| General information | |
|---|---|
| Global rank: | 3503 |
| Name: |
ReSource Protocol |
| Symbol: | SOURCE |
| Current coin price (ERN): | 0.160 ERN |
| Last hour: | arrow_upward0.010 % |
| Last 24 hours: | arrow_downward-0.060 % |
| Last 7 days: | -11.01 %trending_down |
| Capitalisation (ERN): | 0.000000 ERN |
| Volume 24h (ERN): | 1 765 320.00 ERN |
| Available supply: | 0.000000 SOURCE |
| Total coin supply: | -1 SOURCE |
| Start date: | 0000-00-00 |
ReSource Protocol/Eritrean Nakfa (SOURCE/ERN) price chart
ReSource Protocol/Eritrean Nakfa (SOURCE/ERN) capitalisation and volume charts
The ReSource Protocol provides a comprehensive toolbox for the creation of distributed mutual credit systems that grant participants access to 0% interest credit, further collaborative commerce, and give rise to a new class of stablecoins.
Instead of “renting” capital from a bank or lender, network-participants form a multi-sided lending system in which businesses extend credit to each other. However, they don’t do so with fiat or even crypto assets. Instead, the ReSource protocol allows participants to mobilise what businesses already have: unused inventory, free labour time, and all resources comprising their enterprise. Participants lend these unutilized resources to peers that need them, and in return - receive from the network what they need themselves to expand their own business.