CryptoCurrencies
18728
Exchanges
500
Total Market Cap
4,387,987,270,615
Volume 24h
280,282,528,227
Dominance
BTC 52.67%   ETH 13.01%   XRP 4.29%   USDT 3.88%

Resupply USD
REUSD

0.9900
$
0.01 %
Change 24h
Market Cap
$ 79,352,135
Volume 24h
$ 7,518,559
Circulating Supply
80,151,620
Total Supply
1
REUSD
$
# Exchange Pair Price Volume 24h

Description

A decentralized stablecoin backed by Collateralized Debt Positions (CDP), leveraging the liquidity and stability of lending markets. The Resupply stablecoin is backed by other stablecoins that are earning interest on other lending markets. Designed to maximize yield returns by having the borrow rate always be half the lending rate being earned, half the risk-free rate, or two percent, whichever is greater. Emissions are designed for long-term sustainability by directing at three groups: the insurance pool, voting incentives, and directly at borrowers. The revenue that borrowers generate will directly correlate with the emissions directed towards them. The more revenue a borrower generates for Resupply, the greater the share of emissions it will receive. Targeted platforms for launch are Curve Lend and Fraxlend.