what's resupply?
Resupply is a decentralized finance (DeFi) protocol focused on stablecoin lending and borrowing. It enables users to borrow reUSD, a decentralized stablecoin backed by yield-bearing tokens from lending vaults. Built in collaboration with Convex Finance and Yearn.fi, the protocol integrates advanced yield optimization strategies to enhance capital efficiency in DeFi ecosystems. The core mechanism involves depositing assets into vaults that generate yields, which are then used as collateral for borrowing reUSD. This creates a loop where users can leverage their positions while maintaining exposure to underlying yields. Resupply emphasizes security and transparency, with governance features allowing community participation in protocol upgrades and risk management. As a stablecoin protocol, Resupply aims to provide a robust alternative for liquidity provision in DeFi, supporting integrations with major lending platforms and automated market makers.
Resupply's CRVUSD lending pool on Ethereum has $793K TVL with 3.18% APR using wstETH collateral.
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ethereum
Has a CRVUSD lending pool with wstETH collateral on Ethereum achieving $793K TVL and 3.18% current APR.
The reUSD/scrvUSD pool secures a significant inflow of CRV rewards for the next two weeks following strong voter support in the latest veCRV governance round.
Curve Finance's $5M crvUSD credit line for the protocol launches this week, coinciding with the highest week of fees since the July exploit.
The $5M crvUSD credit line from Curve Finance goes live this week. RSUP records its highest week of fees since the July exploit.
crvUSD diversifies its backing to include ResupplyFi, with a proposal to add Emergency DAO multisig oversight in crvUSD and LlamaLend for safety as the integration scales up.
ResupplyFi ranks #10 among projects with the biggest 7-day percentage increase in token holder count.
Resupply proposes to mint and supply $5MM crvUSD into the sreUSD Llamalend market.
Curve Finance proposal enables direct crvUSD minting into the sreUSD lending market on Curve Lend.
New Pendle Finance vePENDLE campaigns launch on Votemarket featuring sreUSD among top markets, with users able to vote and claim rewards on Thursday.
Three-way partnership announced between ResupplyFi, Protocol FX, and Curve Finance for fxSAVE.
Exploiter deposited 1,607 ETH (~$6.5M) into Tornado Cash from June 2025 $9.6M exploit caused by oracle/collateral manipulation.
New Curve Finance gauge goes live for sreUSD on Stake DAO, enabling users to earn max-boosted CRV rewards.
Current epoch shows $100k fee generation while $RSUP staking yields increase to 50% APR with potential for further increases.
Project allocates 25,000 $RSUP tokens monthly for content creators as part of community engagement initiative.
fxSAVE LlamaLend market launches and quickly surpasses $1 million in Total Value Locked.
sreUSD token launches with yield generation for reUSD stakers.
Weekly fees exceed $100k with planned LlamaLend integration to use $sreUSD as collateral asset.
Deploys $66K in Curve Finance incentives program via Votemarket, ranking 6th among 21 protocols.
Exploit-related funds (1,000 ETH/$4.3M) transferred to intermediate address and being laundered through TornadoCash.
New Enso Build integration enables single-transaction deposits for any token into mainnet strategies.
$10M exploit debt fully repaid through $8.8M direct payment and $1.13M Yearn Finance loan, with ongoing revenue from staked positions to cover loan repayment.
Stablecoin LP pools offering 20-30% APR through Curve and Yearn integration, driving potential TVL growth through competitive yields.
$sreUSD token launch in development phase.
TVL recovers from 75M low to 83M, showing 10.7% increase in protocol liquidity.
On-chain messages sent to exploit perpetrators requesting communication via blockscan chat.
Protocol proposes 6 million token burn following $10M exploit
Security audit of codebase completed by team and ecosystem partners; proposal announced for dedicated Curve-specific audit team to prevent future exploits.
New StakeDAO strategies offer boosted Curve rewards for reUSD LP pairs, with multipliers ranging from 2.26x to 2.50x through Onlyboost optimization.
Official post-mortem published detailing wstUSR market exploit and recovery strategy
Technical vulnerability stems from unseeded ERC4626 vaults; future exploits preventable through market seeding before voting.
Protocol confirmed as official SubDAO of YearnFi, establishing formal organizational structure and governance framework.
Exploit triggers $58M TVL drop and cascading $87M TVL reduction in LlamaLend, despite maintaining stablecoin peg through $15M reserve deployment.
Protocol receives $640k in additional contributions, accelerating exploit debt recovery to 22% within first day.
Developer contributes $1.4M personal funds to cover exploit debt.
$50M treasury and Curve/Yearn team connection revealed while protocol actively suppresses user concerns regarding recent exploit.
Insurance pool designed for exploit coverage activates; integrated protocols crvUSD and LlamaLend maintain stability with no peg deviation during $9.3M security incident.
Treasury actively paying down bad debt from recent security breaches.
Oracle failure leads to protocol drain, impacting DAO treasury
Protocol experiences $9.5M exploit confirmed by BlockSec Phalcon security firm.
Protocol revenue declines from $190k to $175k, breaking sustained growth pattern.
Heavy redemptions ($128k weekly) trigger $6M decline in market cap, raising sustainability concerns for borrower retention.
Stake DAO implements 2.5x maximum boost for RSUP/WETH Curve LP providers through Onlyboost.
Protocol TVL reaches $140M with insurance pool commanding $40M; staking APR increases to 74% while insurance pool offers 22.6% APR.
Insurance pool offers 21% APY for reUSD deposits
Protocol fees increase for 7 consecutive weeks with staking APR at 62%+
Four new Votemarket campaigns launch with $170k in total rewards for Curve voters.
Stake DAO Onlyboost strategy for reUSD/scrvUSD reaches $20M TVL, offering maximized CRV rewards.
Protocol reaches $121M+ in loans with 22% weekly growth rate; Convex holds 20% as first subdao with $506K in protocol revenue generated.
TVL metrics show only two instances of stable coin outflows since inception, demonstrating exceptional capital retention.
Protocol reaches $125M TVL within weeks, developed by Convex and Yearn team members.
Growing TVL impacts ecosystem through falling LlamaLend borrow rates and increasing CVX bribes.
Stake DAO Onlyboost strategies reach $18M TVL, with scrvUSD strategy leading at $16M and offering enhanced CRV rewards.
Protocol reaches $100M borrowed milestone and deposits $80K RSUP for Curve Finance gauge voting.
Onlyboost strategy reaches $14M in deposits for reUSD/scrvUSD LPs on Stake DAO, offering highest veCRV boost rewards.
Convex Finance Treasury generates $78,000 in stable revenue over three weeks from staked position, surpassing $100,000 in first month.
Protocol reaches $100MM TVL milestone within first month of launch.
TVL reaches $100M collateral milestone with consistent growth in fees.
$80K RSUP tokens deposited for veCRV vote incentives on Votemarket.
$80M reUSD borrowed on platform within 23 days of launch.
New stablecoin farming opportunity offers 30%+ APR, significantly higher than standard 2-10% rates.
$10M TVL in Stake DAO Onlyboost strategies, with sfrxUSD offering highest CRV yields.
Current fee generation rate indicates monthly revenue projection of 260 ETH.
Maximum 2.50x CRV reward boost available through Curve Finance gauges on Stake DAO.
Protocol generates $500k monthly revenue ($6M annually) with $70M TVL, indicating high capital efficiency.
Maximum veCRV boost of 2.5x available on reUSD LP tokens through Stake DAO Onlyboost strategies.
Protocol fees projected to reach 175k (109e) this week, indicating significant growth in usage and staking rewards.
Protocol demonstrates growing impact through increased Curve Finance CRUSD income and reduced Llamalend rates, while generating fees for Convex Finance.
reUSD/crvUSD gauge achieves second largest TVL on Stake DAO Onlyboost with 2.5x yield boost available.
$1M reUSD deployed to Stake DAO Onlyboost strategies, enabling boosted CRV rewards from $30M TVL.
New protocol enables leveraged yield farming for Curve's Llamalend, potentially increasing CRV holder revenue through enhanced stablecoin deposits.
Significant yield farming catalyst: 22.75% of Curve's CRV inflation redirects to gauges, backed by $250K treasury injection.
New bribe distribution begins tomorrow across 3 pools, expected to increase APYs and protocol TVL.
Staking launch this week coincides with $150k daily revenue milestone; less than $1M currently staked will share rewards.
Bribes increase 50% to $731k with 37%+ Convex voter support for LP incentives.
$70K deposited on Stake DAO Votemarket for veCRV votes on reUSD gauges.
New yield farming strategy offers up to 25% APR through WBTC-crvUSD-reUSD loop with multiple token rewards.
20% of total RSUP supply going to Convex vesting over 5 years. RSUP currently at $2.10 per token. Year one emissions estimated to produce $12.6M in bribe income.
Generated $36k in fees in first week, annualized to $1.8M. Plans for Convex bribes and staked RSUP rewards.
Grown to $40M of collateral with $33M USD borrowed. Expected to increase to $100M+ borrowed in next 3-4 weeks.
Stablecoin looping platform built by Convex Finance and Yearn teams. $reUSD backed by crvUSD or frxUSD. Protocol earns through redemption and borrowing fees distributed to $RSUP stakers.
Has absorbed 20M+ crvUSD and pushed supply up to 82M from 60M within 3 days of launch.
Reached $10M+ TVL within 3 hours of launch on March 20. Offering 500%+ APR on crvUSD deposits in insurance pool.
Launching as Convex Finance's first subdao, positioned for stable farming.
Mentioned as launching soon with new stablecoin mechanisms. Connection to CVX token noted.
Completed second audit.
New protocol launched by Yearn and Convex Finance, built to maximize stablecoin yield with novel redemption mechanism and RSUP governance token.