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

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Cointime2024/08/02 09:29

By:Cointime

Lybra Finance, the LSD stablecoin protocol, posted on X saying: "We have noticed that some users have previously converted their eUSD to peUSD but have not yet cancelled the transaction. Considering the current price of peUSD, these users can obtain 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."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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