1/11 We often get asked what the exact role of Reserve Rights (RSR) is within the Reserve Protocol π€
While you canβt do much with RSR in its current form, it will soon become one of the most crucial elements for the protocol.
A π§΅on the future of Reserve Rights π
While you canβt do much with RSR in its current form, it will soon become one of the most crucial elements for the protocol.
A π§΅on the future of Reserve Rights π
2/11 First of all, we want to acknowledge and thank the RSR holder community for the large amount of patience needed while waiting for mainnet launch.
The protocol team has been working very intensely, and important milestones are constantly being checked off β
The protocol team has been working very intensely, and important milestones are constantly being checked off β
3/11 The reason that Reserve is willing to move so cautiously is because, in our minds, we only have one shot at launching the protocol the right way π―
Our goals are very ambitious, and extremely important for the audience that we serve. We HAVE to get it right from the start.
Our goals are very ambitious, and extremely important for the audience that we serve. We HAVE to get it right from the start.
4/11 That being said, let's take a look at what RSR holders can expect after mainnet launch π
Reserve Rights give the holder the cryptographic right to do two things β¬οΈ
1) Insure RTokens against collateral defaults
2) Decide the future of RTokens through governance
Reserve Rights give the holder the cryptographic right to do two things β¬οΈ
1) Insure RTokens against collateral defaults
2) Decide the future of RTokens through governance
5/11 By staking RSR, holders will be protecting RTokens from any collateral issues.
By doing so, RSR stakers will be able to earn a portion of the revenue that RTokens generate π°
The larger the market cap of the RToken, the more revenue can be earned.
By doing so, RSR stakers will be able to earn a portion of the revenue that RTokens generate π°
The larger the market cap of the RToken, the more revenue can be earned.
6/11 Important to mention here is that, in contrast with many crypto projects that exist today, this staking model is built to last π
In Reserve's model, late participants do not pay for early participants, nor is a trust in staking of other parties requiredβ οΈ
In Reserve's model, late participants do not pay for early participants, nor is a trust in staking of other parties requiredβ οΈ
7/11 When we say that we're thinking long term, we mean it. This can clearly be seen in the way the protocol is being developed.
The more RTokens grow, the more revenue opportunities will be available for RSR stakers. Forever, with no caveats.
The more RTokens grow, the more revenue opportunities will be available for RSR stakers. Forever, with no caveats.
8/11 But it doesn't end there... π
RSR stakers are the governors of RTokens. You decide what configuration of RTokens best serves the people.
We expect future governors to be rewarded for their input in the protocol; another reason for RTokens to compensate RSR stakers πΈ
RSR stakers are the governors of RTokens. You decide what configuration of RTokens best serves the people.
We expect future governors to be rewarded for their input in the protocol; another reason for RTokens to compensate RSR stakers πΈ
9/11 The RSR governors are really the core of the future of the Reserve Protocol π₯
Collectively, you will manage the RTokens that 450,000+ RSV users are already queued up to use, and we hope many more will choose to use on a day-to-day basis πΈ
Collectively, you will manage the RTokens that 450,000+ RSV users are already queued up to use, and we hope many more will choose to use on a day-to-day basis πΈ
10/11 So you see, at this stage of the project, foundations are being carefully built for what could be a beautiful future for many citizens living in hyperinflation-affected countries, as well as for the RSR community π
11/11 We can open the door, but your economic participation is what will make it real.
We're fully committed to getting there ASAP. Are you with us? πͺ
We're fully committed to getting there ASAP. Are you with us? πͺ
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