Information about "Reserve Dollar"
Reserve's objective is to develop a stable, decentralized cryptocurrency that is supported by assets and a digital payment platform. This system is designed to adjust its supply in response to demand, ensuring that it is consistently backed 100% or more by collateral. The ultimate ambition of Reserve is to provide a dependable store of value on a global scale, particularly targeting areas with shaky banking systems and those suffering from extreme inflation. The Reserve network will work with three types of tokens:
1. The Reserve token (RSV), a stable cryptocurrency that functions like traditional fiat currency for saving and spending.
2. The Reserve Rights token (RSR), a protocol token that helps maintain the stability of the RSV.
3. A diverse range of tokenized real-world assets, including other stablecoins, which are secured by the Reserve smart contract to support the RSV.
1. The Reserve token (RSV), a stable cryptocurrency that functions like traditional fiat currency for saving and spending.
2. The Reserve Rights token (RSR), a protocol token that helps maintain the stability of the RSV.
3. A diverse range of tokenized real-world assets, including other stablecoins, which are secured by the Reserve smart contract to support the RSV.
