>Wtf is RSR/RSV?
RSR = Reserve Rights - Used as collateral to keep RSV stable at $1, when used its burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1. It is a volatile asset intended to have a high price.
RSV = Reserve - The stable crypto that is economically and legally robust at any scale. Decentralized, 100% asset backed, and funded by top Silicon Valley investors. It is literally the most technologically advanced stable coin concept to date in a world where the current stable coins have more problems than a tranny trying to figure out what public bathroom to use. In short, RSV is the only stable coin concept that isnt a literal shitcoin. Just look at DAI, just the other week it was $0.93! MakerDAO cannot scale for use as a global stable currency, as of right now only the Reserve protocol fits the criteria checklist for that use case.
IMPORTANT UPDATES
>RSR burnrate confirmed at 2-5% annually in USD value of the total supply by Reserve devs.
>Huobi is building a DeFi that will support RSV
>Entirely regulatory compliant
>RSV launch with app in August (rumored insider info)
>New RSR exchange listings in Q4 (also rumored)
Available Supply data:
>The circulating supply for the first 3 years is closer to 20 billion as the reminder are essentially in a staked state.
>55 billion is held by the Reserve team to do burns so that more RSV can be minted
>In the event of minting new RSR the total supply will never exceed 100 billion as per dev data
Circulating supply on CMC is incorrect
>coingecko.com
Price projections:
2019 eoy: $0.05
2020 eoy: $0.40
2021 eoy: $1.30
Reserve crash course: Let /ourPajeet/ show you da wae
www.youtube.com/watch?v=egq7FnyED3A
www.youtube.com/watch?v=TuZp7n4oarM
Dev site: reserve.org
Whitepaper: reserve.org
Intro: youtube.com/watch?v=jydF88bwXco
Telegram: t.me/reservecurrency
RSR Deep Research Discord: jyXx96Q