things get very interesting with Rtokens "the higher the market cap of RTokens, the more revenue will be generated for RSR stakers, which would raise the APY." so what exactly it is?
What do you mean exactly? Not sure what your question is.
I mean what is Rtoken and why there will be about handful of them?
sorry, found it now As for your question about Reserve creating RTokens: we’ve somewhat decided that it’s probably best for the Reserve core team not to create any RTokens ourselves, but rather share our ideas about what excellent RTokens might be with the community, letting the community create their own version of them, and us then choosing which ones we think it might be worth deploying some of the treasury funds for (e.g. for adoption initiatives). This is most in line with the decentralization ethos.
so Rtoken is kind of ultimate stable coin that any one can make
You may enjoy this podcast Jack - it's quite in-depth and an hour, but it does go really well into the idea of RTokens evolving through basket variety and governance as time goes by (as in, think years as well as months)
thanks, I guess Rtoken is some kind of stage 3 - final stage of the protocol. Very smart move
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