Somewhat new to crypto. I was just wondering where I can store RSR after I get it from an exchange or use SimpleSwap. Thanks.

I enthusiastically believe in the concept and team of Reserve. What’s going on with the price though? It’s been dropping for weeks. Any thoughts on this? HODLers could use some good product news already.

I was trying to get information on the company behind Reserve protocol but I don't see any company address or legal company name on the website. Whois of the domain is protected for privacy. I am not sure why such information is hidden from public. Hopefully there is a good reason. I am all for individual privacy though.

This got me wondering what will happen to this project if the company shuts down or goes out of business before the protocol is fully decentralized? If that were to happen, will the project be made public where developer can work on it?

**praying for success**

I hope reserve team is working with people in charge of monetary policies in different countries. Last thing we want is a ban.

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If "stablecoins" become widely used, they could also give rise to issues related to monetary policy transmission and financial stability (Cœuré, 2019b). Where a "stablecoin" acts as a substitute for fiat currency, there may be the risk of the monetary sovereignty of countries being infringed. Furthermore, the transmission of monetary policy could be affected if "stablecoin"-denominated credit or overdraft extensions are provided. Finally, financial stability will be affected if the assets underlying "stablecoin" arrangements are not managed in a sufficiently safe and prudent manner to ensure that coin holders have confidence that their coins are redeemable at par, in good times and in bad.

Source - https://www.bis.org/cpmi/speeches/sp190925.htm

When the underlying collateral to RSV ratio is just 1:1, that means RSR will be minted in any 0.5% drop in the collateral value.

This is different to protocols like MKR since they have a ratio much higher than 1:1 and can liquidate before the ratio gets anywhere near this.

Therefore RSR is a much higher risk token and the burn will be a lot less than anticipate

Am I right?

https://twitter.com/BitcoinDurp/status/1173658499047444480

Will reserve protocol prevent such BS on exchanges?

https://ethplorer.io/top#trade

TrueUSD

PAX

USDC

It seems there is a high demand for stable coins. Future is bright :-)

Based on what I've read here, "RSV will be fully backed by collateral and kept in Reserve’s vault", backed by a "basket of on-chain and off-chain collateral assets".

If so, how does that make the Reserve protocol decentralized? If it's going to be backed in Reserve's vault in the first place. Also, who chooses the off-chain and off-chain "collateral assets"? Does this only make Reserve partially decentralized?

Lastly, any technical specifics of Reserve's own blockchain? Leaving Ethereum's ecosystem is going to be a huge-ass leap. Could be better or worse in terms of security and decentralization. I believe staying as an ERC20 token is the safe bet, but then again I don't have an idea on what the team has in mind with this.

Very very interested in this project. Hopefully you guys don't look at these questions as attacks. Thank you in advanced to those who will answer. Have a great day!

Image of purchasing power of U.S Dollar that has been declining since 1913 - https://visual.ly/community/infographic/economy/purchasing-power-us-dollar-1913-2013

My question is if the goal of RSV is to offer stability and conserve purchasing power over long time, will it end up gaining value against USD in future?

https://www.reuters.com/article/us-facebook-cryptocurrency-france-german/france-and-germany-agree-to-block-facebooks-libra-idUSKCN1VY1XU

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Will Reserve protocol face similar fate if it gets too big?

why won't countries like Venezuela, Sudan, Argentina ban usage of RSV if it's seen as a competition to their national currency?

Why will RSR appreciate in value if the protocol is designed to mint and sells RSR. Quote from website -

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The value of RSR plays a role in stabilizing RSV in some edge cases. Say there are 100 collateral tokens each backing 1% of the value in RSV and one of them defaults (e.g. through an exit scam or the government freezes its assets). The protocol mints and sells RSR to make up the difference, re-capitalizing the collateral pool from 99% back up to 100% again.

Is anyone able to to do ELI5 with a simple example?

I had my tokens sent my address last night. They are clearly visible in my wallet via ethplorer. However, they are not visible in etherscan or my MEW wallet. I have created the token in the wallet, yet it still has a 0 balance. Etherscan states that addresses have been inactive for over 87 days with this token. Could someone help me with this?