http://code.kx.com/wiki/Reference/Cmdline
-r is for Replication. It’s a way of mirroring the primary server state and can be used for something like creating a backup for primary server or to reduce load from primary server.
more details on implementation :
http://code.kx.com/wiki/Cookbook/Logging#Replication
http://www.timestored.com/kdb-guides/kdb-command-line-options#kdb-logging-replication