Category: Usdl, Stablecoins, and Redemptions

NOTE: When you redeem USDL for PLS, your USDL pays off an equivalent amount of debt to the lowest collateralized vault. For that service, you receive an equivalent amount of PLS. NOTE: The minimum amount you must redeem is 1800 USDL.

The largest Liquidity Pools for USDL exist on PulseX v2 and Phux.io. This guide will use PulseX v2 since liquidity-bonding USDL to PLS is the healthiest for the Liquid Loans protocol. Before starting, familiarize yourself with the risk of Impermanent Loss which is inherent to liquidity providing.