Convert Celo Euro CEUR to Resupply USD REUSD

Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform. The Mento ecosystem connects traders, businesses and individuals across borders through stable digital assets that preserve value while enabling smooth cross-currency transactions without traditional banking limitations. Please see for more details on the project.

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.