Convert Palmswap PALM to Resupply USD REUSD

Palmswap is a decentralized perpetual exchange for leverage trading on BNB Smart Chain. Users can trade with up to 10X leverage and use Market Order, Limit Orders, Stop Loss, Take Profit as well as conditional orders 100% on-chain. It’s token PALM fuels Palmswap’s ecosystem and holders can benefit from discount on fees, boost their affiliate earnings or participate in governance votings. Traders are incentivized by Palmswap’s Trade-To-Earn program, rewarding traders weekly with PALM tokens, based on their trading volume.

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.