Convert Resupply USD REUSD to Maia MAIA

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.

What is the project about? Maia is the yield powerhouse of Metis with its community rooted in this Ethereum L2. With a 100% fair launch via bonds Maia is a truly community owned token. Maia aims to be a one stop shop for different financial instruments, a fully fledged trading hub with Hermes being the first piece of the puzzle. In order to sustainably bootstrap our surrounding ecosystem, Maia plans to keep on-boarding long term partnerships with protocols that ultimately add value to both our holders and partners. What makes your project unique? $MAIA is a utility and governance token that drives the coordination mechanisms behind the whole Maian ecosystem. This allows us to decentralize the decision making process while at the same time entitling the token stakers of their share of the profits generated by the Maian Treasury. As a DAO we constantly push towards improving our decentralized governance structure and processes. History of your project. A group of partially doxxed friends who have been navigating crypto this last 5 years and have expertise in different fields ranging from smart contract and front end development, economics and marketing as well as a deep interest and understanding in the tokenomics, incentive systems and DeFi primitives behind Solidly, Curve and Olympus. What’s next for your project? Maia V2 will some of these new features. 1. Emissions and Tokenomics - Detailed emissions and supply information leading up to and from V2 Launch. 2. Improved Earnings - New layer of revenue for Maians. 3. Increased Utility - Additions to the token’s utility. What can your token be used for? Currently Maia token can be staked and when you stake, you lock MAIA and receive an equal amount of sMAIA. Your sMAIA balance rebases up automatically at the end of every epoch. sMAIA is transferable and therefore composable with other DeFi protocols.