Reserve Rights vs Waves — how do they compare? Reserve Rights trades at Rp21.07 (market cap Rp1,3T, Rp54,99M 24h volume), while Waves trades at Rp3,528 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Reserve Rights is far larger — about 2395.4× Waves's market cap, and Reserve Rights's supply is capped (62,6B / 100B RSR (63%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Reserve Rights for 44 Days and Waves for 74 Days on average.
| RSR | WAVES | |
|---|---|---|
Market Cap | Rp1,3T | Rp542,7M |
Volume (24h) | Rp54,99M | Rp54,88M |
Circulating Supply | 62,6B / 100B RSR (63%) | 133,5M WAVES |
Typical Hold Time | 44 Days | 74 Days |
What Pluang investors did over the last 30 days
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Reserve Rights is an ERC-20 token that can be used as the governance token for Reserve stablecoins (RTokens), by which changes to RTokens can be proposed and voted for with RSR. Unlike other stablecoins that are typically backed by U.S. dollars held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve stablecoins are backed by several cryptocurrencies managed by smart contracts.
Read more on RSR →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →