Lybra Finance: Destroyed 63,000 peUSD by configuring contracts and unlocked the corresponding amount of eUSD

ChainCatcher news, the LSD stablecoin protocol Lybra Finance tweeted that to address the liquidity issue of eUSD, it has destroyed 63,000 peUSD by configuring contracts and unlocked the corresponding amount of eUSD. The unlocked eUSD is now being sold on CowSwap at a fixed price of $1.

The price difference generated from the sale will be used to support withdrawals for V1 recharge users. During this period, users can check and claim the remaining eUSD rewards in V1 and V2.