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About RSR and DAI
Reserve Rights is falling, while Dai is climbing this week. The current RSR to DAI conversion rate is 0.001574. Inversely, this means that if you convert 1 DAI you will get 635.52 RSR. The conversion rate of RSR/DAI has decreased by 1.16% in the last hour (DAI/RSR increased by 1.17%). In the last 24 hours, RSR/DAI shrunk by 1.75%, while DAI/RSR grew by 1.79%.
The exchange rate of Reserve Rights is decreasing. The current value of 1 RSR is 0.001574 DAI. In other words, to buy 5 Reserve Rights, it would cost you 0.007868 DAI. Inversely, 1 DAI would allow you to trade for 635.52 RSR while 50 DAI would convert to 31,775.98 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.87%. Meanwhile, in the last 24 hours, the rate has changed by 1.83%, and that the highest exchange rate of 1 RSR to DAI was 0.001614 DAI and the lowest 24 hour value was 1 RSR for 0.001567 DAI. Last month, 1 RSR was worth 0.001796 DAI. Today, it's down 12.36%. Looking back a year, Reserve Rights has changed by 0.005867 DAI. That means that in a single year, the value of Reserve Rights has shrank by 73.18%.
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 7:20 am
0.5 RSR = 0.0007868 DAI |
1 RSR = 0.001574 DAI |
5 RSR = 0.007868 DAI |
10 RSR = 0.01574 DAI |
50 RSR = 0.07868 DAI |
100 RSR = 0.1574 DAI |
500 RSR = 0.7868 DAI |
1,000 RSR = 1.57 DAI |
DAI to RSR values from Today at 7:22 am
0.5 DAI = 317.76 RSR |
1 DAI = 635.52 RSR |
5 DAI = 3,177.60 RSR |
10 DAI = 6,355.20 RSR |
50 DAI = 31,775.98 RSR |
100 DAI = 63,551.95 RSR |
500 DAI = 317,759.77 RSR |
1,000 DAI = 635,519.54 RSR |
RSR to DAI over time
RSR | Today | 24H -1.87% | 1M -14.11% | 1Y -272.88% |
|---|---|---|---|---|
0.5 RSR | 0.0007868 DAI | 0.0008015 DAI | 0.0008978 DAI | 0.002934 DAI |
1 RSR | 0.001574 DAI | 0.001603 DAI | 0.001796 DAI | 0.005867 DAI |
5 RSR | 0.007868 DAI | 0.008015 DAI | 0.008978 DAI | 0.02934 DAI |
10 RSR | 0.01574 DAI | 0.01603 DAI | 0.01796 DAI | 0.05867 DAI |
50 RSR | 0.07868 DAI | 0.08015 DAI | 0.08978 DAI | 0.2934 DAI |
100 RSR | 0.1574 DAI | 0.1603 DAI | 0.1796 DAI | 0.5867 DAI |
500 RSR | 0.7868 DAI | 0.8015 DAI | 0.8978 DAI | 2.93 DAI |
1,000 RSR | 1.57 DAI | 1.60 DAI | 1.80 DAI | 5.87 DAI |
Frequently asked questions
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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.