BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

BITCOIN

₹62,19,301.53

4.505%

ETHEREUM

₹3,26,846.29

2.382%

TETHER USDT

₹93.05

0.066%

BNB

₹55,351.16

4.011%

SOLANA

₹15,755.64

5.909%

USDC

₹93.00

0.001%

XRP

₹53.28

0.354%

DOGECOIN

₹11.71

5.106%

CARDANO

₹40.85

3.192%

TRON

₹12.53

0.136%

AVALANCHE

₹2,622.83

3.375%

SHIBA INU

₹0.001665

2.89%

POLKADOT

₹590.04

3.877%

CHAINLINK

₹1,307.90

3.134%

BITCOIN CASH

₹36,382.62

1.986%

NEAR PROTOCOL

₹598.19

5.813%

LITECOIN

₹6,842.29

2.941%

PEPE

₹0.001176

8.062%

POLYGON

₹49.65

3.198%

UNISWAP

₹742.56

1.591%

Home

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Reserve-rights

RSR

Reserve Rights

RSR

₹0.54

LIVE

24H Low ₹0.51

24H High ₹0.55

Price of RSR today

The current live price of RSR today is ₹0.54, with a 24-hour trading volume of ₹1,51,87,83,424.08. Our RSR to INR price is updated in real-time. RSR has seen a increment of 5.37% in the last 24 hours. With a live market cap of ₹27,56,32,58,334.84 , the circulating supply is at 50,600,000,000 RSR coins, with a maximum supply of 100,000,000,000RSR coins.

Reserve Rights Price History

Date ComparisonAmount Change% Change
Today₹0.03

5.18%

7 Days₹0.11

26.25%

30 Days₹0.001395

0.26%

1 Year₹0.35

173.85%

Reserve Rights Price Information

Price Change (1hr)

5.1%

Price Change (24hr)

5.18%

Price Change (7d)

26.25%

Reserve Rights Market Stats

Market Cap

₹27,56,32,58,334.84

Fully Diluted Market Cap

₹54,47,28,42,559.77

24hr Volume

₹1,51,87,83,424.08

3.21%

Circulating Supply

50600000000 RSR

Total Supply

100000000000 RSR

Things to know about Reserve Rights

What is the token?

Reserve Rights (RSR) is an ERC-20 utility and governance token that plays a crucial role in the Reserve Protocol, a decentralized finance (DeFi) platform aimed at creating stable, asset-backed cryptocurrencies (referred to as RTokens). The Reserve Protocol operates on the Ethereum blockchain and allows users to create and manage these RTokens without writing any code. RSR token holders can stake their tokens to provide over-collateralization for RTokens, protecting them against default. Additionally, RSR holders have governance rights, enabling them to propose and vote on changes to the Reserve Protocol and its stablecoins.

Tokenomics

  • RSR is an ERC-20 token used within the Reserve Protocol ecosystem.

  • The total supply of RSR tokens is 100,000,000,000 RSR.

  • It serves as a governance token, allowing holders to vote on protocol proposals.

  • RSR is used for the recapitalization of the Reserve stablecoin (RSV) if the value of the collateral tokens falls.

  • Staked RSR can earn a portion of the revenue generated by RTokens and is at risk in the event of collateral default.

Market Data

As of today #{today’s date}, the price of Reserve Rights is ₹0.54 INR or 0.005843 USD, with a 24-hour trading volume of 16331004.56 USD. The market capitalization for Reserve Rights is 296379121.88USD. The circulating supply is 50600000000 Reserve Rights, with the total supply also being 100000000000 Reserve Rights.

Token Pros and Cons

Pros:

  • Governance Participation

  • : RSR holders can influence the Reserve Protocol’s direction through governance rights.

  • Staking Rewards

  • : Stakers can earn revenue from the RTokens they support.

  • Overcollateralization

  • : Provides a safety net for RTokens, potentially increasing trust in the Reserve ecosystem.

  • Utility in DeFi

  • : RSR’s integration into the DeFi ecosystem offers various use cases, including creating stablecoins.

  • Accessibility

  • : The Reserve Protocol allows for the easy creation and management of RTokens, which could lead to widespread adoption.

Cons:

  • Market Volatility

  • : As with all cryptocurrencies, RSR is subject to market volatility.

  • Smart Contract Risks

  • : Potential for bugs in smart contracts that could be exploited.

  • Regulatory Uncertainty

  • : The evolving regulatory landscape could impact the Reserve Protocol and RSR.

  • Collateral Risk

  • : If the collateral assets experience extreme volatility, it could affect the stability of RTokens and the value of RSR.

  • Competition

  • : The stablecoin and DeFi space is highly competitive, which could impact the adoption and success of RSR.

Why Should You Invest in the coin?

  • Innovative Stablecoin Solution

  • : Reserve Protocol’s approach to creating stable, asset-backed currencies is unique and could gain traction in the DeFi space.

  • Potential for Appreciation

  • : As the Reserve Protocol grows and more RTokens are created, the demand for RSR could increase, potentially leading to price appreciation.

  • Staking Incentives

  • : The opportunity to earn revenue through staking RSR provides an attractive incentive for investors.

  • Governance Power

  • : Holding RSR grants governance rights, giving investors a say in the future of the protocol.

  • Diversification

  • : Investing in RSR could diversify a cryptocurrency portfolio, especially for those interested in the DeFi and stablecoin sectors.

USP of the coin

  • Dual Role

  • : RSR serves both as a governance token and as a mechanism for stabilizing RTokens, setting it apart from other cryptocurrencies.

  • Trustless Staking

  • : RSR’s staking system is designed to be trustless and sustainable, which is not always the case with other staking models.

  • Decentralized Governance

  • : The Reserve Protocol emphasizes community-driven, transparent governance, allowing RSR holders to actively participate in decision-making.

Problem the coin is solving

The Reserve Protocol, supported by RSR, aims to solve the problem of currency volatility and loss of purchasing power, particularly in countries with high inflation. It provides a stable, decentralized currency alternative that can maintain its value over time.

Founder and team background

The Reserve Protocol was co-founded by Nevin Freeman and Matt Elder. Freeman is the CEO with a background in entrepreneurship, while Elder, the CTO, has experience in software engineering, including work at Google.

ICO Price

  • ICO Price: 1 RSR = $0.0011 USD.

  • Listing Date: May 22, 2019.

  • Initial Allocated Units: 100,000,000,000 RSR tokens.

Risks Associated in Investing in the Coin

  • Regulatory Risks

  • : Changes in cryptocurrency regulations could negatively impact RSR.

  • Market Volatility

  • : The price of RSR can be highly volatile, leading to potential losses.

  • Collateral Fluctuations

  • : The value of RTokens, and by extension RSR, is dependent on the underlying collateral, which can fluctuate.

  • Smart Contract Vulnerabilities

  • : Bugs or exploits in the Reserve Protocol’s smart contracts could lead to loss of funds.

  • Competition

  • : The success of RSR is contingent on the Reserve Protocol’s ability to compete with other stablecoin projects.

Whitepaper Insights

The Reserve Protocol whitepaper presents a comprehensive framework for a stable, decentralized currency system designed to address the volatility inherent in traditional cryptocurrencies and the inflationary tendencies of fiat currencies. The protocol introduces a dual-token model consisting of the Reserve token (RSV), a stablecoin pegged to the US dollar, and the Reserve Rights token (RSR), which serves as a utility and governance token.

The Reserve Protocol operates on the Ethereum blockchain and allows for the creation of asset-backed stablecoins, referred to as RTokens. These RTokens are backed by a basket of ERC-20 tokens, and their value is maintained through a system of arbitrage opportunities. If the market price of an RToken deviates from its intended peg, arbitrageurs are incentivized to either mint or redeem RTokens to capitalize on the price difference, thus bringing the price back to its target.

RSR plays a pivotal role in the Reserve Protocol by providing a mechanism for recapitalization in the event of collateral depreciation. RSR holders can stake their tokens to overcollateralize RTokens, offering a buffer against default. In return, stakers can earn a portion of the revenue generated by RTokens. This staking process is designed to be trustless, relying on on-chain price feeds without the need for governance votes or human intervention.

The Reserve Protocol aims to create a stable and scalable digital currency that can serve as a reliable store of value, especially in regions affected by high inflation. It envisions a future where the RSV stablecoin could move away from the US dollar peg and maintain a stable value determined by the token itself. The protocol is permissionless, allowing anyone to deploy an RToken with their chosen governance system and revenue distribution model.

The whitepaper also discusses the Reserve Manager, a smart contract that pools and holds the assets collateralizing the RSV token. The Reserve Vault is funded through transaction fees and capital gains from the assets held. The stability of the RSV token is maintained through a balance of supply and demand, with mechanisms in place to adjust the circulating supply in response to market fluctuations.

In summary, the Reserve Protocol whitepaper outlines a novel approach to creating a decentralized stable currency that can withstand economic instability and provide a viable alternative to both volatile cryptocurrencies and inflation-prone fiat currencies. The protocol’s design emphasizes transparency, security, and community-driven governance, with the ultimate goal of fostering financial inclusion and economic stability on a global scale.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

RSR to Converter

Quantity

RSR

RSR

Price

fiat

Price as per 11:24 PM • 19 Jul 2024

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What is the price of Reserve Rights (RSR)?

The current price of Reserve Rights (RSR) in INR is ₹0.54 INR.

What is the current RSR market cap?

The current market capitalization of Reserve Rights (RSR) is ₹27,56,32,58,334.84 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of RSR by the number of coins in circulation.

What is the current supply of Reserve Rights (RSR)?

The current supply of Reserve Rights (RSR) is 50600000000 RSR. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Reserve Rights (RSR)?

The 24-hour trading volume of Reserve Rights (RSR) in INR is ₹1,51,87,83,424.08. This figure represents the total value of all RSR transactions across various exchanges within the last 24 hours.

How to Buy Reserve Rights (RSR) in India?

To buy Reserve Rights (RSR) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in RSR.

Can I buy Reserve Rights (RSR) with UPI?

Yes, you can buy Reserve Rights (RSR) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Reserve Rights (RSR) to Indian Rupee (INR)?

To convert Reserve Rights (RSR) to Indian Rupee (INR), you can use our RSR/INR conversion rates in real time.

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