REUSD
Resupply USD
- Price
- $0.9932
- 24h
- +0.1%
- 7d
- +0.0%
- Market cap
- $45.9M
- 24h volume
- $2.8M
ethereum
0x57ab1e0003f623289cd798b1824be09a793e4bec
Resupply USD (REUSD) is a stablecoin on Ethereum. 46.2M are in circulation, with no maximum. It ranks 481st by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, explorer and X.
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.
- Circulating
- 46.2M
- Total supply
- 46.2M
- Max supply
- No cap
Supply as of 23m ago