Lybra (LBR) offers a decentralized stablecoin (eUSD) with stable interest, powered by ETH and stETH. More
| Fully Diluted Valuation | $1.02M |
|---|---|
| 24H Trading Volume | $21,683 |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 41.14M |
| Total Supply | 97.28M |
| Max Supply | 100.00M |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Anonymous |
| Website | lybra.finance Whitepaper |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Arbiscan 4 more |
| Contracts |
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1 more
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| Name | Pair | OG Score |
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Lybra Protocol: Bringing Stability to Cryptocurrency
Lybra Protocol is a groundbreaking decentralized platform dedicated to bringing stability to the often turbulent cryptocurrency landscape. Founded by an anonymous team, the protocol relies on LSD (Liquid Staking Derivatives) and initially focuses on assets like Lido Finance-issued ETH proof-of-stake and stETH, with future plans to expand its support to include more LSD assets.
A Secure, Decentralized Stablecoin: eUSD
The primary objective of Lybra Protocol is to offer the cryptocurrency industry a more secure and decentralized stablecoin known as eUSD, providing stable interest to its token holders. This stablecoin is backed by over-collateralized ETH-assets, ensuring users can engage in transactions with confidence.
Minting eUSD with Lybra Protocol
Functioning as a DeFi (Decentralized Finance) protocol, Lybra allows users to mint eUSD by borrowing against their deposited ETH and stETH. This process enables users to access stable income opportunities within the protocol.
Earn Stable Income with eUSD
A standout feature of the protocol is the opportunity for users to earn a stable income by holding minted eUSD. This income is powered by the LSD income generated from the deposited ETH and stETH, providing users with a reliable source of earnings.
Empowering Users in the DeFi Ecosystem
The Lybra Foundation and LybraDAO community strongly advocate for a decentralized stablecoin, believing it is essential for both enterprises and individuals to fully utilize the benefits of cryptocurrency. By offering an interest-bearing stablecoin backed by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with heightened security and confidence.
Lybra Protocol offers a decentralized stablecoin (eUSD) backed by ETH and stETH, providing stable interest and security.
The founders of Lybra Protocol are an anonymous team, emphasizing community-driven development.
You can buy Lybra (LBR) on Gate.io, Uniswap V2 (Ethereum) cryptocurrency exchanges.
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