We wanted to share a possibility how to earn extra 10–15% in current situation, if you already opened a vault.
Let’s check it step by step, you should:
1) buy USDV on WagyuSwap (https://exchange.wagyuswap.app/swap?inputCurrency=0xd12f7A98C0d740E7Ec82E8caF94EB79C56D1B623) in the pool from BUSD at 0.85.
2) partially repay the debt of USDV in the vault (USDV was issued at a price of 1).
Important: the debt in the vault can be repaid PARTIALLY.
3) withdraw excess collateral (VLX or WAG).
4) sell it for BUSD on WaguySwap.
5) rejoice in profit!
The documentation and VeleroDAO codebase are publicly available on Github.
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