Convert Kangal KANGAL to Resupply USD REUSD

KANGAL is the governance and value token of the Kangal dApps ecosystem. KANGAL holders are the stakeholders of the Kangal DAO and can create and vote on proposals that shape up the future of the project. KANGAL staking will be the only way to mint the utility token $TEAK which will power the dApps ecosystem that will start with decentralized applications built by the core team and eventually the platform will turn into a dAppStore where other developers, teams, or companies will be able to submit and publish their dApps. One of the first dApps of the platform will be an NFT drops platform which will eventually turn into a full-fledged NFT marketplace.

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.