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In This Article
- RSR Crypto Price To Soar Today
- Why Reserve Protocol?bitcoin exchange whale ratio
Decentralized token folios (DTFs) are tokenized bundles of crypto assets, or a digital portfolio you can tweak on-chain. The Reserve Protocol, powered by RSR, crafts what’s in the portfolio to offer crypto diversification, according to the assets’ price and size.
Interestingly, the recent 1.28 million RSR burn event has brought bullish sentiment on how it would impact the crypto price and the protocol’s future.
The first burn, which happened exactly a month ago, did come with a promise of monthly repeats. The goal is to shrink RSR’s supply and nudge its value up by slashing supply and bumping demand. With the next burn lined up for today, June 20th, we are about to see how this plays out in real time.
It’s official: The first-ever $RSR burn is in the b̶o̶o̶k̶s̶ blockchain 🔥
At 15:29 UTC, 1.28M RSR was sent to a burn address, marking the first of a monthly burn of Index Protocol fees
The next burn is scheduled for June 20 🫡
Tx: https://t.co/Hm70RVgpYQ pic.twitter.com/vPnk0qmo00
— Reserve 🌐 (@reserveprotocol) May 20, 2025
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