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

On August 2, Lybra Finance, the LSD stablecoin protocol, said in a post on X: “It has come to our attention that a number of users have previously converted their eUSD to peUSD but have not yet reversed the transaction. Considering the current peUSD price, these users have access to an exclusive arbitrage opportunity as 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 pay off their debt.”