Convert Resupply USD REUSD to QBX QBX

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 qiibee foundation is building the decentralized payment infrastructure for the $500bn rewards economy, fueled by the $QBX. The vision is to position loyalty currencies as one of the top three global payment methods. The qiibee foundation offers a decentralized payment infrastructure - known as the qiibee Rewards Chain - that enables businesses and consumers to trade loyalty currencies and enrich them with more liquidity. The $QBX is used as the gas to trigger transactions connected to creating, earning, spending and exchanging loyalty tokens and loyalty NFTs on the qiibee Rewards Chain.