General information | |
---|---|
Global rank: | 707 |
Name: |
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Symbol: | RSV |
Current coin price (TND): | 2.98 د.ت |
Last hour: | arrow_upward0.000000 % |
Last 24 hours: | arrow_downward-0.050 % |
Last 7 days: | -0.040 %trending_down |
Capitalisation (TND): | 85 950 130.67 د.ت |
Volume 24h (TND): | 0.000000 د.ت |
Available supply: | 28 850 667.00 RSV |
Algorithm: | ETH Token |
Start date: | 06/10/2019 |
Reserve Dollar/Tunisian Dinar (RSV/TND) price chart
Reserve Dollar/Tunisian Dinar (RSV/TND) capitalisation and volume charts
The Reserve and the Reserve Rights token are both mintable, burnable, ERC-20 tokens. The Reserve token will have a variable transfer fee, initially set to 0%.6 The Reserve Rights token helps keep Reserve backed at 100% and is involved in governance.
The Reserve Manager is in charge of manipulating the supply of Reserve to keep its price stable at $1.
Whenever the market price of Reserve falls below $1, the Reserve Manager will buy Reserves at the market price using Vault assets and burn them. These trades are executed through the Auctioneer with a maximum price and maximum quantity.