Header banner
Revain logoHome Page
Digital Convict photo
Destination Anywhere
4 Level
58 Review
153 Karma

Review on Reserve Rights by Digital Convict

Revainrating 4 out of 5

Black circle & White #

Reserve Rights Token a.k.a. RSR is an ERC-20 collateral token to facilitate the stability of RSV on the "Reserve protocol" implementation:
  • Reserve - A flexible pool of DAI, BUSD, USDC, TUSD & Pax (Stablecoins based on USD) But in the Portal are only PAX, TUSD and USDC availables. You can conect your Metamask Wallet to generate or redeem RSV.
  • Reserve- DApp for buy, holding or spend digital US dollars ( At the moment only available for Android)
  • RSV - Reserve tokena, "Stable cryptocurrency" to be spend like USD.
  • The objective of the project is "reduce the risk through diversification & decentralized". The Protocol holds the RSR, when new RSV are sold new Reserves are held as collateral, keeping 1:1 ratio.
    Today the project, at their voice "users are primarily normal people and business owners in Venezuela. Cashing-in/out on PayPal & Zelle.
    It is a stable currency, traders can earn some money on the little diference when dollar up or down; The mission project is expand this method around the world.

    

    Pros
    • Great vision
    Cons
    • Not for speculators