coinREUSD #631

Resupply USD

1.00USD+0.66%+0.66%As of: Dec 08, 08:07 UTC

Key Statistics

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Resupply USD Converter

REUSD
=
USD

About Resupply USD

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.
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Price Performance

1D
0.66%
7D
-6.21%
30D
-2.37%
YTD
N/A
N/A
1Y
N/A
N/A
Key Statistics
24H Range
Low$0.99877458912High$1.04
24h Volume
1.6M
Market Cap
52.3M
Circulating Supply
52.2M
Total Supply
52.2M
Rank
631
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
564.762
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.03
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