Convert CorgiAI CORGIAI to Resupply USD REUSD

What is the project about? CorgiAI is a community driven AI project centered around the creation of a tight knitted community. In CorgiAI, we would like to combine the best of AI with web3 capabilities and allow users to explore the limitless potential of AI technology. What makes your project unique? We are the first project on Cronos Chain to build with AI technology. We have ambitious plans to launch various features with the aid of AI Image Generative Tool and Chatbots so that our users can try out these tools while having fun and earning yields on our platform. History of your project. Our project was officially launched in Jun 2023 along with the ICO of our native token via VVS Finance. We are currently incubated in Cronos Labs Accelerator Program. What’s next for your project? We are in preparation to launch several features to expand the utility of $CORGIAI and to allow users exploring AI image generation technology. What can your token be used for? Currently, it is equipped with staking capability. However, in a near feature, it will be used for a wide range of features on our platform such as redeeming credits for generating images with AI.

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.