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Crypto Jeta-

What is the deference between Rsr and rsv?

#cryptocurrency #english #reserve
0

2 ответов

9 просмотров
Sinatra-

Hello there, take a look at the message below regarding Reserve's #tokens - that should clear it up for you 👇

0
12.02.2022
Rose-
Sinatra
Hello there, take a look at the message below rega...

The Reserve protocol allows anyone to create stablecoins backed by baskets of ERC-20 tokens on Ethereum. Any stablecoin created within the Reserve ecosystem is called an RToken. Initially, the Reserve team will release two RTokens: 1️⃣ The Reserve Dollar (RSV): a simple USD-pegged token backed by three USD stablecoins (USDC, PAX, TUSD). This token serves as the checking account in the Reserve app. 2️⃣ UndefinedName (UndefinedTicker): a stablecoin backed by DeFi-yield bearing assets such as aUSDC, cUSDC, etc. This token generates yield for the holder automatically, without them having to go through complex staking/LP processes. This token serves as the savings account in the Reserve app. 3️⃣ The Reserve Rights token (RSR): the token that provides insurance & governance for RTokens. You can expect the value of this token to fluctuate depending on demand of the market. Click here to read more about RSR staking.

0
12.02.2022

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Hi Yall, I just found RSR and am reading through the website and twitter to further understand more about it. I do have some questions I hope you could help me with. 1. RSR ...

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