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Users are confused about how to unwind their squeeth position after they close LP positions

Open alexisgauba opened this issue 3 years ago • 0 comments

  • It's currently not intuitive for users to close out their squeeth position after LP positions
  • If a user bought squeeth and then LPed, they may end with just ETH in which case they don't need to do anything, or they may end with oSQTH which they then need to sell to fully close
  • If a user minted oSQTH, they end with squeeth debt and more oSQTH than debt, in which case they need to burn as much oSQTH as they have debt to redeem their collateral and then sell the remaining, or they end with less oSQTH than they have debt in which case they need to buy more oSQTH and then close out their short
  • It's unclear to a user what exact actions of the above they need to take and where to take them from

alexisgauba avatar Jan 16 '22 03:01 alexisgauba