reUSD is the native stablecoin from ReSupply's protocol. It is minted against CDPs collateralized by stablecoins deposited on Curve Lend or Frax Lend lending positions. reUSD is also used in the protocol's Insurance Pool that is used to protect the protocol from bad debt and for liquidations events to buy back collateral.
reUSD is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of ReSupply, a protocol rated as Watch out.
reUSD is a stablecoin that trades within 100bps of its peg to USD, making it a somewhat volatile store of value.
ReSupply
reUSD does not have a supply schedule. reUSD is the native stablecoin from ReSupply's protocol. It is minted against CDPs collateralized by stablecoins deposited on Curve Lend or Frax Lend lending positions. reUSD is also used in the protocol's Insurance Pool that is used to protect the protocol from bad debt and for liquidations events to buy back collateral.