Overview

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.