Convert Reserve Rights RSR to Internet Computer ICP
RSR to ICP: 1 Reserve Rights converts to 0.0011 ICP as of June 14 at 6:24 PM
About RSR and ICP
Reserve Rights is falling, while Internet Computer is climbing this week. The current RSR to ICP conversion rate is 0.0011. Inversely, this means that if you convert 1 ICP you will get 882.13 RSR. The conversion rate of RSR/ICP has decreased by 0.54% in the last hour (ICP/RSR increased by 0.54%). In the last 24 hours, RSR/ICP shrunk by 3.91%, while ICP/RSR grew by the same amount.
The exchange rate of Reserve Rights is decreasing. The current value of 1 RSR is 0.0011 ICP. In other words, to buy 5 Reserve Rights, it would cost you 0.0057 ICP. Inversely, 1 ICP would allow you to trade for 882.13 RSR while 50 ICP would convert to 44,106.51 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.84%. Meanwhile, in the last 24 hours, the rate has changed by 3.68%, and that the highest exchange rate of 1 RSR to ICP was 0.0012 ICP and the lowest 24 hour value was 1 RSR for 0.0011 ICP. Last month, 1 RSR was worth 0.0017 ICP. Today, it's down 52.88%. Looking back a year, Reserve Rights has changed by 0.000698 ICP. That means that in a single year, the value of Reserve Rights has grown by 38.41%.
Reserve Rights Market Stats
Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.
Internet Computer Market Stats
Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications.
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