Resupply USD (REUSD)

Rank #615

Resupply USD (REUSD) is a decentralized stablecoin designed to maintain stability using Collateralized Debt Positions (CDP). It seeks to leverage the liquidity and stability of lending markets, linking collateral management to the returns generated in these operations.

How Resupply USD works

REUSD is backed by other yield-generating stablecoins in lending markets. The proposal considers the borrowing rate, adjusted to remain aligned with the lending rate and a level associated with a risk-free benchmark, according to the design rules defined by the protocol.

Yield objective and risk management

The structure was designed to maximize returns while maintaining the relationship between the borrowing rate and the lending rate under previously defined terms. This creates a distribution mechanism that attempts to balance yield and exposure within the system’s parameters.

Emissions, incentives, and sustainability

Emissions are directed to three fronts: the insurance pool, voting incentives, and directly to borrowers. The amount of revenue generated by borrowers is linked to the volume of emissions received by each one.

Where REUSD can be used

The launches targeted for the ecosystem include platforms such as Curve Lend and Fraxlend. Thus, REUSD connects to the Ethereum ecosystem and to the use of stablecoins in lending and liquidity routines.