Convert Resupply USD REUSD to Elephant Money (TRUNK) TRUNK

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.

Elephant Money TRUNK is a cross-chain deflationary utility token of the Elephant Money protocol that is used as collateral in various DeFi ecosystems. Elephant Money Trumpet is a store of value backed by TRUNK that only goes up in value. Trumpet has zero transfer or dev fees, a low 5% fee is charged on minting and redemption. EMT grows in value linearly and is fully backed by the TRUNK deposited with zero reliance on third party liquidity. Bridge TRUNK to Solana and borrow USDC to maximize your gains.