
Reserve Rights (RSR) is the native functional token of Reserve, a stablecoin platform on Ether, which has two types of tokens: the Reserve Rights (RSR) functional token and RSV, a stablecoin backed by a basket of digital assets collateral. Due to the potential price volatility of collateralized assets, when the collateralized assets in the platform cannot support the market value of the stable coin on a one-for-one basis, the Reserve platform will generate new RSR tokens to purchase enough collateralized assets in the secondary market. Conversely, when there are excess collateral assets in the platform, these assets will be moved to the secondary market and sold to buy back and destroy the RSR tokens. Reserve''s price stabilization mechanism relies on users'' arbitrage behavior. For example, when the RSV stablecoin to USD ratio drops to 0.95:1.00, a user can acquire 100 RSV for $95 in cryptocurrency on the trading platform and exchange it to the Reserve platform for $100 worth of collateralized assets. If the price of RSV exceeds $1, the user can exchange the collateral asset for RSV and then sell it on the trading platform for a profi