TechFlow reports that the decentralized stablecoin protocol Reserve has announced a new issuance schedule for its governance token RSR. The plan mimics Bitcoin's emission curve, aiming to provide more predictable and sustainable supply growth for RSR.
RSR will adopt a deterministic issuance schedule modeled after Bitcoin’s emission curve starting from the 50% circulating supply point. This new plan replaces the previous "Slower Wallet" system, which allowed withdrawal of 1% of total RSR every four weeks. The new schedule reduces the amount of RSR issuable per unit of time.
Approximately 50% of the total RSR supply has already been issued, with the remaining 50% to be distributed under the new plan. The initial weekly release will be 0.19% of the total supply (190 million RSR), decreasing each week by a factor of 99.6157%.
Reserve plans to hard-code this issuance schedule into smart contracts within the coming months to ensure full determinism.
The project is still gathering community feedback on how to allocate the newly issued RSR, which may include uses such as incentive programs.
Reserve stated that the new issuance plan will give RSR supply stability and credibility similar to Bitcoin, which is crucial for achieving its long-term vision.
