Convert WHALE WHALE to Resupply USD REUSD

WHALE is a community-governed organization focused on the long-term stewardship and support of natively digital art and culture. Established in 2020, WHALE maintains the WHALE Vault, a collection of digital artworks and other digital assets, and operates a member community around collecting, preservation, cultural programming and governance. The $WHALE ERC-20 token is used for membership, participation, community rewards and collective decision-making. Token holders can participate in governance concerning the organization and the Vault, subject to WHALE’s governance arrangements.

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.