Convert EigenCloud EIGEN to Reserve Rights RSR

EigenCloud, a developer platform that extends the main benefits of the blockchain – trust and verifiability – to any application, on or offchain. Built atop EigenLayer and powered by the EIGEN token, the EigenCloud platform brings all of EigenLayer’s third-party Autonomous Verifiable Services (AVSs) and our first-party developer primitives, including EigenDA for data, along with two new primitives, EigenVerify for dispute resolution, and EigenCompute for execution, into a unified cloud platform. EigenCloud gives developers building on any blockchain the tools to finally build verifiable and trustless Web2 applications and services. It transforms verifiability into a programmable, cloud service enabling developers to prove what happened, why it happened, and that it happened, across domains where trust and correctness matter most: LLMs, AI agents, prediction markets, medical records, traditional media, social media, and countless more.

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.