Convert Yay StakeStone Ether YAYSTONE to Resupply USD REUSD

The SocialFi “Yay!” provides a place where web2 and web3 meet, where users and investors co-exist, and where everyone can connect, create a community and earn rewards. Since January 2020, Yay! offers over 9 million users a place where users find their interests, get connected, create community, casually make group calls, and more. Now, we are building our tokenomics which require the participation of Web3 investors worldwide. Therefore, Yay! Staking Campaign is launched as part of our long-term vision. The Yay! Staking Campaign is designed to strengthen the Yay! ecosystem liquidity by allowing users to earn various rewards through participation. The campaign primarily targets Yay! supporters, encouraging them to stake their assets with protocol partners such as StakeStone, Kelp, and others via Yay! Dashboard. In return, participants can earn not only various points from these partners but also Yay! Gold and additional points along with future planned airdrop by Yay!

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.