Convert Resupply USD REUSD to Sturdy STRDY

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? Sturd is a lending protocol that accepts interest-bearing tokens as collateral, enabling yield farmers to take on up to 10x leverage! Lenders also receive a portion of yield farming profits to create the first positive-sum interaction where borrowers don't have to be charged interest to generate yield to attract lenders What makes your project unique? Sturdy is grounded in composability and creating a greater DeFi ecosystem as a whole. Sturdy integrates several protocols from across DeFi to provide yield farmers with leverage typically reserved for traders. Sturdy also held the title of the largest tokenless lending protocol on Ethereum for several months before airdropping $STRDY to our users and users from across DeFi. History of your project. Sturdy launched on Fantom of March 2022, launched on Ethereum in June 2022, has amassed over $30,000,000 in TVL at peak, released token to transition to DAO governance at the beginning of 2023 What’s next for your project? What can your token be used for?