holder: News of Reserve Rights (RSR) - August 2024 Price Update - 8.93% Breakout Crypto News and Analysis

Trade hard. Joy is coming

Spot the Main Event:

Veda thrilled about this integration with reserveprotocol, an exciting way to diversify ETH liquid staking exposure. To Maintain an Ethereum-aligned liquid staking basket Positively impact staking distribution and Provide ETH+ holders value through diversification

Explore the Core.

Reserve Rights is a dual-token stablecoin protocol, consisting of the Reserve Rights token (RSR) and the Reserve stablecoin (RSV). RSR is used to stabilize RSV's value at $1 and allows holders to participate in governance. The protocol aims to reduce cryptocurrency volatility, making it suitable for global use, particularly in developing countries. It operates on Ethereum and plans to transition from a centralized to a decentralized system, ultimately allowing for a diverse asset-backed stablecoin ecosystem.

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Spot the Main Event:

The price pump is related to it's integration on ETH more so there's a recent update on additional ETHx liquidity staking for the token holders.

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