Starting now, wallets are open and you can begin depositing RSR into your Poloniex account and posting limit orders for RSR/USDT. Full trading for RSR will be enabled later today.
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What is Reserve? The Reserve Protocol aims to build a universal store of value. Their initial production version operates in a substantially centralized way but over time, each protocol component will be migrated on-chain and eventually become fully decentralized. They plan to do this in three phases: the centralized phase, the decentralized phase, and the independent phase. The Reserve Protocol currently interacts with three kinds of tokens: the Reserve token (RSV), the Reserve Rights token (RSR), and collateral tokens. RSV is meant to be a stable currency that can be held or spent like other stable fiat money. RSR is a token that is used to facilitate the stability of RSV. Deposit RSR now and begin trading.
RSR Stats Price: $0.02599103
Market Cap: $178,436,671
Market Cap Rank: #77
24h Trading Volume: $38,917,522
7d High / 7d Low: $0.01944241 / $0.02883009
All Time High: $0.02883009 (August 25, 2020)
All Time Low: $0.00121354 (March 16, 2020)
Circulating Supply: 6,847,804,000 RSR
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was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.