TGViewer
Fira Announcements 🔮 Fira Announcements 🔮 @fira_announcements · 37 subscribers
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.
  • 👍 4
More from @fira_announcements
  1. Apr 15, 2026PT-USDG is live on Fira. 94% LTV. Fixed rate. Predictable cost of capital. USDG goes from…
  2. Apr 7, 2026LPs are live Liquidity providers make fixed-rate credit possible onchain. Without LPs, the…
  3. Mar 25, 2026Fira is live. Fixed-rate lending and borrowing, deployed on Ethereum. Market-discovered ra…
  4. Mar 23, 2026Fira's documentation and whitepaper are live. How fixed-rate lending works onchain. Why ma…
  5. Mar 23, 2026Channel photo updated
  6. Mar 23, 2026Channel created
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →