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Namaste Tribe! 🙏
You can now buy, sell, and trade $RSR in the INR market.
RSR/INR trading is live on WazirX! Share this
What does it mean for you?
- Deposits — You can deposit RSR on WazirX.
- Trading — You can buy, sell, and trade RSR in our INR market. When you buy $RSR, it will appear in your “Funds.”
- Withdrawals — You will be able to withdraw RSR in a few days after the listing.
About RSR
Reserve Rights (RSR) is an ERC-20 token that will serve two main purposes for the Reserve Protocol: over-collateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration.
The Reserve Rights (RSR) token was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Besides being the governance token for Reserve stablecoins (RTokens), by which changes to RTokens can be proposed & voted for with RSR, Reserve Rights exists as a backstop to make Reserve stablecoin (RToken) holders whole in the unlikely event of a collateral token default. In order for RSR holders to provide this over-collateralization, they can decide to stake on any one RToken, or divide their RSR tokens by staking on multiple RTokens. RSR holders can also decide not to stake their RSR at all.
- Trading price (at the time of writing): $0.001966 USD
- Global Market Cap (at the time of writing): $99,535,933 USD
- Global Trading Volume (at the time of writing): $2,834,892 USD
- Circulating Supply: 50,600,000,000 RSR
- Total Supply: 100,000,000,000 RSR
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Happy Trading! 🚀
Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
