Coinbase has announced its upcoming support for the Reserve Rights (RSR) token on the Base network. Users must transfer RSR exclusively via the Base network to avoid potential asset loss. Trading is scheduled to begin on April 22, 2025, at 9:00 AM Pacific Time (or later), contingent on meeting liquidity requirements. The RSR-USD trading pair will be rolled out in phases.
Key Details
- Network Restriction: Transfers must occur on Base; other networks risk irreversible loss.
- Trading Timeline: Liquidity-dependent launch post-April 22, 2025.
- Pair Availability: RSR-USD introduced gradually to ensure market stability.
👉 Learn more about Base network integrations
Why This Matters
- Enhanced Accessibility: Base network support expands RSR’s reach to Coinbase’s user base.
- Security Emphasis: Strict network compliance prevents transactional errors.
- Market Confidence: Phased rollout mitigates volatility risks.
Reserve Rights (RSR) Overview
- Utility: Stabilizes asset-backed currencies in the Reserve ecosystem.
- Adoption: Growing DeFi partnerships bolster its use cases.
- Performance: Historical data shows resilience in volatile markets.
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FAQs
Q: Can I transfer RSR to Coinbase via Ethereum or other networks?
A: No—only Base network transfers are accepted to prevent loss.
Q: When will RSR-USD trading go live?
A: After April 22, 2025, pending liquidity conditions.
Q: Is RSR available for trading immediately upon launch?
A: The RSR-USD pair will release in stages to ensure stability.
Q: What happens if I accidentally use the wrong network?
A: Funds sent via unsupported networks may be unrecoverable.
Q: Will Coinbase support staking for RSR?
A: Staking features depend on future announcements; monitor official updates.
Key Takeaways
- Compliance: Adhere strictly to Base network transfers.
- Timing: Mark April 22, 2025, for trading availability.
- Caution: Verify network settings before transactions.
By integrating RSR on Base, Coinbase reinforces its commitment to scalable, secure DeFi solutions. Stay updated via official channels for real-time announcements.