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

Spot the Main Event:

@reserveprotocol has joined the Native Yield Stack. Reserve lets anyone create new assets backed 1:1 by a collection of tokens. A prime example is ETH+, which offers diversified bluechip LST exposure. two main purposes for the Reserve Protocol: overcollateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration.

Spot the Main Event:

reserveprotocol has joined the Native Yield Stack! Reserve lets anyone create new assets backed 1:1 by a collection of tokens. A prime example is ETH+, which offers diversified bluechip LST exposure.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.