who is that new stable coin player on the block? 👀🦛 Resupply $RSUP Convex Finance yearn

The first week is in the books! $44.7k in fees to the protocol in the first week with $35m in reUSD minted backed by $42m in collateral!

Thanks to yearn's gauge weight vote, the Resupply liquidity pools are really juiced now!

Park on Convex Finance or yearn to take advantage of these great rewards in $CRV and $CVX!

The Resupply flywheel is going to melt faces once’s it’s complete. $100M+ TVL incoming…

$RSUP

Let's look at the Convex Finance Balance Sheet. 418M $CRV ($.60) - $250.8M 7.45M $FXS ($2.25) - $16.76M 101,692 $FXN ($34.26) - $3.48M (We didn't include $PRISMA as those tokens will be migrated to Resupply.) Total Assets - $271M How does that compare to the Convex Valuation?

GM, Hippos.

Despite macro, there's amazing things happening. $RSUP Resupply is currently issuing week 1 of protocol revenue to RSUP stakers. The APR is sitting at 125% right now, paid in stables. In two days, week 2 begins issuing, with 2.9x higher rev. On track for ~$170k in week 3.

Bear Market = $RSUP 📈 Bull Market = $RSUP 📈 Resupply doesn’t care about the markets.

👀

100m $reUSD is just the beginning. Resupply is just getting warmed up!

The Resupply TVL chart is one of my favorite DeFi charts. Since inception they have only seen outflows of stables twice over a 24 hour period. If you’re patient, this TVL will grow to Billions. $RSUP is a money printer 🖨️

Hello! While working feverishly, we forgot to announce that hippo.army is now live! As with Curve Monitor, we've compiled awesome stats about Resupply, hoping to provide valuable insights about your favorite rehypothecation protocol for Curve Finance and

Brrrr

The Hippo says brrr.

. $1.4m of C2tP's personal funds used to pay down bad debt from Resupply recent exploit. What an unbelievable team with incredible ethics. Very inspiring! $RSUP etherscan.io/tx/0x18884d0a6…

A Resupply dev allocated $1.4M of personal funds to fill an exploit hole. Huge Props to C2tP. Between the personal funds and treasury they have plugged $2M of a $10M hole in under 24 hours. The reputation damage is tough but I think they will recover longterm.

Resupply is Resilient: Why RSUP Stakers Are Fueling a Comeback open.substack.com/pub/llamabottr…