Are you tired of inflation draining your savings? Reserved Rights offers a solution for this. The crypto currency is backed up with real-world assets like stocks, bonds, gold, and real estate. The diversification technique minimizes the inflation impact on your funds. You should discover this innovative crypto game.
If you want to know how the Reserve provides stability? We have got it covered for you. Check out all the details, including the functionality, performance, tokenomics, future price prediction, buying options, buying processes, and credibility.
Let us dive in:
What is Reserve Rights (RSR)?
Reserve Rights (RSR) is powering stability and shaping the future of the reserve. The RSR token was launched in 2019. By staking the RSR tokens you can contribute to the over-collateralization of the Reserve’s stablecoin.
This means that RSR acts as a safety net, ensuring that the RT tokens are backed by more valuable assets than their circulating value. This promotes greater stability. RSR empowers you to be more than just a user. As an RSR token holder, you can gain governance rights.
With governance, you can propose and vote on changes in the RTtokens function, such as in future decisions and development of the platform.
Many stablecoins are tethered to the US dollars. This could mean their value has the possibility of fluctuating along with the dollar. Reserve stablecoin takes a different approach altogether.
Reserve leverages smart contracts to manage the basket of cryptocurrencies backing their stablecoins. Smart contracts ensure transparency while reducing the reliance on trusted custodians.
| Ticker Name | RSR |
| Market Cap | $291,724,472 |
| 24-hour Trading Volume | $20,136,512 |
| Total Supply | 100,000,000,000 |
| Max Supply | 100,000,000,000 |
| Chains | Ethereum Ecosystem, Arbitrum Ecosystem, Base Ecosystem, Energi Ecosystem |
| Categories | Decentralized Finance (DeFi), Coinbase Ventures Portfolio |
Roadmap of Reserve Rights (RSR)
- Centralized Phase –The reserve is backed with a few numbers of collateral tokens. All of this represents the digital version of the US dollar.
- Decentralized Phase – The reserve eliminates the single dollar peg, it opts for a decentralized basket of assets that constantly adjusts to maintain a stable US dollar value.
- Independent Phase- Reserved is aiming for stability beyond the US dollar. It makes use of a basket of assets to maintain consistent buying power, even if the dollar itself fluctuates in value.
Token Distribution of Reserve Rights (RSR)
RSR is an ERC-20 token. It is the token that fuels the Reserve protocol. They run on the Ethereum blockchain. This leverages the robust security provided by the proof-of-work consensus mechanism of Ethereum. Thousands of miners worldwide secure the Ethereum network, making it highly resistant to attacks. Check out the token distribution of RSR:
- 49.4% is for the Slow Wallet
- 19.1% is for Circulating
- 16.5% is for Team and Advisors
- 15% is for the Investors and partners
Future Price Prediction of Reserve Rights (RSR)
Do you know that future price prediction can help you with your financial strategy? Yes, you heard it right. Many expert traders look forward to the price prediction before investing their funds. The 24-hour trading volume of Reserve Rights is $ 20,136,512 for the last 24 hours.
We have formulated the seven-year price prediction of RSR after consulting the technical indicators and market trajectory of the token.
Check out the future price forecast of RSR until 2030:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
|---|---|---|---|
| 2024 | $0.0083 | $0.01 | $0.012 |
| 2025 | $0.017 | $0.021 | $0.025 |
| 2026 | $0.035 | $0.043 | $0.052 |
| 2027 | $0.071 | $0.089 | $0.1 |
| 2028 | $0.14 | $0.18 | $0.21 |
| 2029 | $0.29 | $0.037 | $0.44 |
| 2030 | $0.6 | $0.076 | $0.91 |
Where can you buy Reserve Rights (RSR)?
RSR tokens are available for trading in centralized crypto exchanges. Binance is the most popular option with a trading volume of $5,718,753 and the active trading pair RSR/USDT. If you are looking for other popular options, you can go for Bitunix, BYDFi, OKX, Bybit, and DigiFinex.
If you are confused about the available options for exchange, it is possible to compare them. The trading fees and customer reliability can be different in each exchange.
How do you buy Reserve Rights (RSR)?
If you are ready with the investment budget and strategy, you can proceed with the purchase of RSR. Follow the simple steps:
Step 1: Make your own account in the chosen exchange.
Step 2: Fund your account with the investment budget.
Step 3: Buy RSR from the exchange.
Step 4: Transfer RSR to the wallet.
You need to keep yourself away from scamming websites and links. Always rely on the official website and navigate towards reliable and trusted sources.
Is Reserve Rights (RSR) a credible investment option?
The liquidity of RSR is exemplary, and it introduces more diverse asset baskets for its stablecoins. This could open doors for exciting new functionality for RSR holders. As per the analysis of RSR, this seems to be a credible investment option for you to consider.
Crypto investment requires the attention of the investor. Though the crypto investment might seem lucrative in nature, the potential risks cannot be ignored. Good luck with your investment!
Read more: Bird Dog (BIRDDOG) Price Prediction 2024 – 2030, Where To Buy, Is It A Good Investment?
