Convert Polkaswap PSWAP to Resupply USD REUSD

Polkaswap is a next-generation, cross-chain liquidity aggregator DEX protocol for swapping tokens based on the Polkadot (and Kusama) network(s), parachains, and other connected blockchains . Through the development of bridge technologies, Polkaswap can also enables the trading of Ethereum-based tokens and tokens from other blockchains For example, the development of the Bitcoin bridge is near completion and Bitcoin will soon be tradable on Polkaswap. This trading is done seamlessly, at high speed and low fees, while exchanging assets in a non-custodial manner on the SORA network.

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.