
Reserve Rights Token to Participate in Ethereum Community Conference in Cannes on July 2nd
Reserve Rights Token will host a full-day program during the Ethereum Community Conference in Cannes, on July 2nd. The schedule runs from 07:00 to 19:00 UTC and features coworking sessions, DTF workshops and DeFi panels with speakers such as Ryne Saxe, Martin de Rijke and Matthew Fisher. Refer to the official tweet by RSR: DTFs go to 🇫🇷 Join Reserve for a full day of coworking, DTF workshops & DeFi panels w/, , , & more🗓ï¸ Wednesday, July 2⌚ 9am – 9pm📍 Espace Croisette🎟ï¸ Come diversify & chill on the Croisette 😎 RSR InfoReserve Rights is a stablecoin platform consisting of two tokens, including the Reserve Stablecoin (RSV), which is a value-backed coin, and the Reserve Rights Token (RSR).The Reserve Rights Token (RSR) is used to maintain the stability of the RSV token. When the price of RSV deviates from the $1 peg, the protocol’s algorithms automatically utilize RSR to buy or sell RSV on the open market until its price is restored to the $1 level.Therefore, the RSR token plays a crucial role in maintaining the stability of RSV and ensuring its liquidity. RSR holders can also participate in protocol governance and vote on matters related to its development and improvement.