here’s where to buy the RSR
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Reserve Rights (RSR), the Reserve Protocol’s original token, has surged 33% in the past 24 hours as the mainnet launch nears. The token was trading at $0.007756 at press time.
The mainnet launch is expected to take place in October this year, and five audits have been conducted so far.
Coinjournal has put together this short guide on how to buy an RSR token to help traders who want to take advantage of the current Reserve Rights price spike before the mainnet launch.
For more information, keep reading.
Where to buy RSR cryptocurrency
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What is Reserve Rights cryptocurrency?
Reserve Rights (RSR) cryptocurrency is the original token of the Reserve Protocol, a pool of stable coins. It was launched in May 2019 after a successful initial exchange offer (IEO) on the Huobi Prime platform.
The Reserve Protocol is designed to reduce risk by decentralizing and decentralizing governance.
The RSR token is an ERC token and is used to secure Reserve Protocol Reserve Stablecoins (RTokens) by staking and manage Reserve Protocol pools by proposing and voting on changes to pool configurations.
RSR stakers receive a staking reward for providing RTokens insurance.
Should I buy RSR today?
RSR could be a good buy now that its price is on the rise ahead of its mainnet launch, which is expected to trigger further upside.
However, the cryptocurrency market is a very volatile market and can be very unpredictable at times. That’s why it’s important to proceed with caution.
Reserve Rights price forecast
Analysts expect RSR to maintain its current uptrend, which they predict will gain momentum following the launch of Reserve Rights online trading, scheduled for October.
Reserve Rights social media trends
1/4 Reserve Protocol is pleased to announce the next chapter.
After the five audits have been completed / almost completed, the implementation of the entire protocol will begin in October 🎉
We invite you all to our launch event in Bogotá to hear all about it. pic.twitter.com/8quSFQFwph
— Reserve (@reserveprotocol) 20 September 2022