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Victor-

One last question ? 😁😁

#cryptocurrency #english #reserve
0

3 ответов

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Sinatra-

Of course, I'm here all day!

0
06.08.2022
Victor- Автор вопроса
Sinatra
Of course, I'm here all day!

Let's say I'm interested in getting some "Rtoken1". I have to mint them right? With which asset(s) do I have the possibility to do this? In other words, do I have to buy Rtoken1 with one of the X assets that back the Rtoken1?

0
06.08.2022
Sinatra-
Victor
Let's say I'm interested in getting some "Rtoken1"...

In order for you to acquire some "RToken1", you have two options - either you mint it by providing all the necessary collateral assets (similar to how you can mint RSV by bringing USDC, TUSD & USDP to portal.reserve.org) or you buy it directly on a decentralized exchange such as Curve. You might have seen that Reserve has recently entered the Curve Wars. We did this so that we can incentivize early liquidity for RTokens on Curve. Easier put, "RToken1" will likely be available on Curve directly for you to buy with (e.g.) USDT or USDC. It will be cheaper for you to buy it there versus minting due to minting gas fees being more expensive.

0
06.08.2022

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