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Lybra Finance: Some users can buy peUSD and convert it to eUSD for sale or debt repayment

2024-08-02 07:12
Odaily News LSD stablecoin protocol Lybra Finance said in a post on X: “We noticed that some users had previously converted their eUSD to peUSD but had not yet reversed the transaction. Given the current peUSD price, these users have exclusive arbitrage opportunities because only they have the right to convert peUSD back to eUSD. The team has published a list of eligible addresses, and users on the list can now buy peUSD, convert it to eUSD, and then sell or repay their debts.”