Convert Sugar SUGR to Resupply USD REUSD

SUGAR BUSH (SUGR) is a community-maintained memecoin and Cardano native asset inspired by a 2013 BitcoinTalk forum discussion involving Charles Hoskinson and Sugar Bush the squirrel. The SUGR asset was launched on Cardano in November 2024 and is now maintained through a community-led revival. The project focuses on maintaining and developing the existing SUGR community, restoring its public infrastructure and preserving accurate information about the original asset rather than issuing a replacement token. SUGR has zero decimal places and continues to operate under its original Cardano Policy ID.

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.