#TokenReserve

As of February 12, 2025, the Reserve Rights (RSR) token is trading at $0.0256, with a market capitalization of approximately $175.89 million. The 24-hour trading volume stands at $19.19 million. The circulating supply is 6,849,999,000 RSR, out of a total supply of 100 billion RSR tokens.

The Reserve Protocol has outlined a phased approach to decentralization:

1. Centralized Phase: Initially, the protocol is backed by a small number of collateral tokens, each representing a tokenized US dollar.

2. Decentralized Phase: The Reserve token becomes stabilized by a diversified basket of assets in a decentralized manner, while maintaining parity with the US dollar.

3. Independent Phase: The protocol aims to develop an asset-backed currency independent of fiat monetary systems, leveraging a wide range of tokenized assets.

The Reserve Protocol features two types of cryptocurrencies:

Reserve Token (RSV): A decentralized stablecoin.

Reserve Rights Token (RSR): A cryptocurrency used to facilitate the stability of the Reserve token.

For detailed information on deploying your own RToken, including setting parameters like trading delays and auction lengths, you can refer to the Reserve Protocol's deployment guide.

Please note that cryptocurrency markets are highly volatile. For the most current information, consult reputable financial platforms or the official Reserve Protocol resources.