Reserve /RSR/

[Anonymous No.15969917]

So fucking comfy

[Anonymous No.15969925]

POO

[Anonymous No.15969928]

>>15969917
Why would you be comfy in a ten BILLION supply erc-20 project?

Buy Kleros.

[Anonymous No.15969931]

>>15969928
oh, sorry, 100 billion. lol.

>still falling for this shit in 2020

[Anonymous No.15969999]

>>15969917
https://www.ft.com/content/41eea5f0-f134-11e9-ad1e-4367d8281195

https://www.coindesk.com/bitcoin-has-failed-but-global-stablecoins-a-threat-say-bis-and-g7
Stablecoins are getting nuked by the G7, no less. It's over bros.

[Anonymous No.15970003]

>>15969999
Checked and wastedpilled.

[Anonymous No.15970021]

>>15969999
what a news flash, central banks/gov dont want competition

[Anonymous No.15970341]

>>15969999
Witnesses.
Also, no one will be able to stop Reserve, thats the whole thing. Once they atrack centralised stables, decentralised will win.

[Anonymous No.15970429]

I'm pretty comfy I exited this Stockholm syndrome nightmare. I can finally make gains again from no crabbing. I'll be back sub 20 sats.

[Anonymous No.15970439]

>>15969917
What's the point of this shit when DAI exists?

[Anonymous No.15971026]

>>15970429
>>15970439
>>15969999
>>15969931


that's just sad. You can do better

[Anonymous No.15971042]

I am fucking comfy bros.

[Anonymous No.15971528]

>>15971026
Point to the chart where it isn't crabbing.
>muh 2020
Yeah I'll join in again when the price isn't static and volume isn't bleeding out.

[Anonymous No.15971560]

>>15971528
good idea anon, on top of losing money with pump chasing and bagholding scams you will also join in after it starts moving. I hope your pink wojak collection is ready

[Anonymous No.15971618]

>>15969999
International collaborations are highly ineffective, they can't really do anything if there is divergent interest or if there is reasonable doubts about the actions that they are contemplating.
I wouldn't worry about these coffee-clubs.

[Anonymous No.15971667]

>>15970439
Dai is centralized "muh governance council" and backed by ethereum. Which we've seen go from $1400 to like $50. Reserve also completely shit on their entire model with a write up which is why maker is completely copying reserves token model except they need to "vote" to implement it. Dai is nice, I'm just saying RSV and RSR are better ideas in theory.

[Anonymous No.15971801]

>>15971560
Better than losing money sitting on a 0 variance shitcoin

[Anonymous No.15971821]

>>15971801
>losing money is better than not losing money as long as there is some action

okay, degenerate gambler

[Anonymous No.15972360]

>>15969917

[Anonymous No.15972371]

another pajeet shilling his scam. go raid reddit or something you need to, but gtfo from here.

[Anonymous No.15972378]

>>15972371
>identifying with this cesspool

cringe

[Anonymous No.15972497]

>>15970021
>>15970341
Exactly. That’s why they are trying to keep there project low key and get everything up before mass advertisement.
In the white papers they drop some suggestion towards that

[Anonymous No.15972512]

Also good morning reserve frens.
I am happy to be apart of the daily rsr threads

[Anonymous No.15972732]

>>15971528
its a stiff kind of comfort

[Anonymous No.15973396]

stockholm syndrome

[Anonymous No.15973466]

>>15969917
someone spoonfeed me this coin i need to make at least 10k next run, how many should i buy and why

[Anonymous No.15973717]

>>15973466
buy it after it pumps. i hear thats the strategy

[Anonymous No.15973739]

up to 2.9m.

I want 4m before it takes off.

[Anonymous No.15973926]

>>15973466
The spoonfeed is that this project is what the original PayPal founders envisioned. Coinbase bought equity in the company instead of tokens, which means that they won’t face issues from SEC when listing RSR and RSV. Coinbase has also acknowledged that USDC is flawed and they’re actively looking to find a decentralized solution, which is RSV. If RSV gains any kind of traction outside of the crypto space in a place like Venezuela or Angola or Argentina then you will have tons of arbitrage for RSR holders to make money without market selling tokens. Then there’s the burning mechanism when RSR is added to the arbitrage smart contract which will give RSR holders first dibs on newly minted RSV which they can sell at a profit when RSV is selling above $1, and buy at a discount when RSV is trading below $1 this burns RSR at the value of RSV. So .02 cents worth of RSR burned while RSR is at .002 market value would be ~10 RSR burned for every .02 cents or ~500 for every $1 arbitraged. When you’re talking about a stablecoin that has the potential to gain mass adoption on exchanges and in the real world that will create a lot of arbitrage and burn a lot of tokens while the price is low which will create a market pressure/demand which will ultimately raise the price/value of RSR tokens. This also creates incentives for whales to arbitrage early and get back the market value of their tokens while the rest of them appreciate in value over time rather than dumping them which will drop the price and depreciate their future value. DYOR

[Anonymous No.15973971]

>>15970429
>>15971528
>>15971801
>>15973396
mental illness

[Anonymous No.15974568]

>>15973926
Why is RSR needed for arbitraging? Why couldn't I claim my RSV for just collateral tokens? Also why the burn, does it serve some kind of real function in the protocol? If I'm not missing anything, these features seem kind of forced, just like BNB has quarterly burns. Just an artificial feature with no real purpose to exist.

Legitimately asking, not trying to shit on this project, it has a lot of things I like.

[Anonymous No.15974810]

>>15974568
The reserve protocol is just going to be a series of smart contracts that you interact with using RSR (and other tokens). The value of RSV is going to be monitored as it’s being traded and RSR will be first in line when interacting with the protocol. So technically speaking you could interact with other tokens but you won’t have first dibs on RSV arbitrage as it’s being minted and burned by the protocol. RSR will also be part of the future governance of the protocol, similar to how Tezos works, but this is something they’re still working on.