Please publish a guide to LP-Tokens

Hello,
can you please publish an official guide how to pay off your debt with LP-Tokens bought on WX-Exchange, and pin it in this chat and on vires?
Currently you can make at least 20% profit if you offset your debt with LP-Tokens, but I think most borrowers don’t know how.
This will help strengthen the LP-Price, and brings trust back.
Buying LPs and paying debt with them is currently profitable till $1.16 Vires_USDC_LP(since USDN is still depeged $1.07 currently)
Greets:)

Is this considered defi arbitrage? Have you figured this out yet? I would like to experiment as this concept is intriguing.

1 Like

Well, if you have debt, you can certainly try that out. The problem and what everyone is waiting for is the continuation of borrows in USDC/USDT…
So atm it makes only sense to buy LPs if you speculate on them opening borrows soon again, or if you already have USDT/C debt.:slight_smile:

1 Like