Convert SK hynix tokenized stock (xStock) SKHYX to Resupply USD REUSD

xStocks are tokenized representations of publicly traded equities and ETFs. Each xStock token is fully collateralized 1:1 by the corresponding underlying asset held with a regulated custodian. xStocks are issued through a compliant legal structure and are designed to function as blockchain-native instruments that integrate with wallets, exchanges, and DeFi protocols. They are currently available natively on Ethereum, Solana, Arbitrum, Mantle, TON, Ink, and other EVM-compatible networks. xStocks provide onchain exposure to well-known stocks and ETFs in a format that supports transfers, composability, and interaction within decentralized finance, while preserving a direct economic link to the underlying equity.

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.