Convert Turbos Finance TURBOS to Resupply USD REUSD

What is the project about? Turbos Finance is a non-custodial and hyper-efficient decentralized exchange (DEX), backed by Jump Crypto and Mysten Labs. Built on Sui since June 2022, Turbos brings a universal notion of digital asset ownership and unprecedented horizontal scalability to DeFi. What makes your project unique? User-friendly DEX Our platform offers user-centric and intuitive trading features in token swap, liquidity provision and token bridging. Unique social features are added to create a seamless and efficient trading experience for our users. Smart Routing With smart routing, users can trade assets amongst liquidity pools. This pioneering feature calculates the best route based on available liquidity and swap fees in each pool, ensuring users get the best possible rate for their trades. One-off liquidity layer Serving as a one-stop-shop solution in the Sui ecosystem, we are the ultimate liquidity powerhouse with concentrated liquidity AMM, TurboStar (launchpad), TurbosBoost and perpetual trading offered all-in-one. History of your project. We deployed on Sui devnet since June 2022. What’s next for your project? Q2 2023 Testnet Smart contract audit IDO/IEO TurboStar launchpad TurbosBoost campaign Social trading feature enhancement Q3 2023 Perpetual AMM What can your token be used for? TURBOS, the protocol token on Turbos Finance, is underpinned by a strong token infrastructure designed to provide incentives, rewards, and various utilities for community members, fostering a thriving and dynamic ecosystem.

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.