Convert Mode MODE to Resupply USD REUSD

Mode is building Full Stack DeFAI, an advanced L2 network designed to scale DeFi to billions of users by leveraging AI agents and AI-driven financial applications. It’s a fully integrated ecosystem that enables AI-powered automation, smart treasury management, and autonomous financial operations. By combining the security of Ethereum with the speed and affordability of L2 scaling, Mode is setting the foundation for an agent-driven economy where AI-powered agents transact, trade, and optimize yield on behalf of users.

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.