RSR

>DYOR
This is part of research, inquiring with “experts”

And I don’t need to be spoon fed, even directing me to reputable sources for research would be helpful.

Poorfag here. Should I make an $1k loan from AAVE to buy this coin and sell half of it next month?

reserve.org/our-vision

This is a longer term play.

It's very early days for them, it looks promising but could easily go to shit, they also have some nice backers/investors.

It’s a lock.

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do they just hire celebrities now?

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Thanks. Just found that to
youtube.com/channel/UCnRo3DExogUR28iJV39lhFA
Here is a good video for some background information. The marketing seems decent. The project seeks to solve a legitimate problem. The problem is maintaining a stable currency. They cite currencies that have lost value of a short amount of time. For example the Great Depression, Argentina, Venezuela, and parts of Africa. I have trouble understanding how this could be profitable to invest in. Would this be akin to buying gold before people realized it would be a good store of value? Buying in now would give you a higher overall percentage if this were to be used widely in the future? Essentially supply and demand.

There is two coins, RSV and RSR.
RSV is the stable coin which will be used with the app. RSR is the variable which we're staking on

>RSR is the variable which we're staking on
Thanks that's helpful. Could you provide a simple explanation on staking? Sorry, 30 yr old boomer here relatively new to crypto.

Sorry, bad terminology, RSR is what I'm buying

>pre binance bots
>post binance bots
Yikes

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4.4 How the Reserve Protocol is Capitalized
The Reserve Protocol holds the collateral tokens that back the Reserve token in smart contracts. When new Reserves are sold on the market, the assets used by market par- ticipants to purchase the new Reserves are placed into these smart contracts to be held as collateral. This process keeps the Reserve collateralized at a 1:1 ratio even as supply increases.
At times, the Reserve Protocol may target a collateralization ratio greater than 1:1. When this is the case, scaling the supply of Reserve tokens requires additional capital in order to maintain the target collateralization ratio. To accomplish this the Reserve Protocol mints and sells Reserve Rights tokens in exchange for additional collateral tokens.
4.5 What Happens When the Collateral Tokens Depreciate
Collateral tokens are somewhat volatile. While we may be able to select a portfolio with minimal downside risk, the reality is that drops in the collateral tokens’ value will happen. When this happens, the Reserve Protocol will sell newly minted Reserve Rights tokens for additional collateral tokens and add them to the backing.

So it's essentially acting as a bank by staking.

This is just another shit coin that is being shilled on Zig Forums because it's being shilled on Zig Forums isn't it? Like it's low cost and people think the networking is going to make it happen. What about the market cap? What about the fact that the value of the coins is unlikely to increase? How about their website just being full of vague "vision" without any real product?

Staking implies that you place your tokens in a liquidity pool, with or without a mandatory locking minimum time, and then collect a fee from each transaction based on your percentage of the pool, thus generating a passive income. this is how I see it at least, I'm also a noob and I'm 28 lmao

I'm doing my own research and honestly it ain't looking good. There really isn't much room to grow for this one, and lots of room for total failure.

Reserve.org - go check it out

Thanks, user.

Idea is actually pretty solid and it has plenty of big investors. It's not a shitcoin and their website has a white paper that's quite clear if you actually took the time to read it, which I guarantee you didn't.

I didn't. I saw an image full of red flags and searched the Zig Forums archive to see if they were refuted and they weren't. I might read the white paper and see if that changes my mind but right now it looks like all the enthusiasm behind this has to do with its current low price and its vague connection to Peter Thiel.