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Reserve Protocol Reserve Protocol
Anuki-

When will the reserve app in English come out, also

staking?

#cryptocurrency #english #reserve
0

3 ответов

21 просмотр
Sinatra-

Hey Prince, since the Reserve app is currently only fully accessible in Venezuela, Argentina, Colombia & Panama, it is only available in Spanish. It will become available once we expand into countries where a lot of English is spoken. Staking of RSR will be available on mainnet launch of the Reserve Protocol and will happen on the Reserve dApp. Our current estimation is that all of this will be released around April.

0
23.01.2022
Brandon-d
Sinatra
Hey Prince, since the Reserve app is currently onl...

Hi, Sinatra Could you let us know the expected APY when the mainnet is launched?

0
23.01.2022
Sinatra-
Brandon d
Hi, Sinatra Could you let us know the expected APY...

There won't be a fixed APY, it will be dynamic based on a few parameters, the most important ones being (a) the current circulating supply/market cap of the Reserve stablecoin you decide to stake on and (b) the amount of RSR staked on that stablecoin. The more popular a Reserve stablecoin becomes, the more attractive it could be to stake RSR on it (as its APY might be higher). However, higher APY stablecoins will then again attract more RSR holders to want to stake their tokens on that stablecoin, diluting the APY for the rest of the RSR stakers in that pool.

0
23.01.2022

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