Reserve plans to reduce RSR issuance by mimicking Bitcoin’s emission curve

Decentralized stablecoin protocol Reserve has announced a new issuance plan for its governance token RSR. The plan will mimic Bitcoin's emission curve, aiming to provide RSR with more predictable and sustainable supply growth.RSR will adopt a deterministic issuance plan, mimicking Bitcoin's emission curve starting from the 50% circulating supply point. The new plan will replace the previous "Slower Wallet" system, which allowed for 1% of the total RSR to be withdrawn every four weeks. The new plan will decrease the amount of RSR that can be issued per unit of time.About 50% of the total RSR supply has already been issued, and the remaining 50% will be issued according to the new plan. The initial weekly withdrawal amount will be 0.19% of the total supply (190 million RSR), and the weekly withdrawal amount will decrease by 99.6157%.Reserve plans to hardcode the issuance plan into its smart contract in the coming months to provide full determinism.The project is still soliciting community feedback on how to allocate the newly issued RSR, which may include use for incentive programs, among other purposes.Reserve says the new issuance plan will provide RSR with similar supply stability and credibility to Bitcoin, which is crucial for achieving its long-term vision.