Convert CETS on CRECK CETS to Resupply USD REUSD

We’re just a bunch of cracked cats, a community of rule-breakers chilling on the wild corner of the internet, creating dope shit together. We’re picking petty catfights, posting our own mugshots, calling the cops, and stirring whatever we can to keep the high going.

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.