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We’re thrilled to announce that Reserve Rights ($RSR) and Vanar Chain ($VANRY) are now available for trading on Kraken!
Funding and trading
Trading for $RSR and $VANRY is live as of 14:00 PM UTC November 26, 2024.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
The new tokens are tradeable on Kraken and Kraken Pro with the following parameters:
| RSR | USD, EUR | 0.00001 | 1000 | 1000 |
| VANRY | USD, EUR | 0.00001 | 100 | 100 |
Note:
Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). $RSR is currently unavailable in US, DE and CA. $VANRY is currently unavailable in DE.Here’s some more information about these assets:
Reserve Rights (RSR) – RSR is the governance token common across all Reserve protocol asset-backed currencies (“RTokens”). RSR can be staked on any RToken, where it has two roles: (1) Staked RSR may receive a portion of the RToken collateral’s revenue in exchange for being the first capital-at-risk in the case of collateral default, and (2) Staked RSR proposes and votes on changes to the RToken’s configuration. RSR holders can also decide not to stake their RSR at all.
Vanar Chain (VANRY) – VANRY is a cutting-edge decentralized asset management platform offering users algorithmic trading tools and portfolio optimization. It leverages blockchain technology to ensure transparent, secure, and automated investment strategies for cryptocurrencies. VANRY provides scalability and intuitive interfaces, empowering investors to maximize returns with minimal effort, revolutionizing how portfolios are managed.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.
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