>Wtf is RSR/RSV/RSD?
RSR = Reserve Rights (used as collateral to keep the RSV stable at $1, also used and burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1) It is a volatile asset set to be worth $10 in 5 years. It's like a MakerDAO but without the gay shit and a WeChat global remittances app combined.
Investors:
Paypal Mafia
Peter Thiel
Coinbase
Sam Altman (Ycombinator)
Your Dad.
DeFi application:
Holding 1MM RSR in the arbitrage app will net you between $10k-$20k RSV a year when RSR's price is above $1. Higher the RSR price the more your passive income will be while never depleting your principal RSR amount.
IMPORTANT UPDATES:
>RSV has exited the beta stage and now has a supply over 1MM
>Mainnet still on track for a Q1 2021 release
>Cryptic tweet from CZ hinting at a RSR listing in August
>2 new exchanges listed RSR pairs, combined daily volume around $2MM being traded with RSR (still not listed on coin tracking websites its so new)
>US banks can now offer crypto services and central/federal banks can now tokenize assets which will make the minting function of the protocol more robust now and likely make arbitrage even more profitable and decouple RSV from the USD quicker
>African cellular company has began shipping their phones with the Reserve app pre-installed
(Some data on CMC is incorrect use this)
>coingecko.com
Price projections:
It is important to point out that the Reserve protocol was designed around the concept of a high price for RSR - which is why the devs see a target of $10 in the 5 year range (based on Delphi Digital RSR 10 year simulation). The higher the price for RSR the more resiliant and stable RSV becomes.
2020 eoy: $0.11
2021 eoy: $1.30
2022 eoy: $2.80
2030 eoy: $56.68
Dev site: reserve.org
Whitepaper: reserve.org
Telegram: t.me/reservecurrency
biz RSR discord: gDfXXh6