Convert Tori Ecosystem Vault ETRUSD to Resupply USD REUSD

Tori Ecosystem Vault (etrUSD) is the share token of a vault operated by Upshift on Ethereum. The vault accepts trUSD, the synthetic dollar issued by Tori Finance, and deploys it across DeFi venues including Curve liquidity, Pendle, Morpho and staking within Tori. etrUSD is an ERC-20 token representing a proportional claim on the vault's holdings. It is not a pegged stablecoin: its redemption value is determined by the vault's net asset value per share, which changes as the underlying positions accrue or lose value. Holders receive etrUSD on deposit and redeem it for trUSD.

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.