The initial production version of the Reserve Protocol will operate in a substantially centralized way, and over time each protocol component will be migrated on-chain and released from control by the founding team, eventually becoming fully decentralized. There are three planned phases of the Reserve network:
The centralized phase — where Reserve is backed by a small number of collateral tokens, each of which is a tokenized US dollar.
The decentralized phase — where Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar.
The independent phase — where Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.
Reserve Rights (RSR) is a cryptocurrency project that has STRONG real world use cases. Ill give you my Reserve Rights (RSR) price prediction. Comment below your thoughts on the Reserve Rights Token!
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