Convert Arcus HOOD (3x Long) PHOOD3X to Resupply USD REUSD

pTokens are an ERC-20 primitive built on Arcus, a spot and perpetuals decentralized exchange operating on Robinhood Chain. Each pToken tokenizes an Arcus perpetuals account, so fractional, freely tradable shares in that account's assets and open positions can trade like any other token. Holding a pToken gives leveraged exposure to a target market and leverage level without needing to open a perpetuals account, post collateral, monitor margin, or manage rebalancing directly. The account behind each pToken is rebalanced automatically whenever its exposure drifts past a set threshold, keeping it close to its stated target. Because pTokens are standard ERC-20s, they sit in any wallet, transfer in a single transaction, and work with anything on Robinhood Chain built to handle ERC-20 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.