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USDV: Profit Use Case

April 15, 2022
Ecosystem Updates , Stablecoin , Velero Dao

Dear community!

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 ( 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!


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