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LayerBank (Manta)

LayerBank (Manta) LAB.m Price $ 0.548

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DeFi

LAB.m Price

0.548
2.28%
(-$ 0.0128)
Price Range
LowHigh
$ 0.547$ 0.563

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

LayerBank is the universal liquidity hub and on-chain money market for all EVM-compatible rollups and Layer 2s.

LayerBank (Manta) (LAB.m) Chart

LayerBank (Manta) price Index provides the latest LAB.m price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

LAB.m to USD Converter

LayerBank (Manta) (LAB.m)LAB.m

LAB.m Price Statistics

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Market Cap

N/A

Fully diluted value

FDV

$ 54.79M

24 Trade Vol.

$ 1.51K

Max Supply

LAB.m 100,000,000

Total Supply

LAB.m 100,000,000

Listing Date

24 Jan 2024

All Time High

$ 0.914

12 Mar 2024


All Time Low

$ 0.487

15 May 2024


From ATH

40.1%

From ATL

12.5%

What is LayerBank (Manta) (LAB.m)?

LayerBank is a non-custodial on-chain lending protocol, aspiring to be a liquidity hub encompassing all EVM-based Layer 2 networks. Our platform empowers users with complete control over their funds and provides attractive interest rates in a decentralized market, free from intermediaries. The adoption of the cutting-edge ve3,3 token economics model positions LayerBank for robust and long-lasting growth, creating new standards in the decentralized finance sector.

Key Features:

LayerBank's tokenomics, centered around the $LAB stake, offer multiple advantages to its users:

  1. Yield Boosting: Enhances users' APR in proportion to their $LAB token stake.

  2. Revenue Sharing: Distributes a portion of the platform's fees to users on a weekly basis, relative to their stake.

  3. Automatic $LAB Buyback and Burn Systems: When users claim their portion of platform fees, LayerBank automatically initiates the buyback of $LAB tokens. A significant portion of the protocol's revenue is allocated to burning $LAB tokens, reducing the token supply.

These features are fundamental to LayerBank's strategy for sustaining and fostering the long-term growth of the platform, delivering substantial benefits to its user base.

LayerBank (Manta) Price Today

LayerBank (Manta)'s current price is $ 0.548, it has dropped -2.28% over the past 24 hours.

LayerBank (Manta)'s All Time High (ATH) of $ 0.914 was reached on 12 Mar 2024, and is currently -40.1% down.

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