Lybra Finance
LBR
Interest-bearing stablecoin backed by LSD
$
0.439919
-8.87%- Trading Volume(24h) 7.35% $ 2,936,544.977
- Circulating Market Cap $ 16,320,656.233 #873
- Fully Diluted Valuation $ 25,911,567
- Circulating Supply 36,269,761 LBR
- Total Supply 56,579,654.687 LBR
- Total Raised $1.5 M
- Contract Address
- Supported Exchanges +8
- Launched Apr, 2023
Details
Lybra Protocol is a decentralized protocol designed to bring stability to the volatile world of cryptocurrency. A distinctive feature of the Protocol is that users can earn a regular, stable income by holding minted eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint eUSD against them, they receive a stable income in stETH of approximately 5%, which is then converted to eUSD through the Protocol and distributed to them.
Fundraising
$
0.439919
-8.87%- Trading Volume(24h) 7.35% $ 2,936,544.977
- Circulating Market Cap $ 16,320,656.233 #873
- Fully Diluted Valuation $ 25,911,567
- Circulating Supply 36,269,761 LBR
- Total Supply 56,579,654.687 LBR
- Total Raised $1.5 M
- Contract Address
- Supported Exchanges +8
- Launched Apr, 2023
Significant Events
2023-04-24
2023-04-22
Lybra Finance raised $ 1.5 M through IDO
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