How Reserve Rights (RSR) makes financial transactions more accessible

What is Reserve Rights, and how is its ecosystem organized?

Reserve Rights is an ERC-20 token issued on the Ethereum blockchain. The Reserve Rights token is part of the Reserve ecosystem, which includes a platform for issuing digital assets that, according to the developers, will be widely used in the future by the majority of users around the world.

One of the goals of the creators of the Reserve protocol is to provide a digital alternative to traditional currencies that is less susceptible to the risks of inflation, due to which the value of money decreases over time. In this way, users, especially those living in countries with high inflation, can convert their currencies into assets more resistant to depreciation.

One of the main features of the Reserve protocol is the ability for any user to issue their tokens, which are called RTokens in this ecosystem.

RTokens are custom tokens based on the Ethereum blockchain, issued on the Reserve platform, and 100% backed by other ERC-20 tokens. Users can use any ERC-20 token listed on the cryptocurrency market as collateral.

Another problem that Reserve Rights developers are trying to eliminate is the high volatility of cryptocurrencies, i.e., their ability to change prices quickly.

An over-collateralization mechanism was developed to reduce volatility's impact on the Reserve Rights token. Owners of RSR tokens can contribute their assets to a staking mechanism to collateralize other tokens issued through the Reserve Rights protocol in exchange for receiving income. The mechanism of staking to secure other tokens is designed to stimulate continued demand for the RSR altcoin.

About Reserve Rights token

The RSR token appeared on exchanges in May 2019 and, as of December 2024, has grown in value more than 5.5 times since listing, from $0.0033 to $0.019. The Reserve Rights token reached an all-time high (ATH) of $0.11 in April 2021. Now, relative to ATH, the RSR cryptocurrency's rate has fallen by 84%.

According to CoinMarketCap data for December 2024, the market capitalization of the Reserve Rights token is $1.01 billion, and by this indicator, the altcoin ranks 113th in the overall ranking of cryptocurrencies. A total of 100 billion RSR tokens have been issued, and all of them are already circulating in the market — additional tokens will not be rereleased into circulation.

The RSR altcoin acts as a reserve token for the Reserve ecosystem, thus solving two problems at once:

1. Lack of reserves supporting the digital asset. This causes apprehension among investors, which hinders any crypto project's capitalization growth.
2. Lack of demand for the asset. Thanks to the staking mechanism that incentivizes buying RSR tokens to generate revenue, the Reserve Rights platform maintains regular demand for its altcoin.

In addition to RSR, the Reserve Rights ecosystem includes another token, Reserve (RSV), a decentralized stablecoin funded by Silicon Valley investors. The Reserve Rights token and several other assets are used to back the Reserve stablecoin fully — this is another function of RSR.

Outlook for Reserve Rights

The Reserve protocol provides users with a reliable medium of exchange, protected from the risks of severe cryptocurrency volatility, and a savings and payment instrument that eliminates several shortcomings and limitations of the traditional financial system. Their location or arbitrary transaction limits do not limit users of the Reserve ecosystem and are less exposed to inflation risks.