV is pegged by equal portions of USDC, TUSD, and PAX."

Audits

Bugs

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners