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 #1520 by market capitalization. Currently the LBR market cap exceeds 277.21M+ Turkish lira. By market capitalization it is ranked #1520. Daily trade volume is 27,711,380 TRY.
The Lybra price today in TRY is 6.48. Through the Lybra price history, the price ranges from 89.92 TRY (all time high) to 2.42 TRY (all time low). Lybra price last 24 hours fluctuated from 6.73 TRY (24h high) to 6.41 TRY (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
Forums:
Reddit: https://www.reddit.com
Twitter: https://twitter.com/LybraFinance/
Lybra live price may differ in various exchanges. Check LBR real-time data to make informed decisions.
You can buy Lybra on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell LBR at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Lybra trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Lybra and trade with REVENUEBOT in less than a second.
In short, only if the current value of Lybra will be less than the value of Lybra at the moment of selling in the future. The Lybra chart can only assist the Lybra value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Lybra value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the LBR supply. Check the Lybra live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of Lybra is 61054622.66 LBR, while LBR circulation supply now is 42902592 LBR.
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