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.

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