What is the Reserve Protocol? #intro Our mission is to provide every

Question

What is the Reserve Protocol? #intro Our mission is to provide every

person in the world access to stable currency, in order to avert the intense humanitarian hardship that comes from hyperinflation. 🌎

We do this by providing people in Latin American countries (Venezuela, Argentina, ...) with the Reserve mobile app. In the app, people can exchange their weak currency (such as Venezuelan Bolivars) into our stablecoin RSV - which is pegged to the value of the USD. This allows them to save and pay their money in USD - thereby keeping their purchasing power.

Reserve Rights (RSR) is the protocol's governance token and can be staked on the Reserve platform to insure the stablecoin in case of a collateral default & vote on governance proposals. ⚖️

By staking RSR, the RSR holder receives a passive income from the protocol. The profitability of this income will depend on the growth of the entire Reserve platform. 💰📈

#cryptocurrency #english #reserve

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17.10.2021