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Summary of Reserve
- Goal: Create a stable, decentralized, asset-backed cryptocurrency and digital payment system.
- Aim: Scale supply with demand and maintain 100% collateral backing.
- Target regions: Unreliable banking infrastructure and hyperinflation areas.
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Three token types:
- Reserve token (RSV): Stable cryptocurrency for holding and spending.
- Reserve Rights token (RSR): Protocol token for RSV stability.
- Tokenized real-world assets (e.g., stablecoins) backing RSV.
About Reserve: Empowering a Decentralized Future
Reserve aspires to create a stable, decentralized, asset-backed cryptocurrency and a digital payment system that dynamically adjusts supply to meet demand, backed by 100% or more collateral. Ultimately, Reserve’s vision is to establish a universal store of value, particularly in regions plagued by unreliable banking infrastructure and hyperinflation. The Reserve system will interface with three distinct tokens:
(1) The Reserve token (RSV), a stable cryptocurrency designed to mimic the functionality of traditional fiat currency, allowing users to hold and spend it with the same ease and convenience.
(2) The Reserve Rights token (RSR), a proprietary protocol token, plays a pivotal role in maintaining the stability of RSV.
(3) A diverse array of tokenized real-world assets, including other stablecoins, are securely held by the Reserve smart contract, thereby providing robust backing for RSV.