> For the complete documentation index, see [llms.txt](https://kolektivo.gitbook.io/kolektivo-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kolektivo.gitbook.io/kolektivo-docs/tools/framework-tokens/reserve-token.md).

# Reserve Token

### Overview

The Kolektivo Reserve Token is an ERC-20 produced by a local instance of a [Kolektivo Reserve](/kolektivo-docs/tools/live-tools/reserve.md). The Reserve Token is backed by the assets held by the Reserve, such as [KTT](/kolektivo-docs/tools/framework-tokens/treasury-token.md), [Ecological Tokens](/kolektivo-docs/tools/framework-tokens/ecological-tokens.md) or cUSD, and used as collateral into the Mento system to mint the [community currency](/kolektivo-docs/tools/framework-tokens/community-currency.md) of the community economy. The Kolektivo Reserve Token introduces several utilities such as leverage, price ceiling and floor. 

### Utilities

* Reserve Delegates can mint more kCUR without any additional assets like KTT being deposited into the reserve. The maximum leverage ratio is a custom limit that determines how much leverage is possible. 
* The Reserve Token Minted by Reserve Delegates via governance proposals, constrained by leverage ratio.
* The Reserve Token's price is being held between a price floor and ceiling determined by the community. 
* The Reserve Token is used to back the community currency via Mento.

## The Kolektivo Curaçao Reserve Token

<figure><img src="/files/oobQoGkdpAcsBR7f8k6V" alt=""><figcaption></figcaption></figure>

* **Name**: Kolektivo Curaçao Reserve Token
* **Ticker**: kCUR
* **Standard**: ERC-20 on Celo
* **Total supply**: Elastic supply
* **Token address**

### Overview

kCUR is the Reserve token of Kolektivo Curaçao. It is used as collateral in the Mento system to mint the community currency: the Kolektivo Guilder. It is backed by the Curaçao Reserve's assets. kCUR's parameters, such as price ceiling and floor, are customizable through community governance.&#x20;

### Utilities

* kCUR is minted by Reserve Delegates via governance proposals.
* kCUR's price is constrained by a price floor and a price ceiling defined by Reserve Delegates.&#x20;
* kCUR is used to back the community currency Kolektivo Guilder (kG) via Mento.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://kolektivo.gitbook.io/kolektivo-docs/tools/framework-tokens/reserve-token.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.