What is Libre?

Libre is a new blockchain focused on Bitcoin DeFi. Libre makes Bitcoin and Tether fast, programmable, and actually easy to use. Libre features simple usernames, simple user interfaces and simple inter-chain connectivity to make Bitcoin and Tether accessible to anyone, anywhere.

Libre is a delegated-proof-of-stake blockchain, with non-custodial pegging of assets provided by PNetwork, and simple on-and-off ramps to Bitcoin and Lightning Network. It's completely decentralized, with no central point of failure. Libre is the easiest blockchain to use and build on - accounts are free and you do not need to acquire tokens to use Libre. The speed, reliability, and cost of transactions is equal to the utility that people around the world have previously only been able to enjoy when using centralized applications - now Libre chain provides that level of functionality.

LIBRE is the native coin that enables the Libre Chain protocol rules. Network participants can stake LIBRE enact governance, receive them as mining rewards, and earn them for providing liquidity. Specifically, LIBRE serves three functions:

• ‍Governance - voting in Libre DAO to govern the AMM and chain protocol settings
• Validator Elections - each wallet can choose 1 validator, votes decay over time so as your staking period nears its end, your voting power will weaken
• Staking - staking LIBRE for governance pays a yield which is higher the earlier you stake and the longer you stake.