I was getting pills before usual, maybe dashboard is crazy. Was crazy to see the amount of usual i need to give

inverse 'premium'

that's weird should be good lol apy early days was huge

Before tge

i mean exact date after tge or before tge ?

Since December

tbh dont think it's gonna happen man, the best is to monitor what happens next week and decide whats the best time to close

when you start stake ?

Im 6fig+

How can i stake those USUAL? I got them on metamask AND i got eth for fees

Because even at this price, my airdrop is worth 40% ROI

And I am telling you, you have either a very small bag

I havent sold any usual since day 0

USUALx is a share of a vault

For me to redeem 1:1 it's the cost of airdrop+ all usual earned + extra. I am telling you what I'm seeing

Why the number of USUALx Is lower than USUAL?

addr : 0x35D8949372D46B7a3D5A56006AE77B215fc69bC0 I cannot send the link since I will get banned over it ... a tip : you can search for the name of the coin directly in the search bar next time, for example here you could search USD0++ in Etherscan

AirDrop was atleast 40% ROI so idk what’s he’s you’re talking about lol

niceee

The big FUD is over bro, only way is up now

So can anyone explain why redemption 1:1 costs 8.6% of total? It's worth more than airdrop and usual staked up to this day, man man. Forced community member

Yes.

do you have contract addr or etherscan link please ?

it was higher 10 hours ago on the UI also never went lower the 30% and 24% for the LP's

I think team considers 'USD0++ = 0.87USD0' as parity.

am i getting psyops ? i thought people will rush exit and tvl will go to zero ? looks like based on dune the huge outflow was 5 days ago.

10 hours ago

Why are the APY shown on the Dune dasboard made by the Usual team lower the the UI? @Noé

It can’t go bankrupt that’s the thing bro

Even without ridiculously high yield, bankruptcy remote stable is good product.

Amount of US0 holders is increasing, USUALx being staked is at ATH almost at 40%

For example 30% apy daily compounding is equivalent to 26.25% apr. someone correct me if I’m wrong

I converted apr to apy

APR or APY?

Since there is no way to separate the rewards, how can a user verify via a merkle tree @Noé

Ouch, but yea will let team address

Yes

Yikes and you're getting paid in Usual right?

1657 instead of 2027

How much less? Like significant or slightly

I’m getting less than the stated APY

Why do you say that?

The APY figures for either the USD0++/USDO or USD0/USDC are incorrect @Noé

@Noé IS burning Usual is live now I cannot see it anywhere ? What is the solution to swap my USDO++ for USDO at 1:1 rate ?

@Noé What is the use of the PAR mechanism and BIG ? In the docs it's mentioned they're designed to make USD0++ trade at parity with USD0 (without guarantee) but seems like that's not the current intention of the usual team ?

So How can I confirm my Usual distribution is correct? @Noé

Best of luck to the devs, keep cooking

what do you think @andrewdubai @tuula

@andrewdubai

If they deposit, their asset when exiting is USD0++, so yes

where here ?

# 📣ㆍannouncements

Hahaha

Burn usual

How can I know from which product my rewards come from if I hold a few on the same wallet @Noé

Find a time machine, then swap

Btw @Noé can Ethena holders also use this vault to swap their sUSDe for USD0++?

What are the steps to swap USD0++ for USD0 at 1:1 rate ?

sUSDE earns 5x sats on Ethena

Will iUSD0++ also accumulate us Sats sir?

Yes, should be sir

I got hit with an infinite mint glitch on Cashio from the Saber/Sunny farming days on Solana a few years ago. Cashio was backed by USDT/USDC LP positions so super safe, but a bug allowed attacker to mint infinite CASH and drained all USDC/USDT. Hacker bought ETH and bridged to Ethereum. Was super bizarre robinhood type though and ended up refunding everyone under 100K and about 2/3 for everyone else except for the largest whales. Wild times.

Are the apy figures shown on the UI correct now? @Noé

to Reedem usd0++ you need 1. use the price floor and thus pay 13% Cost : 130 USD 2.use the burning mechanism, pay 162 Usual Cost : 162 Usual the option 2 will be cheaper if Usual is less than (130/162) 0.8 USD The newly introduced burn mechanism creates a dynamic equilibrium for USUAL tokens by establishing an effective price floor of $0.80

Just read the blog about the new Ethena vault. So deposit USD0++ -> receive USD0 -> swap for sUSDe. But withdraw, swap sUSDe -> for USD0 -> again stake with USD0++.

This is correct. If either one goes to 0, you will own a relatively infinite amount of the $0 token and basically none of the other one.

Thx

Ehh, wouldnt say you spread your risk. Like if you hold sUSDE and USD0++ separately yes you are spreading your risk. The vault will compound the risk of both.

Actually I'm here for APY farming but not sure too, if I need that money one day, I've to withdraw

calculate the % off principal

good if you decide long term 1-2 years not like long term but 2 weeks want to exit

It wants me to burn 1800 Usual for 1:1 redemption 😭

it's only for you to claim your underlying still susde

What do you think about holding USD0++?

How does it diverse the risk if we can swap back only to Usd0++?

Oh, understood rn. Thank you guys

is unstaking fee high because lots of withdrawals today?

if you hold single stablecoin. depeg go to zero you will lose all. if you held usd0++ and susde you basically spread your risk.

Staked Ethen’s USD. Look it up

treasury is minting

Study Ethena

What risk?

diverse your risk

I bought some USD0++ today. Other people too.

What is sUSDe for? I didn't understand.

I'm surprises why the TVL didn't reduce today? Since more than 0.3% TVL got redeemed today, the TVL should be lesser by 5M atleast. Still shows same as yday on website

if Warren Buffet was a crypto investor he would buy this https://dune.com/usual_team/usual

1.3B$ at 1.5$ price. Now 1.53B$ at 0.55$ price

Bro that’s insane lol I didn’t know that

Think through how this works. USD0++ is unlocked for USD0 at 1:1. Well why would the DAO be willing to do this? Because it is still getting its 4ish% but now coming from sUSDE. But you can't just trade this sUSDE, it is locked in the vault. To get it out, sUSDE gets swapped for USD0 and then USD0++. More USD0++ comes out than went in because sUSDE yield was being earned during the holding period.

🔥

3

0xemir_

laroiche_

Noé

0xnoe

famousfxck

famousfxck

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What is the sUSDe

1:1

so I tried to see how much % i need to give in usual to unstake my position in usd0++ and it's 8.6% of total ? lol insane

Yes

USD0++ is unlocked for USD0 and swapped for sUSDe,In the process of converting usd0++ to usd0, is it 0.87:1 or 1:1?

When you withdraw you’re repaid in usd0++?

How to stake Bera Vault?

$1=$1 in defi world

Yeah for sure

future of finance

That’s why it’s a good thing for market price

Interesting

Basically yes, while you’re in the vault

… so we can buy usd0++ at 0.91 and buy $1 worth of sUSDe ??

Also, a bit of feedback if the team is ready to listen. 0.3% weekly limit is way way too low. Should be atleast 2-3% of Tvl

USD0-- is the Future of France! It gonna fill the debt hole!

Further details to be announced for the sUSDe vault

Staking rewards that is

That's some sigh of relief for me :p

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Noé

0xnoe

matthias6763

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Are Usual rewards paid instantly or how does it work?

It actually incentivizes the secondary to be higher (personal opinion)

1:1

Does that happen at 1:1 rate or 0.87 ?

https://discord.com/channels/1106588534871179280/1107144153076347022/1328815739968422009 see this

Would've worked well if the swap rate was fixed. But the current mechanism temporarily crashes the Usd0++ price even further since people will be selling Usd0++ for sUSDE at market rate

USD0++ is unlocked for USD0 and swapped for sUSDe

They swap for usde for a 1$ or 87 cents @Noé

i dont need pray bro i can long from usd0 airdrop lmao

My understand that it is even worse, since they say primary market in the doc. In such case they swap at 0.87 rate ...

number still same it count 1 point per $1 lol i intend lock my profit from trade in may for next cycle 2028

Sir, it doesn’t matter, you exit in USD0++ also

But both happens at market rate swaps, which could result in lesser Usd0++ when I swap back

the DAO collects a fee and you exit in USD0++

91k you mean haha

Nice, praying for those bags then

I read the article and iUSD0++ sounds even worse for Usd0++ holders since it swaps Usd0++ to sUSDE at market rate, creating even more sell pressure. Am I understanding this correct? @Noé

😉

Yeah idk what’s he’s thinking

here

Long 5x from what price? Been down only lol

yes i still have 100k in usd0++ bera vault.

So only 120k or so. Interesting

Yeah, this chart tells it all, tells you why usual is such a great value ATM

yess is this funding rate keep negative i might swap my usd0 for usdc to long usualx lol

oh, i forgot, leverage!!

also i long 5x in hyperliquid

How much Usual you holding?

Wait bro we had only 1.3B$ TBL at 1.50$?????? wtf

is it the same guy from X you think?

He just trolling bro. 10% is whaterver gain in crypto

inverse Cramer

Tbh at this point I think this dude wants us to panic sell lol, he’s probably too busy buying

if you can get past his annoying voice and finish the video you will see some good TA but this is for # 🧐ㆍspeculation not # 💬ㆍgeneral https://x.com/CryptoAaravX/status/1870020306703941768

MAARAV (@CryptoAaravX) on X

$USUAL Coin Price Prediction 2025: Shocking Results\!

Twitter • 12/20/2024 03:15:59 EST

Yassss

Lmao this dude @CBB0FE blocked me. Bro I don’t understand how his brain works. -> comes in here with statements -> mods clarify statements are incorrect -> goes to X to repeat the wrong statements again

Usual

lol, almost as good as staking

what are you talking about USD0 or $Usual?

feel free to liq me i need more funding rate

I did not understand if its price could reach 1.5usdt

long side free money lul

Someone has bought ETH using Unlimit in Metamask?

Usual, sure but USD0++ shouldn't trade over $1

good can ape more lower and guarated $1

the new early unstaking fee is a joke. I have to pay more in usual than teh Floor price of 0.87? did you implement the math right? can you put in the webpage the params of the ealry unstaking formula?

How does iUSD0++ work sir? Like if I have 1000 Usd0++, will I get 1000 sUSDE or will it be swapped on market rate?

I want to ask about the price of the currency. Is it possible for it to reach $1.5?

@CBB0FE is your account named after the X account or do you own the X account?

I guess 'crater' is an overly strong word there, because the backstop value would be there; but it would definitely drop instantly to the backstop value (currently $0.87 IIRC)

if they change the time value to 360 days, market price of USD0++ would instantly crater -- so market selling wouldn't help

I have same issue. It’s been 11 days since I staked USD0++ in berachain vault, and still no where I can see what rewards I have accumulated. @Noé can you confirm that it is working or not?

The APY is paid in USUAL but can be whatever you want it to be. You could sell for more USD0++ which some would say you are buying at a discount. You stake it for USUALx which pays you the yield from underlying treasury yields which you can then use to buy more discounted USD0++ or USUALx etc.

just sell it in the market

I'm afraid of getting pwnd after buying USD0++ by that value getting changed to 360 days on me 😬

Can you expound on what circumstances might cause that value to go higher than 180 days ?

@Noé is there a Dune chart showing the USD0 return on staked usual?

I hope that we will be at alt-season in 6 months, so it is a good option for me

Is Usual x Berachain Vault working? Or i should withdraw

Yes, right

If I buy USD0++ on Curve for $0.91 and deposit it into the iUSD0++ vault, does that mean I will be farming $1 worth of sUSDe? Also, is the DAO cost 4% of the interest earned from sUSDe or 4% of the total amount?

usual will grow over time because it make sense but its complicated to understand so it will take time for the market to get it

any sc for this?

Everytime i visit the site, Is slow. But only that page

nope

I think you are thinking about this wrong but if you want to get out with minimal damage I would let the sUSDE vault run for a bit. You don't need to bet on USD0 growing or believe in the project. Just believe that degen money will flow to the best risk adjusted reward on the market. This is what the sUSDE vault will be.

Is USUAL PAGE/app always slow?

finally, someone who gets it

Yup

staking usual will pay you 2 to 4 x what an investment property will and probably a much higher return on principal over years

The APY is paid in Usual?

It's the USD0++ contract directly

6-12 months for APY farming is good for me

Haha

Sorry, 9 today, was 7 yesterday. Goes up and down

How much? I love waterfront properties!

im sure Kansas has lakes and ponds

where i can go aout at 7%? I see 0,915 price

Bro read # 📣ㆍannouncements

9%

You can get out today with just 7% "damage", assuming you collected no rewards

I've got waterfront property in Kansas to sell you if you believe this

Is the 0.3% number an actual number or a speculation ?

dont find nothing interesting in the annoucement about that

dont find nothing interesting in the annoucement about that

@Noé @Cortina understands

USD0++ will soon be 2$. Believe in sthg!

@Noé could you clarify this point?

I have a question re Usual x Berachain Vault. Can anyone see how much reward they have accumulated since staking? It has been 11 days for me but I cannot see.

agree with you. Just need to find a way to get out at minimal dmnage

The team has long term locked USUAL tokens as their economic incentive. USUAL tokens won't be worth much unless TVL grows. TVL can't grow unless USD0++ goes 1:1. Their incentives are to do everything they can to grow TVL.

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0xnoe

matthias6763

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If fed rates go up, floor goes down, yikes

all they are saying is USD0++ cannot be burned/redemed but it could trade at 1 USD0 before maturity and it provides juicy yield

bad team,byebye

yes

Where I can check supply burn? I didn’t see it on dune ?

0.9176

they are literally doing that now with the increased incentives on the USD0++/USD0 pool and with the iUSD++ pool

no they don't, they don't need it, they need liquidity to be trapped for a few years for them to earn revenue once they are unlocked

Can you share the redemption contract @Noé

Please refer to our previous announcements

Does the team intend to undertake any initiatives to push the peg towards one, or is this something they are not concerned about and therefore will not address?

ok that sgood

adli and binance 😆

they need usd0++ to get into the pool so usd0++ will not be sold, it will likely be bought

correct

Yes

So inside the 0.3% it goes from zero to 6 months. After it 6 months? @Noé

is it foreseeable that people will sell USD0++ and ape into iUSD0++ and so the USD0++ price dumps even more?

From zero redeems to the 0.3%, it's from zero fee to up to 6 months of rewards. After that, it's 6 months of rewards.

Who is the DAO?

So no early redemption for free @Noé

but you're not going to pay zero

Well yes, because you redeem 1/4 of that "max"

If you are the first to Early Redeem the first dollar, you basically pay no USUAL tokens. But if you're the first to Early Redeem, and you redeem let's say 15M, while the maximum outflow the DAO set is 15M, you'll pay the max fee.

If there 0.3% to redeem each week which rougly 4 million dollars And I’m the first to redeem a million I still need to pay? @Noé

maybe somebody can just make a simple example on rewards of last week

i read it but its not straightforward to understand

You can simulate it on the dApp, there's also the docs here: https://docs.usual.money/usual-products/usd0-liquid-staking-token/usd0++-early-redemption-mechanism

Don’t understand.

Yes because you have a slippage on the amount, like, the first 1$/max amount is basically free, but if you redeem the full target maximum outflow amount, even if you're the first, you're going to pay the max

and how is this actually working. is there a portal to do that or how will this work in practice (also for pendle PT holders)

can you make a simple practical example pls because the whole mechanism is not simple to understand. So if somebody has 10000 in USD0++ and wants to redeem it at 1to1 USD0 - how much USUAL does he need to invest just based on last week epoch as example?

It doesn’t how it depends in the docs. For example: If a user redeems 500,000 USD0++, at a minimum, he will need to return 9,000 USUAL (11% of the max cost of 81,000) if the net weekly redemption for USD0++ are 0 or less. Does this mean that even at zero or less you still pay to redeem 1:1? @Noé

very accurate explanation

and we all crying for nothing

As per the docs I've sent you, it depends on the weekly outflows, current rate etc.

inb4 in 2 months fees drops to 2 months

whic was the starting one? Does anyone redeem 1:1 at almost 0 cost?

So I can get less? What does it depend on? @Noé

So Sir @Noé, how to difine the overflow? It's overflow during a week?

Very bullish on Usual

should reduce by5-6 weeks with usualx apy

Does that mean if the daily rewards rate is suddenly cut in half, then the amount of USUAL needed to burn also gets cut in half?

Is it possible to know how many millions of USD0+ have been redeemed with 'Early unstaking on the primary market' so far?

I don’t understand, is it a fixed number or it’s dynamic ? @Noé

can somebody tell me what the impact of the new iUSD0++ on pendle PT usd0++ is? Is it foreseeable that people will sell USD0++ and ape into iUSD0++ and so the USD0++ price dumps even more?

The max days chargeable based on the current daily rewards rate is set by the DAO

Is set by you or dynamic? @Noé

It means that the max days chargeable based on the current daily rewards rate is currently set at 180 days

Max Duration Cost: The max days chargeable based on the current daily rewards rate (set to 180 days). It means it’s fixed to 180 days? @Noé

Here you go sir: https://docs.usual.money/usual-products/usd0-liquid-staking-token/usd0++-early-redemption-mechanism

have a good night

I don’t understand can you share docs or explain?

correct

If outflows are high

that's it right?

seriously talking tho, in what scenario can the amount of usual increase? if the tvl decreases by early redeems?

not sure if you are right

No, it's the last 7 days, there's no "reset" per week

So does that amount start with 0 every week? @Noé I

I know this seems unfair but I'll try to explain why it isn't. You can take it or leave it. It sounds like you didn't understand what you were buying when you bought USD0++ and I'm sorry about that and recommend you read docs before you buy anything in the future. This industry is full of people who jump before they look and you can do quite well if you take the time to study a system to figure out what risks you are taking and what rewards are available. It is important to realize that there are people risking capital to buy USUAL and stake it as USUALx. These people are buying USUALx because they know there are cash flows coming from the TVL. If the protocol accomodated your mistake by letting you give up your rewards to redeem, it would be breaking its promise to people who read the docs and purchased USUALx.

It's always 1:1 for the Early Redemption, what changes is the amount of $USUAL to sacrifice

It just goes to the Treasury. Then it could be redistributed, used for buyback etc. Further details to be announced.

My question is does it start as 1:1 and gets worse with people redemption or how does it work?

arb bots are the culprit of defi renaissance

So arb bots get 1:1?

no one can be faster than arb. bots

susde's reward is not susde but usual?

hi noe,will 4% cost of dao goes to usualx and usual *?

In each redemption cycle if someone is fastest to act can they redeem for 1:1?

if apy increases you are stuck for longer

So if I buy USD0++ on Curve for $0.91 and deposit it into the iUSD0++ vault, does that mean I will be farming $1 worth of sUSDe? Also, is the DAO cost 4% of the interest earned from sUSDe or 4% of the total amount?

not if apy increases

yes

Early USD0++ Redemption is Capped at 6 months of USUAL rewards. so 180 days is enough.

thank uu

yes

What does the DAO do with the 4%? @Noé

hard reality and we deserve eating poop

bro think this is bank 😂

the redemption might be more or less than the market depending on where the market is

trapped with us bro

DAO takes 4% ? @Noé Apr or apy? Do we also get Ethena sats?

In my case staked only staked usd0++ last week. Happy yo return any rewards i have collected. But am i still required to pay 6 months of usual rewards?

If i stake usualx now, will i get ‘week19-25’ rewards?

You will be able to convert USD0++ at 1USD value into sUSDe vault, during that time you will cumulate your USUAL reward (like in USD0++) and a part of sUSDe yield (4% opportunity cost of the DAO + small fees for the service and to increase value of USUAL). The rewards should be claimable during the time you’re in the vault. When you withdraw the inverse path will be done, the sUSDe with the accrued ethena yield will be converted to USD0 and then USD0++ at 1. And the user is back with a USD0++.

@Noé Can you confirm or deny if Usual is going to bribe Usdo++ pools on equilibria this week?

Where can we see the floor redemptions @Noé

so as i said if i deposit usd0++ into iusd0++. and i quit after 180 days, i will have 180 days usd0++ rewards (which is 6 months of USUAL rewards) and 180 days susde rewards. this means i will not lose any principal and i also can have susde rewards after 180 days.

Maybe, we will see 🤘🏻

Some knows if it is better to buy ETH in Metamask or to send it from Binance?

someone knows ?

Hello sir. If I deposit 1 million USD0++ into iUSD0++, I will receive sUSDe worth 1 million USD (assuming 1 million USD0 = 1 million USD). Then, I can earn profits from sUSDe and receive USUAL rewards as if I were holding USD0++ And when I withdraw USD0++ from the vault, the USUAL rewards and the profits earned from sUSDe are converted into USD0++ (excluding DAO fees) and deposited to me. Is that correct?

cheap bro, nice fee

Big brain, daddy move

Steep

If you cant answer substantively just exercise quiet

baguette army.

🥖 🥖 🥖 BRRRRRR🥖 🥖 🥖

TL;DR yes

1600

direct APY on your principal, reflected on the USD0++ amount you'll receive when withdrawing. is this susde rewards?

How many usual required to unstake 10000 usd0++?

where we are heading, we are gonna go back to bartending

usd0-- worth $0 bro

contact him and tell him i wanna sell usd0-- for 0.99

he just trolling at this point

I already replied to this gentlemen about 40 times in the last three days on the same question, I think he doesn't need the answer sir

Someone added 1M$ in the Curve pool, bullish

🇬 🇴 🇦 🇹

"IF" you think/feel many people does lol read blud

u're trapped with the exit fee

What do you mean

Did I say scam or ponzi ?

😂 everyone is so funny in this channel

@Noé can u please address this concern? Thx.

This is for USUALx

airdrop exit fee

How is the USD0 yield calculated? It shows a monthly and yearly yield. Do we only get the monthly yield or do we get both if we hold for the epoch? Why do the two number not add to the APY listed?

do not blame mouse sir

i mean if you think this is "scam/ponzi" why you wanna stick around ? you can take a loss and move on. some people do. free market

https://tenor.com/view/why-michael-scott-the-office-why-are-the-way-that-you-are-gif-5593972

just pray that the exit fee lowers to 3 months boys

Is there an available airdrop for this project?

I assume it is just like any bond. If rates go up pice goes down.

xd

I know , so this early exit make no sense

Yes, I got just 2 weeks reward but still I have to pay 6 months worth of rewards. We are mouses in the trap.

On the USD0++ x sUSDe vault you'll get: claimable USUAL rewards, direct APY on your principal, reflected on the USD0++ amount you'll receive when withdrawing

I think DAO takes a cut of vault yield and buys USUAL to distribute to USUALx but this is a guess

it was 0.94 2 days ago. cheaper you exit 2nd market

any chance the fee may reduce to 2 months in 2 months?

what do you mean?

Isn't the floor fixed product?

go to usualx ? big if true if we get susde

If fed rates go up floor will go down.

@Noé Can you tell me the approximate amount for incentive in Curve Pool?

so where is susde rewards?

No, only in USUAL sir

What about users who converted to usd0++ just last week? They still have to pay the 6 month worth of usual rewards? @Noé

At least*

atleast i can do math 😉

so there's a way to not get obliterated by aping iusd0++?

yes i deposit usd0++ into iusd0++. if i quit after 180 days, i will have 180 days usd0++ apy (which is 6 months of USUAL rewards.) and 180 days susde apy? is this correct?

Clearly English not one of them

i can speak 3 language i dont care

Ok thanks bud. Your English is garbage btw

lol you just have a lot of estrogen. remove soy from your diet and ignore twitter fud lol. omegalul

the market is not static

That's fine, I'm sacrificing safety for yield. It's what hurt me in the first place

oh

we talk PT pendle blud

The susde yield is in $$$ and the usd0++ is in gov tokens whose price is uncertain

I will swap you .88 for all the USD0++ you want to sell

what so you tell me you can do simple math ? u farm 100k susde fix yield 21% u farm 100k usd0++ fix yield 31%-7%=24%

just to be sure about the revenue switch on Usualx ,the first rewards in USD0 will be distributed january 20 right (13+7) ?

ofc, but we also want to pump the price of USUAL, so wouldn't it make sense to make the early exit cost just a tiny bit less in USUAL tokens than via curve pool

It's 1:1

that's the benefit of secondary market. and u have choices

No, you need USD0++ to deposit in that vault sir

Deposit USD0++ into iUSD0++ vault, you will get both USD0++ and sUSDe. Does this mean that even if you quit USD0++ at a 1:1 ratio in the next 180 days, you can still get extra apy income from sUSDe? Is this understanding correct?

What? I'm banking my 30k back in 6 weeks. I'll take it

early unstaking more expensive than swaping on market 🤡

is this correct?

keep TVL I guess