Reserve Growth Simulator

How it works

Reserve Protocol earns fees from two product lines: index DTFs (actively managed token baskets, like on-chain ETFs) and yield DTFs (collateralised yield vaults). A fixed share of index fees is used to buy back and burn RSR on the open market; yield DTF staking rewards flow directly to RSR stakers. This simulator runs 10,000 Monte Carlo paths — each independently drawing TVL growth, fee income, P/HR multiple, token burns, and optional supply emissions — and shows you the distribution of likely RSR prices. Set your assumptions in the sidebar and press Run Simulation.

Year 5 outcomes · 10000 simulated paths

Median price at year 5

$0.124423

80% of simulations land between $0.001081 and $4.477213

89% of paths show a profit vs $0.001462 entry

P10

$0.001081

90% above

P25

$0.014445

75% above

Median

$0.124423

50% above

P75

$0.849701

25% above

P90

$4.477213

10% above

Starting conditions Index TVL $19.0M Yield TVL $99.0M Total TVL $118.0M Circulating 62.55B RSR Locked 37.45B RSR P/HR 350×
Current price $0.001462 - return multiples below are relative to this

Price distribution over time

Fan shows P10-P90 (80% of simulations) with P25-P75 (middle 50%) shaded darker. Solid line is the median. Logarithmic scale each gridline is a 10x step, so fat tails are visible without compressing the median.

What are the odds?

% of the 10000 simulated paths that reach or exceed each return multiple from your entry price of $0.001462.

Target Yr 1Yr 2Yr 3Yr 4Yr 5
Break even $0.00146284%88%89%89%89%
$0.00292569%82%84%85%86%
$0.00731236%68%77%79%80%
10× $0.01462415%53%67%72%75%
20× $0.0292485%36%56%64%68%
50× $0.0731191%17%39%50%57%
100× $0.146238< 1%8%27%40%48%
1000× $1.462380< 1%< 1%4%12%19%

Revenue composition

Index DTF platform fees + governance rewards vs Yield DTF staking rewards. Fan shows P10–P90 across all simulated paths — the split between the two streams can shift substantially depending on which product grows faster.

Index DTF revenue $22.5M median · 91% of total

Yield DTF revenue $2.2M median · 9% of total

Median · Yr 5 Rev / TVL 0.25% Index P10–P90 $801344–$622.7M Yield P10–P90 $196648–$26.2M

TVL & Holders Revenue distribution

Cross-sectional fan charts — at each year the shaded bands show where 80% (P10–P90) and 50% (P25–P75) of all 10000 simulated paths land. Log scale reveals collapses and PMF jumps that a single "base path" line would hide.

Total TVL

Holders Revenue

Burns, Emissions & Supply

Platform fees buy and burn RSR (reducing supply); locked tokens may be released into circulation (increasing supply). The net effect on circulating supply drives the price uplift or dilution shown below.

annual burn rate ≈ platformFeeRate ÷ P/HR = 36% ÷ 350 = 0.10% / yr · emission rate ≈ 5% ±2% / yr of locked

Burns are a constant fraction of supply — they don’t grow with TVL. At high P/HR multiples, burns are structurally modest; the protocol creates value through earnings growth, not buybacks. Emissions from locked tokens add dilutionary pressure that partially offsets burns. The net supply trajectory is what matters for price.

Burned in yr 5

155.7M RSR

median, this year only

Circulating supply

70.56B RSR

median at yr 5

Net supply change

+12.80%

vs initial circulating

Net supply price effect

-11.35%

burns minus emissions

Emitted in yr 5

1.88B RSR

from locked pool, this year

Still locked

35.57B RSR

median remaining at yr 5

Circulating supply over time

Distribution of year-5 prices across all simulations

Most outcomes cluster at the low end; the long right tail is the upside. Log scale.