Deus have released their scDAI and scUSDC to bDEI migrator on the link below.
04 Nov 2022, 17:36
Deus have released their scDAI and scUSDC to bDEI migrator on the link below. This is an option for users to trade their scDAI and scUSDC in for bDEI should they wish to exit their position early before liquidity is returned to these assets on the Scream V1 platform. Please consult the Deus Discord for further information on what this process entails and for all further details. Thanks guys! ❤️ This is the message from the Deus Discord:
Migrator for:
scDAI > bDEI
scUSDC > bDEI
avaialble here:
are officially ready, you can now convert Scream native debt tokens to DEUS native debt tokens and earn APR on them via staking, while waiting until they are claimable for USDC.
bDEI is a liquid debt token, meaning you can swap it with other tokens at any time to the current market rate.
every bDEI will be eventually made claimable for 1 fully collaterlized DEI, as soon as enough backing is available
(there is no ETA for this)
read this announcement for more information about bDEI:
you can also swap them to vDEUS at a rate of 1:2 for every underlying DAI or USDC you will get 0,008 vDEUS.
vDEUS can be swapped to DEUS via the vDEUS swap UI located on that URL:
the migrator will only be opened for limit amounts and limit time, limits are objective to be increased based on market situations.
you can verify the contracts and amounts of the migrator via this address: