Overview
Reserve Protocol is a decentralized stablecoin platform designed to create fully decentralized stable cryptocurrencies (RTokens) by aggregating tokenized assets. Its ultimate goal is to provide an alternative to traditional fiat currencies.
Key Metrics (Latest Data)
- Current Price: $0.006956 ๐ (-4.36%)
- 24h Trading Volume: $23,201,752.72 ๐ (-12.41%)
- Market Cap: $403,106,125.47 (#127 ranking)
- Fully Diluted Valuation: $695,624,000
- Circulating Supply: 57,911,733,088 RSR
- Total Supply: 100,000,000,000 RSR
Historical Price Extremes
| Price | Date | |
|---|---|---|
| All-Time High | $0.1174 | April 16, 2021 |
| All-Time Low | $0.001213 | March 16, 2020 |
Technical Analysis
| Timeframe | Change |
|---|---|
| 1h | +0.04% |
| 24h | -4.36% |
| 7d | -10.59% |
| 30d | -4.54% |
| 90d | -15.92% |
Project Fundamentals
Core Features
- Decentralized Stability: RTokens maintain their value through collateralized assets rather than centralized governance.
- Multi-Asset Backing: Uses diversified crypto assets to mitigate volatility risks.
- Transparent Operations: All transactions and collateral ratios are verifiable on-chain.
Recent Developments (2024)
- Formation of ABC Labs (protocol development) and Confusion Capital (ecosystem growth).
- Expanded partnerships with DeFi platforms for RToken integrations.
Ecosystem Growth
Funding History
- Seed Round: $4.96M (August 2018)
- Private Round: $2M (December 2018)
- Total Raised: $9.96M
๐ Explore Reserve Protocol's latest partnerships
Community Sentiment
Today's RSR Poll:
"How are you feeling about $RSR today?"
Total Votes: 10,439
(User comments reflect opinions only, not financial advice.)
Competitive Landscape
Comparable Projects
- MakerDAO (DAI): Centralized governance but widely adopted.
- Frax Finance: Hybrid algorithmic/collateralized model.
- Liquity (LUSD): Minimal governance with ETH backing.
๐ Compare stablecoin protocols in detail
FAQ
1. How does Reserve Protocol ensure price stability?
RTokens use over-collateralization with diversified assets, automatically rebalancing to maintain pegs during market fluctuations.
2. Where can I buy RSR tokens?
RSR is listed on major exchanges like Binance, OKX, and Coinbase. Always verify contract addresses to avoid scams.
3. Whatโs the long-term vision for Reserve?
To replace fiat currencies in unstable economies by providing censorship-resistant, inflation-proof alternatives.
4. How is Reserve different from other stablecoins?
Unlike USDC/USDT, RTokens are fully decentralized with no single-point-of-failure custodian.
5. Can I stake RSR?
Yes, RSR holders can participate in protocol governance and earn rewards through collateral backing.
6. What risks should investors consider?
Smart contract vulnerabilities and collateral devaluation are key risks. Always DYOR before investing.
Conclusion
Reserve Protocol pioneers decentralized stability with its innovative RToken system. While market adoption is growing, its success hinges on broader DeFi integration and regulatory clarity.