Lybra LBR Live Price Today

The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future. The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH. eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence. A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the 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 converted to eUSD through the protocol and distributed to them. eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.

Lybra is ranked #1442 by market capitalization. Currently the LBR market cap exceeds 887.11M+ Russian ruble. By market capitalization it is ranked #1442. Daily trade volume is 65,991,551 RUB.

The Lybra price today in RUB is 19.93. Through the Lybra price history, the price ranges from 358.45 RUB (all time high) to 9.59 RUB (all time low). Lybra price last 24 hours fluctuated from 20.36 RUB (24h high) to 19.88 RUB (24h low).

Check the Lybra value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB

Homepage: https://lybra.finance

Block explorers: https://etherscan.io/token/0xed1167b6Dc64E8a366DB86F2E952A482D0981ebd https://ethplorer.io/address/0xed1167b6dc64e8a366db86f2e952a482d0981ebd https://ethereum.dex.guru/token/0xed1167b6dc64e8a366db86f2e952a482d0981ebd https://arbiscan.io/token/0xA23e44aEa714fbBc08ef28340D78067B9A8Cad73

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