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Migrate your Position

This page explains how to migrate positions that use USDC.e or any V1 market on Vesu.

Summary

  • USDC.e (legacy USDC) is replaced by native USDC
  • V1 markets are deprecated
    • No new deposits & borrowing
    • You can still repay, withdraw, and close positions

Migrate to V2

You will see a Migrate button if your position is in a V1 pool (e.g. Genesis, Braavos Vault)

Migrate Button

The migration tool makes the process simple:

  1. Click the position in the sidebar to open its market page.
  2. Click Migrate to open the migration dialog.
    Migration Dialog The dialog shows your current and new position side-by-side. Review the values and confirm the migration.
  3. Approve the transaction in your wallet.

Your position is recreated in the new V2 market.

Migrate to native USDC

Affected positions show a Withdraw button. Withdraw button

  1. Withdraw your USDC.e
  2. Swap USDC.e to USDC on Ekubo or Avnu when liquidity is available. Otherwise, bridge USDC.e via the official Starkgate bridge and convert it on another chain.
  3. Deposit the native USDC to continue earning yield.

Need help?

If you have questions or encounter any issues, please open a ticket in Discord.