> 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
* **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. ### 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. * kCUR is used to back the community currency Kolektivo Guilder (kG) via Mento.