Convert Resupply USD REUSD to MonkeDAO DAOSOL

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.

Stake with the DAOPool to earn double rewards and support all of the Solana community! Each SOL staked in the pool is distributed to the Solana communities’ validators, with the goal of further decentralizing the network while also supporting all DAOs. This MonkeDAO initiative aims to highlight the positive, constructive features of crypto, while serving as a resource for the entire Solana ecosystem.