Convert SPACEM WORLD SPACEM to Resupply USD REUSD

SpaceM is a participation protocol on Avalanche that opens real-world projects to on-chain participation, coordinated through smart contracts. Taking part runs on SPCM, the ecosystem's native token, which also covers staking and access across the platform. Infrastructure-level participation sits with CORE NFTs, carrying ongoing SPCM distributions from pre-issued supply. SpaceM doesn't tokenize ownership — it digitalizes participation.

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.