About Reserve Rights (RSR)

What Is Reserve Rights (RSR)?

Reserve Rights (RSR) is an ERC-20 token that serves two main purposes for the Reserve protocol: overcollateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration.

The Reserve Rights (RSR) token was launched in May 2019 following a successful initial exchange offering IEO on the Huobi Prime platform.

What is Reserve Rights (RSR) used for?

Besides being the governance token for Reserve stablecoins (RTokens), by which changes to RTokens can be proposed & voted for with RSR, Reserve Rights exists as a backstop to make Reserve stablecoin (RToken) holders whole in the unlikely event of a collateral token default. In order for RSR holders to provide this overcollateralization, they can decide to stake on any one RToken, or divide their RSR tokens by staking on multiple RTokens. RSR holders can also decide not to stake their RSR at all.

In return for providing this first-loss capital, RSR stakers can expect to receive a portion of the revenue the RToken they stake on makes. As a general rule, RSR stakers can expect higher returns (APYs) the bigger the market cap of the RToken they stake on becomes.

In contrast with the “staking” you see in a lot of other projects these days, RSR staking is built to last. In Reserve’s model, late participants do not pay for early participants, nor is a trust in staking of other parties required.

For more detailed information on RSR staking, please refer to the RSR staking section in the protocol documentation: https://reserve.org/protocol/reserve_rights_rsr/#reserve-rights-staking.

Who are the founders of Reserve?

Reserve was co-founded by Nevin Freeman and Matt Elder. Freeman is a seasoned entrepreneur. He describes his life goal as "solving the coordination problems that are stopping humanity from achieving its potential."

Matt Elder, on the other hand, is an experienced engineer who previously worked for Go

ogle and Quixey, and worked to oversee the architecture of the Reserve protocol's technical implementation.

Since its launch in 2019, the amount of contributors to the Reserve ecosystem has grown considerably, including community, engineers, and legal and compliance staff — all unified under the shared ambition to position Reserve as an open, massively scalable stablecoin platform that promotes economic prosperity.

What Makes Reserve Rights Unique?

Unlike other stablecoins that are typically backed by U.S. dollars (USD) held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve stablecoins are backed by a basket of cryptocurrencies managed by smart contracts.

These baskets can consist of any ERC-20 assets. During the initial stages, RTokens mostly include other cryptocurrencies, such as liquid staking tokens (e.g. stETH) or yield-bearing DeFi position (e.g. cUSDC). Eventually, the Reserve community will transition to more diverse baskets, which might include fiat currencies, securities, commodities and complex asset types, like synthetics and derivatives. Read more about Reserve’s long-term goals here: https://reserve.org/protocol/our_long_term_goal/

How Many Reserve Rights (RSR) Coins Are There in Circulation?

Reserve Rights has a fixed supply of 100 billion tokens. Out of this, about 52% are currently in circulation as of September 2024.

The maximum token supply has already been pre-mined, but a large proportion is locked for various reasons, including 49.4% of the supply locked in a smart contract known as the "Slow wallet.” Funds from this wallet are released according to a deterministic schedule, which you can read more about here: https://blog.reserve.org/reducing-rsr-emissions-6da7f35917ba

The Reserve Rights token initially launched with a circulating supply of 6.85 billion tokens, of which 3% were distributed to Huobi Prime IEO participants, 2.85% released as project tokens and 1% to private investors. All team, advisor, partner, and seed investor tokens have been unlocked via one of two options - one that has started in January 2022, and the other that started upon the launch of the full Reserve protocol on Ethereum mainnet. Read all about the Reserve Rights unlocking schedule here: https://reserve.org/protocol/reserve_rights_rsr/#reserve-rights-release-schedule.

How Is the Reserve Rights Network Secured?

Reserve Rights is currently an ERC-20 token based on the Ethereum blockchain. As a result, it is secured against attacks by a robust proof-of-work (POW) consensus mechanism backed by a network of thousands of Ethereum miners.

Where Can You Buy Reserve Rights (RSR)?

Reserve Rights (RSR) is a popular token that currently maintains excellent liquidity.

It is available to purchase and trade on several of the most well-established cryptocurrency exchange platforms, including Binance, Huobi Global and OKX, and can be traded against various popular cryptocurrencies, including Bitcoin (BTC), Tether (USDT) and Ethereum (ETH), as well as the U.S. dollar (USD) on multiple platforms.

Reserve Rights Live Price & Market Data

The current live price of Reserve Rights (RSR) is $0.001770 USD as of the most recent market update. This price is aggregated from major cryptocurrency exchanges and reflects the global market consensus for Reserve Rights tokens. The cryptocurrency market operates 24/7, meaning RSR prices update continuously throughout the day, unlike traditional stock markets that have defined trading hours.

Key Market Metrics for RSR:

Current Price: $0.001770 USD
Market Capitalization: $110.74M
24-Hour Trading Volume: $5.19M
24-Hour Change: -0.60%
24-Hour Range: $0.001751 – $0.001830
Circulating Supply: 62,553,174,091 RSR
Category: Other

The market capitalization of $110.74M places Reserve Rights among significant digital assets in the cryptocurrency ecosystem. The 24-hour trading volume of $5.19M indicates moderate trading activity and market participation. The volume-to-market-cap ratio provides insights into the token's liquidity profile and trading efficiency.

For investors tracking RSR, the price data shown on Pricify is sourced from CoinGecko's detailed API, providing reliable and up-to-date market information. The current bearish sentiment with a decline of 0.60% in the last 24 hours offers a snapshot of recent market dynamics affecting Reserve Rights.

The all-time high price of Reserve Rights was $0.1174, reached on April 16, 2021. The current price of $0.001770 represents a 98.5% decline from the all-time high, which is a common metric used by investors to gauge potential upside relative to historical price levels.

How to Buy Reserve Rights (RSR) in India

Indian investors have several options to purchase Reserve Rights (RSR) through registered cryptocurrency exchanges. The process involves creating an account on a crypto exchange, completing KYC verification, depositing Indian Rupees (INR), and placing a buy order for RSR. Below are the most popular and trusted platforms for buying cryptocurrencies in India.

1. Coinbase – World's Largest Crypto Exchange

Coinbase is the largest publicly traded cryptocurrency exchange in the world, offering a secure and regulated platform to buy, sell, and store Reserve Rights and 200+ other cryptocurrencies. With advanced security features, FDIC insurance on USD balances, and an intuitive interface, Coinbase is ideal for both beginners and experienced traders. Indian users can sign up, complete verification, and start trading RSR with INR deposits via P2P or USDT pairs. Join Coinbase today to buy Reserve Rights and earn rewards.

2. Binance – Global Crypto Trading Leader

Binance is the world's largest cryptocurrency exchange by trading volume, offering deep liquidity for RSR trading pairs including RSR/USDT, RSR/BUSD, and more. Binance provides advanced trading features including spot trading, futures, margin trading, staking, and earn products. Indian users can access Binance through its global platform and use P2P trading to buy Reserve Rights with INR. Register on Binance to trade RSR with one of the lowest fee structures in the industry.

3. WazirX – India's Leading Crypto Exchange

WazirX is one of India's most popular cryptocurrency exchanges, offering direct INR deposits via UPI, net banking, and bank transfers. The platform is fully compliant with Indian regulations and provides a seamless experience for buying Reserve Rights with Indian Rupees. With the WazirX auto-buy feature, you can set up recurring purchases of RSR to average your entry price over time. Sign up on WazirX to start investing in Reserve Rights with INR directly.

Steps to Buy RSR in India:

Choose a cryptocurrency exchange — Coinbase (global), Binance (global, high liquidity), or WazirX (India-focused).
Complete account registration and mandatory KYC verification (Aadhaar and PAN card).
Deposit INR via UPI, net banking, or P2P trading, or deposit USDT from another wallet.
Search for the RSR trading pair (e.g., RSR/INR, RSR/USDT).
Enter the amount you wish to spend and place a buy order at market price or set a limit order at your desired price.
Store your Reserve Rights tokens securely in the exchange wallet or transfer to a private wallet like MetaMask or Ledger for long-term holding.

Disclaimer: Cryptocurrency investments are subject to high market risk and price volatility. Past performance does not guarantee future returns. Please do your own research and consider consulting a financial advisor before investing in digital assets. The Indian government has imposed a 30% tax on crypto gains and 1% TDS on transactions.

Reserve Rights Price History & Analysis

Understanding the price history of Reserve Rights (RSR) is crucial for making informed investment decisions in the cryptocurrency market. Reserve Rights\'s price journey reflects the broader trends in the Other sector as well as project-specific developments, market sentiment shifts, and the evolving regulatory landscape for digital assets.

The current price of $0.001770 shows a negative trend over the last 24 hours with a change of 0.60%. Looking at broader timeframes, the 7-day change of 8.47% (up) and 30-day change of 19.39% and 1-year change of 68.94% provide context for medium to long-term price trends.

Key Price Levels for RSR:

Current Price: $0.001770
24-Hour High: $0.001830
24-Hour Low: $0.001751
All-Time High (ATH): $0.1174 (Apr 16, 2021)
Market Cap Rank: Among Other category projects
Volume/Market Cap Ratio: 4.68%

The interactive chart above allows you to analyze Reserve Rights\'s price action across multiple timeframes — from intraday 1D charts for short-term traders to all-time charts for long-term investors. Use the chart tabs to switch between 1-day, 7-day, 1-month, 3-month, 1-year, and all-time views. The chart includes price data points and trend visualization to help identify support and resistance levels, trendlines, and potential breakout patterns for RSR.

Technical analysis of Reserve Rights should be combined with fundamental factors such as network activity, development updates, partnership announcements, and overall market conditions in the Other sector. The volume data of $5.19M in the last 24 hours provides insight into the level of market participation and liquidity available for RSR traders.

FAQs about Reserve Rights (RSR)

What is the current price of Reserve Rights (RSR) today?

The current live price of Reserve Rights is $0.001770 USD. The price is updated in real-time from CoinGecko's aggregated market data across multiple cryptocurrency exchanges. In the last 24 hours, RSR has traded between $0.001751 and $0.001830, with a 24-hour change of 0.60%.

How can I buy Reserve Rights in India?

Indian users can buy Reserve Rights through popular cryptocurrency exchanges like Coinbase, Binance, or WazirX. The process involves creating an account, completing KYC verification with Aadhaar/PAN, depositing INR through UPI or bank transfer, and placing a buy order for RSR on the exchange.

What is the market cap of Reserve Rights?

The current market capitalization of Reserve Rights is approximately $110.74M. Market cap is calculated by multiplying the current price ($0.001770) by the circulating supply (62,553,174,091 RSR tokens). This metric ranks Reserve Rights among other digital assets in the cryptocurrency ecosystem.

What category does Reserve Rights belong to?

Reserve Rights is classified under the Other category. The Other sector of the cryptocurrency market includes projects that share similar technological characteristics, use cases, and market dynamics. Investors often use category classification to build diversified crypto portfolios and compare project performance within the same sector.

Is Reserve Rights a good investment?

Whether Reserve Rights (RSR) is a good investment depends on your individual risk tolerance, investment goals, and market outlook. The cryptocurrency market, including the Other sector, is known for high volatility. The current price of $0.001770 is 98.5% below its all-time high of $0.1174. We recommend conducting thorough research, diversifying your portfolio, and consulting a financial advisor before investing in cryptocurrencies. Use our interactive chart and market data above to conduct your own analysis of Reserve Rights.

Reserve Rights (RSR) Price Live Today

Reserve Rights Live Price Chart