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Reserve Rights

TOKEN ❯
Not a Phishing Site
0 Critical Risks
8 Potential Risks
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0 Smart Contracts

Contract: 0x196f4727526eA7FB1e17b2071B3d8eAA38486988
Address: 0x196f4727526eA7FB1e17b2071B3d8eAA38486988
Name: Reserve
Symbol: RSV
Chain: Ethereum
Token Standard: ERC-20
Mint function found
Hidden Owner found
Trading can be paused
Potential Honey Pot Risk
Token is active
Owner cannot take back ownership
Token is not a known Airdrop Scam
Owner cannot set different tax rates for different addresses
Owner cannot modify the Anti-Whale limit
Contract does not have Anti-Whale mechanism
Owner cannot whitelist addresses
Owner cannot blacklist addresses
Owner cannot modify tax rates
Contract does not restrict selling all tokens
Owner cannot modify anyones balance
Contract cannot self destruct
Code is Open source
Address: 0x2f3e0eb8de3c270992c2aac02912e69e89d71089
Address has not interacted with a Coin Mixer
Address has not been sanctioned
Address is not involved involved in Honey Pot Scams
Address is not involved in Stealing Attacks
Address is not Blacklisted
No Suspected Blackmail Activities
No Fake KYC
No Suspected Malicious Mining Activities
No Suspected Phishing Activities
No Darkweb Transactions Found
No suspected Financial Crime
No suspected Coin Laundering
No suspected Cyber Crime
Address: 0xfc82f7d67facea4e93b8501f76ff5003cedccd89
Address has not interacted with a Coin Mixer
Address has not been sanctioned
Address is not involved involved in Honey Pot Scams
Address is not involved in Stealing Attacks
Address is not Blacklisted
No Suspected Blackmail Activities
No Fake KYC
No Suspected Malicious Mining Activities
No Suspected Phishing Activities
No Darkweb Transactions Found
No suspected Financial Crime
No suspected Coin Laundering
No suspected Cyber Crime
Address: 0x320623b8e4ff03373931769a31fc52a4e78b5d70
Name: Reserve Rights
Symbol: RSR
Chain: Ethereum
Token Standard: ERC-20
Mint function found
Hidden Owner found
Trading can be paused
Token is active
Owner cannot take back ownership
Token is not a known Airdrop Scam
Owner cannot set different tax rates for different addresses
Owner cannot modify the Anti-Whale limit
Contract does not have Anti-Whale mechanism
Owner cannot whitelist addresses
Owner cannot blacklist addresses
Contract is not a Honey Pot
Owner cannot modify tax rates
Contract does not restrict selling all tokens
Owner cannot modify anyones balance
Contract cannot self destruct
Code is Open source
Address: 0x9f59852571e708791276acf110d0b31be2756947
Address has not interacted with a Coin Mixer
Address has not been sanctioned
Address is not involved involved in Honey Pot Scams
Address is not involved in Stealing Attacks
Address is not Blacklisted
No Suspected Blackmail Activities
No Fake KYC
No Suspected Malicious Mining Activities
No Suspected Phishing Activities
No Darkweb Transactions Found
No suspected Financial Crime
No suspected Coin Laundering
No suspected Cyber Crime
Address: 0x0000000000000000000000000000000000000000
Address has not interacted with a Coin Mixer
Address has not been sanctioned
Address is not involved involved in Honey Pot Scams
Address is not involved in Stealing Attacks
Address is not Blacklisted
No Suspected Blackmail Activities
No Fake KYC
No Suspected Malicious Mining Activities
No Suspected Phishing Activities
No Darkweb Transactions Found
No suspected Financial Crime
No suspected Coin Laundering
No suspected Cyber Crime
Address: 0x5a87eac5642bfed4e354ee8738dacd298e07d1af
Name: Reserve Rights
Symbol: RSR
Chain: Gnosis
Token Standard: ERC-20
Code is not Open source
This Contract is not Open Source so we cannot audit it's code
Address: 0xf6a78083ca3e2a662d6dd1703c939c8ace2e268d
Address has not interacted with a Coin Mixer
Address has not been sanctioned
Address is not involved involved in Honey Pot Scams
Address is not involved in Stealing Attacks
Address is not Blacklisted
No Suspected Blackmail Activities
No Fake KYC
No Suspected Malicious Mining Activities
No Suspected Phishing Activities
No Darkweb Transactions Found
No suspected Financial Crime
No suspected Coin Laundering
No suspected Cyber Crime

What is Reserve Rights (RSR)


Reserve Rights (RSR) is an ERC-20 token with two primary functions within the Reserve Protocol: providing insurance for Reserve stablecoins (RTokens) via staking and overseeing them through the proposal and voting process for alterations to their settings. RSR was introduced in May 2019, following a triumphant initial exchange offering (IEO) on the Huobi Prime platform.


RSR crypto has several use cases besides being the governance token for Reserve stablecoins. RSR serves as a backstop to make Reserve stablecoin holders whole in the event of a collateral token default. RSR holders can decide to stake on any one RToken or divide their RSR tokens by staking on multiple RTokens. As compensation for offering this insurance, those who stake RSR obtain a share of the income generated by the RToken they chose to protect. The larger the market capitalization of the RToken, the greater the potential returns (APYs) for RSR stakers.


Unlike other projects, Reserve's staking is built to last, and late participants do not pay for early participants. For more detailed information on RSR staking, the RSR staking section on the protocol documentation provides further information.


If you would like to know where to buy RSR coin, the exchanges that list the RSR price are Binance, Bitrue, Bybit, CoinW and OKX.


Who are the founders of Reserve Rights?


Reserve was established by Nevin Freeman and Matt Elder as a collaborative effort. Freeman, the CEO of Reserve, is a seasoned entrepreneur whose life mission revolves around addressing the coordination challenges that hinder humanity from realizing its full potential. Elder, on the other hand, is a skilled engineer with prior experience at Google and Quixey.


In his current role as the project's CTO, he oversees the development and implementation of the Reserve protocol. Since its inception in 2019, the Reserve team has expanded significantly, now boasting over 200 members. This diverse group includes engineers, developers, and legal and compliance professionals, all working together to ensure Reserve becomes a widely accessible, highly scalable stablecoin platform that fosters economic growth and well-being.


What makes Reserve Rights Unique?


Reserve was established by co-founders Nevin Freeman and Matt Elder. Freeman, the CEO of Reserve, is a seasoned entrepreneur dedicated to addressing the coordination challenges that hinder humanity from reaching its full potential. Elder, an accomplished engineer with prior experience at Google and Quixey, serves as the CTO of the project, supervising the development of the Reserve protocol.


Since its inception in 2019, the Reserve team has expanded significantly, now comprising over 200 members such as engineers, developers, and legal and compliance professionals. Together, they strive to establish Reserve as an accessible, highly scalable stablecoin platform that fosters economic growth and well-being.


Reserve Rights Pros and Cons


Pros:

  • Offers a unique insurance system through staking for Reserve stablecoins.
  • The bigger the market cap of the RToken, the higher the returns RSR stakers can expect.
  • Backed by a bundled group of cryptocurrencies managed by smart contracts.

Cons:

  • No guarantees of returns for RSR stakers
  • Hidden Owner found 
  • The contract is a Honey Pot 
  • Mint function found 
  • Trading can be paused
  • One of its contracts is not open source.


Reserve Rights Review


Reserve Rights seems to be an interesting project that offers unique features to the stablecoin ecosystem.


However, it should be noted that our security review revealed that the contract seems to be a honeypot which is a critical risk. Cointelegraph has a great article explaining it all in detail here if you want to learn more. It's also worth mentioning that one of their contracts is not open source which is also a critical risk.


We've also found a hidden owner on one of the contracts which means that the owner can make changes even after surrendering control. Mint functions and trade-pause functions on multiple contracts are also detected in the project, all of these being potential security risks for investors.


Is Reserve Rights a scam?


No, Reserve Rights doesn't seem to be a scam. The project seems to provide genuine value and utility to the space. But as with any investment in any blockchain endeavour, prudence is essential.


This is why everyone in the crypto space emphasizes that It's important to do your own research DYOR to prevent you, the individual, from taking risks you're not comfortable with. The crypto sphere is rife with scams, so staying informed is your best defence against malicious players and fraudulent schemes.


Related Pages


Given your interest in this piece, you may also want to delve into SKALE, a project that wants to address Ethereum's scalability problem.


Do also check out our deep dive on Keep Network, a platform designed to store and encrypt private data on the public blockchain.


Explore and browse other tokens here.

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