The Benefits of Using Non-Rebase LSTs as Collateral To Mint iUSD

One notable advantage of utilizing Non-Rebase LSTs as collateral to mint iUSD is that interest continues to accumulate even when iUSD is converted to piUSD. By converting their iUSD to piUSD at a 1:1 ratio, iUSD holders who used Non-Rebase LSTs as collateral can actively spend their holdings while still earning interest. This unique benefit ensures that interest continues to accrue and can be redeemed as soon as it is converted back to iUSD.