Lybra Finance

LBR

Interest-bearing stablecoin backed by LSD

$

0.221609

-0.22%
  • Trading Volume(24h)
    1.49% $ 1,025,983.615
  • Circulating Market Cap
    $ 10,269,250.281 #957
  • Fully Diluted Valuation $ 13,600,243
  • Circulating Supply 45,466,664 LBR
  • Total Supply 62,789,654.007 LBR
  • Max Supply 100,000,000 LBR
  • Total Raised $1.5 M
  • Contract Address
  • Supported Exchanges
    OKXBitgetKuCoin
    +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

No Data
Round
Amount
Valuation
Date
Investors
IDO
$ 1.5 M
--
Apr 22, 2023
--
  • 1
Total 1 Page

Related News

$

0.221609

-0.22%
  • Trading Volume(24h)
    1.49% $ 1,025,983.615
  • Circulating Market Cap
    $ 10,269,250.281 #957
  • Fully Diluted Valuation $ 13,600,243
  • Circulating Supply 45,466,664 LBR
  • Total Supply 62,789,654.007 LBR
  • Max Supply 100,000,000 LBR
  • Total Raised $1.5 M
  • Contract Address
  • Supported Exchanges
    OKXBitgetKuCoin
    +8
  • Launched Apr, 2023
Followers 1.26 K
Following 1
Top Followers

Significant Events

2023-04-22

Lybra Finance raised $ 1.5 M through IDO