# Reserve Rights (RSR): D-Score 43/100 — Moderately Decentralized

**BlockIndex D-Score: 43/100 (Moderately Decentralized).** Reserve Rights (RSR) is a Layer 1 cryptocurrency using PoS consensus. Reserve Rights (RSR): ERC-20 governance and backstop token securing asset-backed RTokens and decentralized token folios.

_Source: https://blockindex.ai/coin/rsr · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 43 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 25 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: IEO (2019)
- Founder: Nevin Freeman; Matt Elder
- VC funded: No
- Max supply: 100,000,000,000
- Circulating: 62,553,174,091 (62.6%)

## Market data (as of 2026-06-19)
- Price: $0
- Market cap: $80.49M
- 24h volume: $6.19M
- 24h change: -3.46% · 7d change: -4.42%

## About
Reserve Rights (RSR) is the ERC-20 governance and backstop token for the Reserve protocol, a composable on-chain system that issues asset-backed RTokens and tokenized index products called Decentralized Token Folios (DTFs). Launched publicly via a Huobi Prime IEO in May 2019, RSR functions as a governance instrument and as first-loss capital to stabilize RTokens: holders can stake RSR on individual RTokens to backstop undercollateralized positions and participate in governance decisions that configure RToken parameters. The project emphasizes institutional-grade safety practices, documenting multiple third-party audits and a substantial bug-bounty program that together reflect an operational focus on security and sound engineering.

Technically, RSR is implemented as an ERC-20 smart contract on the Ethereum mainnet (contract 0x320623b8e4ff03373931769a31fc52a4e78b5d70). Reserve’s protocol codebase and audit reports are published on GitHub, and the team has surfaced multiple release artifacts referenced across their documentation. The protocol design centers on permissioned primitives for minting and redeeming RTokens, staking mechanics that allocate economic exposure to RSR holders, and composable DTFs that enable index-like exposure and yield strategies. Governance is principally on-chain: proposals and staking-based votes determine configuration changes to RTokens and related protocol parameters, while emergency controls (multisig pauser and timelock under ABC Labs) provide operational safeguards during critical incidents.

In practice, the Reserve ecosystem targets use cases around on-chain asset-backed money, diversified tokenized indices, and yield-bearing index products. Index DTFs and Yield DTFs provide both passive exposures and yield strategies for users and integrators. Integration and distribution have been prioritized via listings on multiple Tier-1 centralized exchanges and liquidity provision on automated market maker platforms such as Uniswap. The protocol also emphasizes developer- and integrator-facing resources (audits, documentation, and a public bug-bounty on Immunefi) to support third-party composability and secure adoption.

Tokenomics for RSR are explicit in key dimensions: a fixed maximum supply of 100,000,000,000 RSR exists, with a circulating supply around ~61.965B RSR in the provided dataset. Distribution includes a mix of IEO allocations, slow-wallet locked supply, and allocations to partners and private investors; the combined dataset notes significant locked supply in a “slow wallet” and subsequent scheduled unlocks that began in January 2022. While the sourced materials do not provide a single consolidated premine or PIP percentage, they do document the pre-mined maximum supply and structured release schedules that inform the protocol’s monetary policy. Market milestones (including the recorded ATH on 2021-04-16 and ATL on 2020-03-16) are part of the public record and help contextualize historical token holder returns.

Governance and organizational structure blend decentralized on-chain decision-making with pragmatic operational controls. RSR holders exercise token-based voting power to govern RTokens, while ABC Labs (the primary development organization referenced in public materials) retains emergency multisig powers to pause or freeze contract operations in exceptional circumstances. The project presents as community-governed for protocol configuration while maintaining an operational legal and organizational presence for engineering, audits, and continuity. Looking ahead, Reserve aims to expand the coverage of RTokens and DTFs, increase integrations across custodial and non-custodial venues, and continue investing in security and audit initiatives to support broader institutional adoption.

## Links
- Website: https://reserve.org/
- Whitepaper: N/A
- GitHub: https://github.com/reserve-protocol/protocol

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore