All official news and updates about Fira — fixed-rate lending, UZR market, and Usual Credit.
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Post #8
133
Fixed-rate maturity tomorrow — borrowers, repay before end of May 7
Dear Fira users,
PT-USDe and PT-sUSDe markets settle on May 7, 2026.
If you hold an open borrow position, you must repay before maturity:
1. Open App
2. Connect your wallet
3. Repay your BT debt — 1 USDC per BT, the cost locked at origination
4. Position closes at the rate you set
After maturity: 24-hour grace period.
This is operational margin, not an extension of the rate guarantee. Positions still open after the grace period are force-liquidated automatically. Penalty: 3.1%.
Treat May 7 as the deadline.
Lenders: BTs become redeemable 1:1 against USDC post-maturity. No urgent action.
Next maturity: PT-USDG, May 28.
Enable Telegram notifications on the dAPP be reminded before the next event.
Dear Fira users,
PT-USDe and PT-sUSDe markets settle on May 7, 2026.
If you hold an open borrow position, you must repay before maturity:
1. Open App
2. Connect your wallet
3. Repay your BT debt — 1 USDC per BT, the cost locked at origination
4. Position closes at the rate you set
After maturity: 24-hour grace period.
This is operational margin, not an extension of the rate guarantee. Positions still open after the grace period are force-liquidated automatically. Penalty: 3.1%.
Treat May 7 as the deadline.
Lenders: BTs become redeemable 1:1 against USDC post-maturity. No urgent action.
Next maturity: PT-USDG, May 28.
Enable Telegram notifications on the dAPP be reminded before the next event.
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