Convert Low Quality Cat LQC to Resupply USD REUSD

The origin of the low quality cat remains surrounded in lore and mystery. Taken with 0.1MP on one of the first commercially available digital cameras, the true identity of the cat to this day remains unknown. However, it has since been immortalized on the blockchain forever in the form of $LQC and is celebrated by a cult following and lovers of genuine low quality everywhere. The community has burned 45% of the supply. The memes are endless.

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.