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About RSR and DAI
Reserve Rights is climbing, while Dai is falling this week. The current RSR to DAI conversion rate is 0.001887. Inversely, this means that if you convert 1 DAI you will get 529.83 RSR. The conversion rate of RSR/DAI has decreased by 0.45% in the last hour (DAI/RSR increased by 0.45%). In the last 24 hours, RSR/DAI grew by 0.09%, while DAI/RSR shrunk by 0.09%.
The exchange rate of Reserve Rights is decreasing. The current value of 1 RSR is 0.001887 DAI. In other words, to buy 5 Reserve Rights, it would cost you 0.009437 DAI. Inversely, 1 DAI would allow you to trade for 529.83 RSR while 50 DAI would convert to 26,491.35 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.31%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, and that the highest exchange rate of 1 RSR to DAI was 0.001949 DAI and the lowest 24 hour value was 1 RSR for 0.001893 DAI. Last month, 1 RSR was worth 0.001636 DAI. Today, it's up 15.34%. Looking back a year, Reserve Rights has changed by 0.005437 DAI. That means that in a single year, the value of Reserve Rights has shrank by 65.28%.
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.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
RSR to DAI values from Today at 2:18 pm
0.5 RSR = 0.0009437 DAI |
1 RSR = 0.001887 DAI |
5 RSR = 0.009437 DAI |
10 RSR = 0.01887 DAI |
50 RSR = 0.09437 DAI |
100 RSR = 0.1887 DAI |
500 RSR = 0.9437 DAI |
1,000 RSR = 1.89 DAI |
DAI to RSR values from Today at 2:19 pm
0.5 DAI = 264.91 RSR |
1 DAI = 529.83 RSR |
5 DAI = 2,649.14 RSR |
10 DAI = 5,298.27 RSR |
50 DAI = 26,491.35 RSR |
100 DAI = 52,982.71 RSR |
500 DAI = 264,913.55 RSR |
1,000 DAI = 529,827.10 RSR |
RSR to DAI over time
RSR | Today | 24H -0.74% | 1M 13.30% | 1Y -188.04% |
|---|---|---|---|---|
0.5 RSR | 0.0009437 DAI | 0.0009507 DAI | 0.0008182 DAI | 0.002718 DAI |
1 RSR | 0.001887 DAI | 0.001901 DAI | 0.001636 DAI | 0.005437 DAI |
5 RSR | 0.009437 DAI | 0.009507 DAI | 0.008182 DAI | 0.02718 DAI |
10 RSR | 0.01887 DAI | 0.01901 DAI | 0.01636 DAI | 0.05437 DAI |
50 RSR | 0.09437 DAI | 0.09507 DAI | 0.08182 DAI | 0.2718 DAI |
100 RSR | 0.1887 DAI | 0.1901 DAI | 0.1636 DAI | 0.5437 DAI |
500 RSR | 0.9437 DAI | 0.9507 DAI | 0.8182 DAI | 2.72 DAI |
1,000 RSR | 1.89 DAI | 1.90 DAI | 1.64 DAI | 5.44 DAI |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.