What is Reserve Rights?
Reserve Rights is a dual token stablecoin ecosystem comprised of the hyper-inflation proof ERC-20 Reserve stablecoin RSV and Reserve Rights token RSR. Reserve Stabilization Protocol is designed to hedge against risks of transacting in volatile currencies through diversification, providing a cost-effective solution to send money across borders and transact in stable value digital currency while utilizing a decentralized governance mechanism. By providing a flexible pool of stablecoin to be used by everyday people and businesses in countries with high inflation rates. Businesses can use Reserve Rights native ERC-20 token RSR to accept payment, as well as to pay international suppliers while avoiding risk of under-collateralization presented by inflation-prone local currencies. In the future Reserve Rights intends to back RSV by an increasingly diverse basket of assets including USD Coin (USDC), TrueUSD (TUSD), and Paxos Standard (PAX), thus moving away from its U.S. dollar peg to create an alternative reserve asset where RSV tokens represent fractional ownership of the overall collateral pool.
