Lybra Finance has migrated to a new contract. For more information, please read the post - https://twitter.com/LybraFinance...
ATH Market Cap
24h Trade Volume
Vol (24h) / MCap
All Time High
29 May 2023
20 Apr — 22 Apr 2023
Tokens For Sale
|24H||$ 0.0573||+6.1%||$ 0.992||$ 0.936|
|7D||$ 0.115||+13%||$ 0.992||$ 0.787|
|14D||-$ 0.166||-14.3%||$ 1.20||$ 0.787|
|30D||-$ 0.556||-35.8%||$ 1.71||$ 0.787|
|3M||-$ 0.657||-39.7%||$ 2.61||$ 0.787|
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.
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.
Lybra is an open-source DAO (Decentralized Autonomous Organization) project. Lybra is managed by people around the world who hold its governance token, LBR. Through a governance system involving Executive Voting and Governance Polling, LBR holders can influence the direction of the protocol. The Lybra (LBR) Token is the native token powering the Lybra Protocol. Its utility comprises all core network functionalities, such as staking, governance, mint, and liquidators rewards.
Lybra's current price is $ 0.996, it has increased +6.1% over the past 24 hours.
Lybra's All Time High (ATH) of $ 4.59 was reached on 29 May 2023, and is currently -78.3% down.
The current circulating supply of Lybra is 40.91 Million tokens, and the maximum supply of Lybra is 100.00 Million.
Lybra’s 24 hour trading volume is $ 815.69 Thousands.
Lybra's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 40.76 Million.