🔅 #ReserveRights $RSR #RSRUSD
This price structure looks promising even if I have a few concerns regarding the project development, as Mainnet delay and the token circulating supply.
$RSR is an ERC-20 token that will serve 2 main purposes for the #ReserveProtocol: insuring Reserve Stablecoins #RTokens. Unlike other stablecoins that are typically backed by $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 cryptos managed by smart contracts.
#StoreOfValue #DeFi
This price structure looks promising even if I have a few concerns regarding the project development, as Mainnet delay and the token circulating supply.
$RSR is an ERC-20 token that will serve 2 main purposes for the #ReserveProtocol: insuring Reserve Stablecoins #RTokens. Unlike other stablecoins that are typically backed by $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 cryptos managed by smart contracts.
#StoreOfValue #DeFi