Reserve Rights

Halal Rating :
Questionable
Last Price $0.01 Last updated:
Rank 168
1D Change -1.83 %
Market Cap $421.97m
Circulating supply 50,600,000,000
Maximum supply 100,000,000,000

Crypto Overview

Categories
  • Store Of Value
  • DeFi
  • Coinbase Ventures Portfolio
  • DCG Portfolio
  • Real World Assets

Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens: (1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money; (2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV. (3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV.

Crypto Impact

To assign a comfort level investing in Reserve Rights from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Reserve Rights.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

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Justification for our Halal Rating