Convert Polly Finance POLLY to Resupply USD REUSD

Polly Finance is a completely community-driven platform where users can create and manage diverse baskets of tokens on Polygon, called nests. Nests have autonomous rebalancing and yield farming in a variety of protocols. POLLY is the governance token for the Polly Finance platform. Holders can use their tokens to vote on proposals to further the ecosystem, including the composition of nests, strategies they will follow and the future direction of the project. POLLY can be earned by participating in the yield farming program, which distributes tokens to users of the platform. In order to create a Nest, you have to burn an amount of Polly. As the burning process is complex, the recipe for nDEFI will automatically buy and burn the right amount for you during the creation process. The amount of Polly to be burned is currently tied to the volume demand of your issuance order, but governance may vote to change this model.

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.