Convert DeFiGeek Community Japan TXJP to Resupply USD REUSD

DeFiGeek Community (DFGC) is a decentralized community that originated in Japan, dedicated to building practical and composable DeFi Dapps and tools that help drive the evolution of Web3. Unlike many communities that revolve around a single protocol, DFGC embraces a multi-project philosophy, encouraging innovation across a wide range of decentralized applications. Our community includes experienced developers, designers, researchers, and supporters who collaborate to create open-source, transparent, and community-governed tools. DFGC is not limited to developers—we welcome anyone passionate about contributing to the decentralized future, whether through ideas, design, operations, or outreach.

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.