The "R2R" designation refers to a release group in the software scene. generally denotes a pre-activated or properly emulated version of the retail software.
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Detailed release notes and official documentation for this specific version are still hosted on the Avid Knowledge Base . Protools 2021.7.0 - Page 5 - Avid Pro Audio Community
: Initial support for M1-based Macs running macOS Big Sur via Rosetta 2.
2021.7 solidified the foundation for the "modern" Pro Tools era, moving away from legacy bugs and setting the stage for faster, more customizable production environments. Conclusion