Convert Mongoose MONGOOSE to Resupply USD REUSD

Mongoose was released as an ERC-20 token 8th Septmember after the Congress hearing into crypto. Senator Brad Sherman asked what would happen if a meme coin called Mongoose Coin were created. A skilled and experience team released Mongoose Coin, $mong. Mongoose Coin aims to primarily bring more people into crypto with safe token that’s locked and renounced. With a big goal fitting of the regulation theme. Mongoose will create the first ever platform to allow anyone to post their own predictions of ERC-20 and BSC coins. The platform will record the price and time the caller posted their prediction. This new platform will flip the current model of influencer based calls on it’s head to results based calls being recognised regardless of their followers.

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.