Convert All Your Base AYB to Resupply USD REUSD

In the beginning there was block 0. And in block 0, Base wrote one line: "all your base are belong to you." No transactions. No token. Just the meme. $AYB is the token homage, on Base since 2023. Then the project made the line literal with AYB Bags. Each bag is an NFT that is also its own wallet, so a holder's base is truly theirs, carried in a bag they own. A bag holds $AYB and any Base token, and its picture changes with what it holds; swaps made inside the bag light it up making it eligible for airdrops. Revealing a bag can win $AYB or tokens from allied Base projects, and 80% of the creator fee buys and burns $AYB.

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.