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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 0.001602. Inversely, this means that if you convert 1 DAI you will get 624.14 RSR. The conversion rate of RSR/DAI has decreased by 0.03% in the last hour (DAI/RSR increased by 0.03%). In the last 24 hours, RSR/DAI grew by 1.14%, while DAI/RSR shrunk by 1.13%.
The exchange rate of Reserve Rights is increasing. The current value of 1 RSR is 0.001602 DAI. In other words, to buy 5 Reserve Rights, it would cost you 0.008011 DAI. Inversely, 1 DAI would allow you to trade for 624.14 RSR while 50 DAI would convert to 31,206.96 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.96%. Meanwhile, in the last 24 hours, the rate has changed by 1.2%, 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 0.001563 DAI. Last month, 1 RSR was worth 0.00178 DAI. Today, it's down 10%. 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 72.69%.
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 1:16 pm
0.5 RSR = 0.0008011 DAI |
1 RSR = 0.001602 DAI |
5 RSR = 0.008011 DAI |
10 RSR = 0.01602 DAI |
50 RSR = 0.08011 DAI |
100 RSR = 0.1602 DAI |
500 RSR = 0.8011 DAI |
1,000 RSR = 1.60 DAI |
DAI to RSR values from Today at 1:16 pm
0.5 DAI = 312.07 RSR |
1 DAI = 624.14 RSR |
5 DAI = 3,120.70 RSR |
10 DAI = 6,241.39 RSR |
50 DAI = 31,206.96 RSR |
100 DAI = 62,413.92 RSR |
500 DAI = 312,069.59 RSR |
1,000 DAI = 624,139.19 RSR |
RSR to DAI over time
RSR | Today | 24H 1.18% | 1M -11.12% | 1Y -266.21% |
|---|---|---|---|---|
0.5 RSR | 0.0008011 DAI | 0.0007916 DAI | 0.0008902 DAI | 0.002934 DAI |
1 RSR | 0.001602 DAI | 0.001583 DAI | 0.00178 DAI | 0.005867 DAI |
5 RSR | 0.008011 DAI | 0.007916 DAI | 0.008902 DAI | 0.02934 DAI |
10 RSR | 0.01602 DAI | 0.01583 DAI | 0.0178 DAI | 0.05867 DAI |
50 RSR | 0.08011 DAI | 0.07916 DAI | 0.08902 DAI | 0.2934 DAI |
100 RSR | 0.1602 DAI | 0.1583 DAI | 0.178 DAI | 0.5867 DAI |
500 RSR | 0.8011 DAI | 0.7916 DAI | 0.8902 DAI | 2.93 DAI |
1,000 RSR | 1.60 DAI | 1.58 DAI | 1.78 DAI | 5.87 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.