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Azar-Alizada

Minting rsv burns rsr?

#cryptocurrency #english #reserve
0

1 ответов

16 просмотров
Sinatra-

No, it does not. RSV is backed by 3 USD stablecoins (USDC, USDP & TUSD) and can be minted at portal.reserve.org. This basically means that, for every RSV in circulation, the protocol keeps 1/3th of each of those tokens in a smart contract vault. The RSV holder can at each time redeem their RSV for the underlying tokens. Reserve Rights (RSR) is the insurance & governance token - it has a fixed supply of 100b (there is no minting & burning of RSR).

0
02.05.2022

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Oh ok, where can I see current active road map, and also any idea if the road map ever amended?

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Hello, this is $Reserve Protocol official administrator, are you in need of support and have you claimed your reward? I got this massage from somebody claim as sinatra, offic...

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Just saw Nevin’s @nnevvinn tweet explaining the protocol in detail, happy about that. Thanks However, have a few questions and it would be helpful if this can be answered. ...

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Q1: I would like to stake my $RSR after mainnet, what kind of "Black Swan events" can happen during that time ? (And how that will look if this Black Swan event will come. I j...

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Hello, can you tell me any good news?😅 I was holding $118k of RSR which is now only around $60k🤦 when it can be go up at least to my BEP?🧐

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What is this USDT Airdrop for RSR on kucoin right now?

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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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