Resupply USD

reUSD

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.

Risk Rating

Average

What is Resupply USD?

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Information

Blockchain

Ethereum

Info

Asset Type: ERC-20

Key Metrics

Risk Assessment

Average

Asset Strength

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.

Dependencies

ReSupply

Asset Tokenomics

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.

Things to know about reUSD