Foresight News, LSD stablecoin protocol Lybra Finance tweeted that in order to solve the liquidity problem of eUSD, it has burned 63,000 peUSD and unlocked the corresponding amount of eUSD by configuring the contract. The unlocked eUSD is now available for sale at a fixed price of $1 on CowSwap. The difference in the price generated by the sale will be used to support the withdrawal of V1 depositors. During this period, users can check and claim the remaining eUSD rewards in V1 and V2.
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Lybra Finance: Burn 63,000 peUSD and unlock the corresponding amount of eUSD by configuring the contract
Foresight News, LSD stablecoin protocol Lybra Finance tweeted that in order to solve the liquidity problem of eUSD, it has burned 63,000 peUSD and unlocked the corresponding amount of eUSD by configuring the contract. The unlocked eUSD is now available for sale at a fixed price of $1 on CowSwap. The difference in the price generated by the sale will be used to support the withdrawal of V1 depositors. During this period, users can check and claim the remaining eUSD rewards in V1 and V2.