What is Reserve Rights (RSR)

1. Project Introduction
The Reserve Rights (RSR) token is part of the Reserve Protocol ecosystem, which launched in 2019. It supports the mission of enabling global adoption of cryptocurrencies by allowing users to create and use stablecoins. The ecosystem includes the Reserve Protocol, the Reserve app, and the RSV stablecoin.
Summary:
RSR is an ERC-20 utility and governance token that serves two main functions:
Over-collateralizing Reserve stablecoins (RTokens) via staking.
Participating in governance through proposal and voting mechanisms.
2. Team & Investment Info
Nevin Freeman (Co-founder): Serial entrepreneur and founder of RIABiz, MetaMed Research, Paradigm Academy, and currently chairman of Confusion Capital.
Matt Elder (Co-founder): Former engineer at Google and Quixey, architecting the technical implementation of the Reserve Protocol.
Funding:
Seed: $4.96M
ICO: $360K
Private Round (Dec 2018): $2M
IEO on HTX Primelist: $3M
Notable Investors: Coinbase Ventures, Shima Capital, Arrington XRP Capital
3. Social Media URLs
X: https://x.com/reserveprotocol
Telegram: NA
Discord: https://discord.com/invite/reserveprotocol
4. Token Info
Token Symbol: RSR
Total Supply: 100,000,000,000
Token Type: ERC
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x320623b8e4ff03373931769a31fc52a4e78b5d70
Token Distribution:
Team: 49.76%
Treasury: 40.98%
Ecosystem: 5.59%
Liquidity: 3.67%
5. Related Links
Official Website: https://reserve.org/
White Paper: https://reserve.org/protocol/introduction/
Other Info: linktr.ee/reserveprotocol