Convert Mu Digital Locked AZND LOAZND to Resupply USD REUSD

Mu Digital is a protocol focused on bringing Asia based fixed income assets onchain through tokenization. The platform structures credit products, such as government bonds, corporate bonds and private credit, into two onchain tokens. AZND (Asia Dollar) represents the senior tranche backed by underlying credit assets. loAZND is the locked, yield bearing version of AZND. Tokenized assets are held through regulated offchain entities with third party servicing and reporting. Mu Digital publishes onchain data to provide transparency around portfolio composition and yield. The protocol also integrates with DeFi applications such as decentralized exchanges, lending markets, and yield management platforms to expand the utility of its tokens.

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.