Convert Resupply USD REUSD to CoinMarketCap 20 Index DTF (Reserve) CMC20

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.

The CoinMarketCap 20 Index DTF (Reserve) (CMC20) is a liquid index token that tracks the CoinMarketCap 20 Index. The CMC20 Index is a benchmark designed to measure the performance of the top 20 cryptocurrency projects by market capitalisation, as ranked by CoinMarketCap. It excludes stablecoins (i.e. USDT), tokens that are pegged to other crypto assets (i.e. WBTC or stETH), and assets with limited inevitability (e.g. potential litigation risk, or limited circulating liquidity). The index represents the broader cryptocurrency market while providing insight into the performance of a diverse set of digital assets.