Buy Reserve Rights

Reserve Rights is a stablecoin platform that addresses the effects of economic instability and inflation. The project specifically targets countries where these issues are common. By using blockchain technology, Reserve Rights creates a stable, decentralized currency that is not subject to the aforementioned instabilities.

The Reserve Rights ecosystem consists of two tokens: the Reserve Rights Token (RSR) and the Reserve stablecoin, called RToken (formerly known as RSV). RToken is valued at the same rate as the US dollar, while RSR contributes to its stability. This is achieved through a system that allows RSR token holders to buy RTokens at a lower price when the price is about to drop, thus maintaining the stability of the stablecoin.

How does Reserve Rights provide a solution to economic instability and inflation? The platform allows users to convert their local currency into RTokens to protect themselves from inflation of their own currency. In addition, the platform also provides a cost-efficient way to make international payments and transfers.

Who founded Reserve Rights?

Reserve Rights was founded in 2019 by Nevin Freeman and Matt Elder. Freeman serves as CEO of the project and is a proven entrepreneur with extensive experience. Elder is CTO and has a technical background at renowned companies such as Google and Quixey. The Reserve Rights team consists of over 200 experts, including developers and legal advisors, with the support of prominent investors such as Coinbase Ventures and Peter Thiel.

Reserve Rights has various functions and applications. It can be used for the following situations:

• Inflation protection: Reserve Rights aims to provide a safe store of value in high-inflation economies with the Reserve stablecoin. This protects people’s wealth from depreciation.
• International payments: Users can make cross-border transactions affordably and efficiently.
• Staking: Users can stake RSR tokens to contribute to the functionality of the protocol and receive rewards in the form of additional RSR tokens.
• Crypto trading: RSR offers investors the opportunity to speculate on the growth and development of Reserve Rights, thereby supporting crypto trading.

Reserve Rights uses Ethereum's blockchain, benefiting from the security and transparency that this blockchain offers.

The Reserve Rights protocol operates on a dual-token system. RToken acts as a stablecoin, while RSR serves as a token that ensures the stability of RToken. RToken is designed to always maintain a value of $1, backed by a basket of assets managed by smart contracts on the Ethereum blockchain.

Reserve's stability mechanism

RSR tokens are used to stabilize the value of RToken through arbitrage. When the value of RToken drops below $1, RSR is used to buy back RTokens, stabilizing the price. This system ensures that RTokens remain stable, while RSR token holders have the opportunity to contribute to the stability of the network.

In addition to RSR tokens, Reserve stablecoins are backed by several other ERC-20 tokens. The basket of cryptocurrencies, which is managed by smart contracts on Ethereum, includes stablecoins such as USD Coin (USDC), True USD (TUSD), and Paxos Dollar (USDP), as well as DeFi stablecoins such as Compound (cUSDC) and Aave Dai (aDAI). This diversity ensures that the stable value of Reserve stablecoins does not depend on a single asset, ensuring the safety and stability of the Reserve stablecoin.

The Reserve Rights Token (RSR) is an ERC-20 token and plays an important role in the Reserve Rights ecosystem. The main purpose of this token is to ensure the stability of the Reserve stablecoin. RSR token holders have the ability to intervene when the value of RToken fluctuates against the US dollar.

In addition, RSR is used to submit and vote on proposals within the ecosystem, allowing token holders to have a direct influence on the future direction of the platform. There are a total of 100 billion RSR tokens available, which should ensure sufficient circulation to support the stability of RToken.

RSR vs. RToken

The main difference between RSR and RToken lies in their function and stability. RToken is a stablecoin that always maintains a stable value of $1, making it ideal for transactions and store of value. On the other hand, RSR is volatile and acts as a tool to maintain the stability of RToken. RSR also has governance functions within the Reserve Rights ecosystem.

Reserve Rights distinguishes itself through the following features:

• Dual-token system: Reserve Rights uses two tokens, namely RSR and RToken, to ensure stability and functionality within the ecosystem. RToken is a stablecoin, while RSR has various functions such as governance and providing stability for RToken.
• Focus on stability: Creating a reliable store-of-value is a major challenge in the world of cryptocurrencies, given the volatility of many digital currencies. Reserve Rights focuses on solving this problem by offering a stable cryptocurrency.
• Arbitrage system: Reserve Rights uses an arbitration system where RSR tokens are used to increase or decrease the price of the Reserve stablecoin. This ensures that the value of RToken remains constant.
• Cryptocurrency backing: Unlike many other stablecoins that are backed by fiat currencies in bank accounts, RTokens’ stable value is backed by a basket of cryptocurrencies, of which RSR is a large component. In addition to RSR, there are also other ERC-20 tokens present, including other stablecoins such as USD Coin (USDC), True USD (TUSD), and Paxos Dollar (USDP).

You can buy Reserve Rights (RSR) at Bitvavo, a platform that is accessible to both novice and experienced traders. Follow these steps to purchase RSR on our website or via our mobile app:

1. Register or log in to your Bitvavo account.
2. Make a deposit by clicking "Deposit".
3. Visit the Reserve Rights purchase page.
4. Choose the amount in euros you wish to invest or the number of RSR coins you want to buy and confirm by clicking "Buy".

The price of RSR tokens depends on the current market value. After purchase, RSR tokens are added directly and automatically to your Bitvavo account, where you can also easily sell them. This allows you to quickly and effectively respond to market movements and price changes.

Store your Reserve Rights safely within your Bitvavo account, where we protect the majority of customer funds in cold wallets managed offline for maximum security. Enabling two-factor authentication (2FA) is highly recommended as an additional security measure.

If you prefer personal storage, most software and hardware wallets support Reserve Rights. You can purchase RSR and transfer it to an external wallet by first adding the wallet address to your Bitvavo account, giving you full control over your tokens.