Reserve Rights Price, News and Analysis (RSR)

The Reserve Protocol holds the collateral tokens that back the Reserve token. When new Reserves are sold on the market, the assets used by market participants to purchase the new Reserves are held as collateral. This process keeps the Reserve collateralized at a 1:1 ratio even as supply increases. At times, the Reserve Protocol may target a collateralization ratio greater than 1:1. When this is the case, scaling the supply of Reserve tokens requires additional capital in order to maintain the target collateralization ratio. To accomplish this the Reserve Protocol mints and sells Reserve Rights tokens in exchange for additional collateral tokens. Collateral tokens are somewhat volatile. While we may be able to select a portfolio with minimal downside risk, the reality is that drops in the collateral tokens' value will happen. When this happens, the Reserve Protocol will sell newly minted Reserve Rights tokens for additional collateral tokens and add them to the backing. (Description provided by CryptoCompare)

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Reserve Rights.

Reserve Rights produces its own wallet software that is available for download on its website, which allows you to store Reserve Rights on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Reserve Rights (RSR) is currently worth $0.04 on major cryptocurrency exchanges. You can also exchange one Reserve Rights for 0.00000084 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Reserve Rights in U.S. dollars is $519.69 million.

Reserve Rights is a coin that uses the ETH Token algorithm.

The following coins use Reserve Rights's ETH Token algorithm and proof-type: Binance USD, Chainlink, Polygon, FTX Token, DREP, DREP [old], Dai, THETA, PancakeSwap, Aave, Crypto.com Coin, Axie Infinity, The Graph, Fantom and Maker.