Can someone red pill me on reserve rights?
Can someone red pill me on reserve rights?
Xavier Lee
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Cameron Price
A huge part of the world doesn't have a stable currency to use for purchases or for savings, this project addresses that. It's a decentralised reserve currency that wants to be used on a mass scale.
Nicholas Parker
Dont need the pill user, just buy the biggest fucking bag you can, shut the fuck up and fucking wait.
John Russell
.01 end of month
.05 end of year
and possibly more than $1 by the end of 2021 / early 2022 if not sooner.
backers include coinbase venture, peter thiel, sam altman, jack selby, blacktower, digital currency group, gsr, arrington capital, david sica and others.
buy at least 450-500k minimum make it stack.
or if you're smart go for at least 3-4M guaranteed yacht party stack.
the redpill is that you will regret not buying sub .01 and you should read the whitepaper. arbitrage incentives to hold and a burn mechanism that makes rsr deflationary while keeping rsv pegged to ~$1. it's the first truly decentralized stablecoin that can scale for use in the real world by entire countries not just people circle jerking in the crypto sphere.
the team is focused on their app which provides people in hyperinflation areas a way to escape their shitty fiat currency. they're already establishing themselves in venezuela, colombia, argentina and soon the rest of LATAM followed by lebanon later this month and angola soon after.
arbitrage will take more time to explain but it's kind of like staking. it requires an excess pool of rsv that's collected from fees and appreciating assets (basket of assets that backs the stablecoin) and as this pool grows it will allow for you to send rsr to a smart contract that captures the excess tokens in exchange for burning your rsr and you make the difference as a small profit whenever rsv is trading above $1. all of this can be automated through arbitrage pools that the team will help create for the community as the project reaches mainnet. users can also create their own pools if they wish but everyone should have similar chances at arbitrage opportunities since it's all based on a smart contract (mainnet).
don't sleep on this gem. this will be the DEFI stablecoin of choice in a few months.
Logan Williams
Hundred BILLLIOONNN ERC-20 token supply? Yea, pass.
Buy Verasity.
Jacob Price
Fuck off with your VRA dog shit ranjeet we're talking about real investments and you bring up pajeet token-not-needed shitcoins shilled by Twitter's lower class cesspool of influencers lmao cope harder faggot
Oliver Thompson
It's easy when you have backers like this ranjesh.. sorry you bought that Verasity scam from that obviously scammy black dude
Jaxson Bennett
Its a shitcoin PnD thats a miracle it goes up at all. Shills notoriously keep on trying to supress (pic) with their memes they created in a shill discord.
its a shitcoin no doubt. and its pretty scummy the shills outright lie about its long term potential
Evan Barnes
cope
Asher Torres
no RSR holder even has more than a $50,000 networth. ive seen your pathetic stacks. Youre all poor as shit.