Convert Pirate Nation Token PIRATE to Resupply USD REUSD

Pirate Nation is a Web3 game where users collect pirates and send them on adventures to gather crafting materials, treasure, and pirate gold. Pirates gain experience and level up from their adventures. PIRATE is the utility token of Pirate Nation. Players can earn PIRATE by participating in quests, tournaments, ecosystem building, and other Pirate Nation related activities. PIRATE can be converted into Pirate Nation’s non-transferable in-game token, GEMS. GEMS can be used for various gameplay-enhancing benefits, such as speeding up timers, purchasing resources and PGLD (in-game soft currency), changing a pirate’s or ship’s name, or playing Pirate Nation’s player vs. environment system, Endless Gauntlet.

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.