Lybra Finance

Lybra FinanceLBR

Interest-bearing stablecoin backed by LSD

$0.004074

-8.61%
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Followers--
Following--
Influence Index--

Details

24h High$0.004538
24h Turnover$10.44K
All-Time High(ATH)$3.83
All-Time Low (ATL)$0.003477
Market Cap / Fully Diluted Valuation
+42.36%
Fully Diluted Valuation (FDV)
$172.61K
24h Low$0.003661
Market Cap
$397.52K
Circulating Supply
42.36M LBR
Total Supply
97.57M LBR
Max Supply
100.00M LBR
Market SentimentPositive
Supported Exchanges
gate+10

About Lybra Finance

Founded

2022

Community

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.

Fundrasing details

Funding RoundAmountValuation
Date
Investors
IDO
$1.50M
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2023-04-21
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