Convert Resupply USD REUSD to April APRIL

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.

Who we are: April is an ultra fast blockchain oracle focused on the emerging internet of blockchain world. Current oracles in the market are too slow to provide for applications which require super fast real world data on-chain in a trustless manner. What we believe: The world is entering an era of interconnected blockchains where millions of smart contracts will reside and interact with each other creating an Internet of blockchain. This new “Interchain” layer is where most of the world’s economic value will be tokenized, traded, refined and utilized. This second generation internet is already taking shape and April is positioning to become a major node in this emerging techno/economic space. We believe the changes which are coming will be far more fundamental and rewarding than those experienced during transition to the first generation internet. Our Purpose: April aims to build a more valuable world. We do this by providing smart contracts with the high speed data they require to execute efficiently thereby creating value for their users, whether consumers, businesses or governments.