Convert Resupply USD REUSD to Jersey Mike's Subs xStock JMKEX

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.

JMKEx (Jersey Mike's Subs xStock) is a tokenized equity product issued by Backed Assets, part of the xStocks family of tokenized stocks developed by Backed Finance. Each JMKEx token is a tracker certificate (ISIN CH1588658554) that tracks the price of Jersey Mike's Subs common stock. The product is fully collateralized: for every token in circulation, the issuer holds the corresponding underlying security on a one-to-one basis with regulated third-party custodians, and collateralization can be verified through a public on-chain proof-of-reserves feed. JMKEx is issued under an EU-approved prospectus and is deployed as a freely transferable token on multiple networks, including Ethereum, Solana, Arbitrum, Optimism, BNB Chain, Ink, Mantle, X Layer, HyperEVM and TON, giving eligible holders on-chain price exposure to Jersey Mike's equity with the transferability of a standard crypto token.