Peoples Reserve

Peoples Reserve is a digital asset classified under the Ethereum ecosystem and the broader CeFi category, associated with a project that aims to combine Bitcoin collateral with traditional financial products such as mortgages and principal-protected notes. Its flagship offerings include a Bitcoin-powered mortgage, described as a seller-financing contract-for-deed available across all 50 U.S. states, and a Bitcoin Bond structured to protect nominal principal using a combination of U.S. Treasuries and Bitcoin. The stated goal is to give retail participants access to financial instruments that incorporate Bitcoin as collateral without the margin-call mechanics common in crypto lending.

The PRN token lives on the Ethereum network, though the data provided does not specify a consensus algorithm or block time that belongs to a chain native to this project, reflecting that it operates as a token on Ethereum rather than its own chain. The project description links the token to a suite of structured financial products rather than describing an on-chain governance or staking mechanism, so the precise role the token plays inside those products is not detailed in the available data. What is known is that the circulating supply stands at approximately 678,730,084 PRN out of a maximum of 1,000,000,000 PRN, placing it firmly within an existing and bounded supply schedule.

The data provided does not include a fee stream, revenue figure, or any record of protocol-level income, which means fee-based measures such as price-to-fees ratios that this site might calculate for other assets cannot be computed for PRN. At the point-in-time recorded, roughly 67.87 percent of the maximum supply is circulating, leaving a dilution overhang of approximately 47.33 percent — meaning nearly half the total supply has yet to enter circulation. The fully diluted valuation is 1.47 times the current market capitalisation of approximately 38,372,554 USD, reflecting the weight of that remaining supply. Without a documented fee mechanism, it is not possible to identify who pays into or receives from a protocol treasury.