What is RSR?
Reserve Rights (RSR) is an ERC-20 utility and governance token integral to the Reserve Protocol ecosystem, launched in 2019. It facilitates the creation and use of stablecoins, promoting global cryptocurrency adoption through tools like the Reserve app and RSV stablecoin.
Key Features of RSR:
- Utility: Over-collateralizes Reserve stablecoins (RTokens) via staking.
- Governance: Enables community voting and proposal mechanisms.
Market Snapshot (Updated 2025.06.06):
| Metric | Value |
|---|---|
| Last Price | $0.01 |
| 24h Turnover | $6.55K |
| Market Cap | $406.19M |
| Total Supply | 100B RSR |
| Circulating Supply | 57.91B RSR |
👉 Explore RSR trading opportunities
Project Introduction
The Reserve Protocol ecosystem comprises:
- Reserve Protocol: Infrastructure for decentralized stablecoins.
- Reserve App: User interface for managing RSV.
- RSR Token: Powers governance and stability mechanisms.
Team & Funding
Founders:
- Nevin Freeman: Serial entrepreneur (Confusion Capital, RIABiz).
- Matt Elder: Ex-Google engineer; technical architect of Reserve Protocol.
Funding Rounds:
| Round | Amount Raised |
|---|---|
| Seed | $4.96M |
| ICO | $360K |
| Private Round | $2M |
| HTX Primelist | $3M |
Investors: Coinbase Ventures, Shima Capital, Arrington XRP Capital.
Tokenomics
- Symbol: RSR
- Type: ERC-20
- Contract:
0x320623b8e4ff03373931769a31fc52a4e78b5d70 Distribution:
- Team: 49.76%
- Treasury: 40.98%
- Ecosystem: 5.59%
- Liquidity: 3.67%
FAQs
What is Reserve Rights (RSR) coin?
RSR is a dual-purpose token for stabilizing Reserve stablecoins and governing the Reserve Protocol.
How does RSR maintain stablecoin value?
Users stake RSR as collateral to absorb volatility, ensuring RTokens remain pegged.
Where can I buy RSR?
What’s RSR’s all-time high price?
$0.11 (reached during previous market cycles).