Convert FaceDAO FACEDAO to Resupply USD REUSD

FaceDAO is a web 3.0 decentralised platform where people can create and join the decentralised communities and interact with 100% real people worldwide. It is the next-generation social media platform built on the blockchain that provides a trusted and open environment to its users. The platform profoundly respects the freedom of expression and ensures that only genuine information and content is shared.     It offers highly innovative and distinctive features for social networks. The most exciting thing is it is free to use and easy to set up.

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.