Leverage

Resupply allows users to automatically leverage their position with one click. On the “Supply” page, under the deposit tab, users can toggle the leverage option on or off. Leverage allows users to loop the borrow & deposit process, amplifying the borrowed amount of reUSD.

Leverage Slider:

• Users can select a leverage level ranging from 2x to 19.1x.

• Higher leverage increases both the borrowed amount and deposited collateral.

Leverage Mechanics:

• When leverage is applied, the system borrows reUSD, swaps it for crvUSD/frxUSD, and deposits it as collateral.

Leverage Breakdown:

• Initial Deposit: The base amount of crvUSD/frxUSD deposited.

• Total Borrowed: The total amount of reUSD borrowed through leverage.

• Total Collateral: The final crvUSD/frxUSD collateral after applying leverage.

• Collateral Ratio: The percentage of collateral relative to borrowed funds.

Slippage Warning:

• Users will be informed about the estimated slippage (e.g., 0.24%) due to reUSD → crvUSD/frxUSD swaps.

• This means that the final collateral amount will be slightly lower due to the conversion rate and trade size.

Approval & Execution Buttons

• Approve: Grants permission for the smart contract to handle crvUSD or frxUSD.

• Deposit & Leverage: Executes the operation, depositing crvUSD or frxUSD and applying the chosen leverage amount.