RSR, the Reserve Rights token¶
RSR is the governance token of the Reserve protocol. Its precise functionality is evolving from what was described in the 2018 version of the protocol, though its fundamental functions and economics remain the same.
Fundamentally, RSR exists as a backstop to make RSV holders whole in the event of a collateral token default. Once the full protocol is live, RSR holders will be able to earn income by interacting with the protocol and providing this backstop.
Note: RSR is not yet available to purchase in the USA.