A Web3-native monetary system backed by goods, services, and human potential
Powered by distributed multilateral exchange and credit clearing networks
Mutual Credit Clearing
Interest-free credit lines enable businesses to trade with each other on credit, without upfront cash, while settling debts in-kind.
Autonomous Stability
ReSource Network Currencies achieve market-derived value stability without being pegged to external assets such as fiat currencies.
Distributed Risk Management
Credit and network risks are assessed, priced, and managed by a distributed network of Underwriters.
Decentralized Credit
ReSource does not only disarms intermediaries and custodians, but decentralizes the logic of credit itself, effectively removing the creditor from the equation.
- Total Value Locked
- coming soon..
- Credit Underwritten
- 1,000,000
- APY
- coming soon..
A Decentralized Monetary System
How it works
Grassroots liquidity
ReSource allows currency to arise as a result of trade, instead of it being a requisite for it - This allows regenerative, circular economies to emerge without being dependent on external capital or state actors.
Endogenous supply
The amount of currency in ReSource trading networks expands and contracts to accommodate market activity - Its supply is always matched with demand.
Decentralized issuance
Currency on ReSource is minted and burned by the market itself to meet its needs. It’s neither centrally issued, subject to arbitrary algorithmic constraints, or pegged to fiat currencies.
Protocol Stages
Bennu
Stake to back the credits of US network of merchants
Raven
Automated underwriting pools separated by risk, network, and other parameters
Swan
Launch your own stablecredit network
Stake into the real world
ReSource staking rewards stem from the activity of real world businesses like startups, brick and mortar shops, SaaS providers, and utility companies. Even if crypto enters deep winter, BTC goes sideways and DeFi contracts, ReSource staking pools will remain unaffected.
ReSource in the media
There’s No Quick-Fix to Poor DeFi Accessibility, But There’s Hope: ReSource Co-Founder, David Casey
We caught up with David Casey, Co-founder and CEO of ReSource Protocol, for a quick chat where we tried to pick his brains as much as possible. And as expected, we received some amazing insights from him regarding the crypto and DeFi industry.
A Manifesto for DeFi for the People
The Celo Foundation launched the $100M DeFi for the People (DFTP) initiative on August 30, 2021, to make DeFi accessible to the 6 billion mobile phone users around the world.
3 Ways You Can Implement A People-First Approach In Your Business
As we collectively navigate through the beginning of our third pandemic year, it is clear that there are many elements of business processes that could use some revamping