RSRReserve Rights Token Price

On December 11, Reserve Rights (RSR) released a token structure reform proposal (RFC‑1269), proposing to burn about 3 billion RSR tokens to reduce the total supply and introduce a governance-based veRSR issuance mechanism to enhance holder participation and governance weight.

Decentralized stablecoin protocol Reserve has announced a new issuance plan for its governance token RSR. The plan will mimic Bitcoin's emission curve, aiming to provide RSR with more predictable and sustainable supply growth.RSR will adopt a deterministic issuance plan, mimicking Bitcoin's emission curve starting from the 50% circulating supply point. The new plan will replace the previous "Slower Wallet" system, which allowed for 1% of the total RSR to be withdrawn every four weeks. The new plan will decrease the amount of RSR that can be issued per unit of time.About 50% of the total RSR supply has already been issued, and the remaining 50% will be issued according to the new plan. The initial weekly withdrawal amount will be 0.19% of the total supply (190 million RSR), and the weekly withdrawal amount will decrease by 99.6157%.Reserve plans to hardcode the issuance plan into its smart contract in the coming months to provide full determinism.The project is still soliciting community feedback on how to allocate the newly issued RSR, which may include use for incentive programs, among other purposes.Reserve says the new issuance plan will provide RSR with similar supply stability and credibility to Bitcoin, which is crucial for achieving its long-term vision.

The Reserve Protocol core team has proposed adding RSR to the AAVE V3 proposal, which has initiated a temperature check vote. The proposer believes that the demand for RSR lending may bring more fee income to Aave, and Reserve will also provide voting rights for the Curve ecosystem to deepen GHO liquidity through the GHO-eUSD Curve pool. If the community reaches a consensus on this temperature check, the proposal will be upgraded to the snapshot phase.