$RSR
Reserve Rights (RSR) is trading around $0.0013, down about 2.6% over the last 24 hours. Market cap is roughly $84M on a circulating supply of about 62.55B tokens, and it's down sharply — in the 77–84% range — over the past year, reflecting a steep multi-month decline.
RSR is the governance and backstop token for the Reserve Protocol, an overcollateralized stablecoin platform that issues several asset-backed stablecoins (like eUSD). RSR holders can stake their tokens to help back these stablecoins against under-collateralization risk, earning rewards in return — while also being first in line to absorb losses if a stablecoin becomes undercollateralized.