Russian DeFi Profile picture
Apr 12 12 tweets 6 min read
So today i’ll be going into one of my favourite projects into this space $RSR - @reserveprotocol

For some time people haven’t understood my conviction with price not necessarily reflecting however the aim of this is to prove why conviction will always pay off.
#RSR

1/12 🧵
Reserve is a project which prides itself in the deliverance of stable currency to counteract hyper-inflated economies.

In their minds, access to a stable currency is a human right. Which led to them building a software to assist people in coping with hyperinflation.

2/12
Without regurgitating information you can find on their website, another key branch of Reserves mission is to provide every person in the world access to stable currency.

This is the easiest way to sum up their mission.

One which “trusted” governments have failed in.

3/12
Reserve has two different crypto currencies which usually causes confusion but it’s pretty straightforward.

$RSR - Protocol Token
$RSV - Reserve Dollar (Stable Currency)

You can find $RSR on a range of exchanges : Binance, KuCoin, Crypto.com

4/12 Image
Solving a problem as large as hyperinflation needs a dedicated team. If governments have failed, you can imagine the tight-rope the Reserve team is walking on.

I have previously done a collaborative article with @RSVSinatra (Reserve CM) and the efficiency was 2nd to none.

5/12
@nnevvinn who is the Co-Founder also has a track record for his honesty ab the developments and constant AMA’s keeping people in the loop about whats going on. Dedicated to building.

You can find the article I done with @RSVSinatra here 👉 therussianroundup.medium.com/the-russian-ro…

6/12
We are in a small minded space and people fail to see the bigger picture.

There have been some concerns from people regarding the speed of Reserve Mainnet which would give $RSR full utility

Utility + Demand = PAMP right?

Penny wise, pound foolish.

7/12
It’s not that simple when you are trying to tackle hyperinflation. Delays to ensure that the protocol is of the standard it needs to be should be expected.

I came across the Reserve Mainnet progress bar and you can see what stage of development they’re at 👇

8/12 Image
Delaying your gratification isn’t easy but, i’ve been accumulating $RSR since late 2020 and sure there were other coins I could’ve fuck off X’d my money but watching how far Reserve has come to have 17,000 merchants isn’t shy of impressive.

9/12
I try and buy as often as I can to then pay myself when price does move upward however I have a stack of tokens that i’ll always keep accumulating too until I believe the project is representative of what they’re trying to achieve.

That might take another 2 years.

10/12
It might take 2 months, but I’ve never felt more secure in an investment since buying Reserve. I could be wrong but the conviction hasn’t been shy of profitable up untill this point. With more $RSR than ever.

@reserveprotocol is my high conviction play, what’s yours?

11/12
If you enjoyed this 🧵 once again make sure you check out my publication 👉 @RussianRoundup & Join Our Free Telegram Chat👉 t.me/RussianRoundup…

Reserve Twitter 👉 @reserveprotocol
Reserve Website 👉 reserve.org/en/

12/12 🧵

#Crypto #Bitcoin #Ethereum

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More from @RussianDefi

May 25
I always love sharing any new information I come across but sometimes you got to go back to basics.

$QNT Has been on my radar for some time but the opportunity has never been better.

But what is $QNT really about...

Let's find out

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#Crypto #Blockchain #DLT #Quant #QNT
Just a disclaimer before I get started, I will be writing threads on projects that interest me through the 🐻 but I'm not giving you investment advice.

Specific buy orders are strictly for members library but we can always share fundamentals for free so let's get started.

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What is $QNT - Quant?

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Now if you are like me and not too familiar with the deep tech, this probably doesn't mean much but...

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Read 12 tweets

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