Lybra LBR
1. Summary
- Price
-
$0.06 -3.4%
- Market Cap
- $1.87M (#3029)
- Supply
- 73.45M / 79.31M
- Description
-
Overview
Overview
The Lybra Protocol is a decentralized platform utilizing Liquid Staking Derivatives (LSD) for maintaining a stablecoin called eUSD. It relies on Lido Finance-issued ETH and stETH, with plans to support additional LSD assets in the future. Users can borrow against deposited ETH and stETH to mint eUSD, providing a stable and secure asset for transactions.
Governance
The Lybra Protocol is managed by people worldwide who hold its native governance token, LBR. LBR holders participate in governance and voting while sharing the protocol's revenue. stLBR (staked) holders engage in governance and decision-making processes, distributing earnings among stakeholders.
Tokenomics
LBR is an ERC-20 governance token with a maximum supply of 100,000,000. Token allocation includes mining pools, ecosystem incentives, protocol treasury, team, IDO, advisors, LP reserve, and institutional reserves. V2 tokenomics introduce an Institutional Reserve, enhancing flexibility for future growth.
Utility
LBR tokens can be obtained through minting eUSD, participating in the IDO, or becoming an eUSD/ETH Liquidity Provider. The Lybra Protocol charges a service fee on circulating eUSD, and stETH income is distributed among eUSD holders. Real-yield service fees are allocated to the LBR Staking Pool, providing a stable income to staked LBR holders.
Interoperability
LBR is integrated with LayerZero, enabling secure and efficient interoperability across supported blockchains without liquidity restrictions.
| Price | |
| 52W High price | $1.42 |
| 52W High date | 12th Jan 2024 (1 year ago) |
| All Time High (ATH) Date | 29th May 2023 (2 years ago) |
| ATH Price | $4.48 |
| % From ATH | -98% |
| All Time Low (ATL) Date | 2nd Nov 2024 (6 months ago) |
| ATL Price | $0.04 |
| % From ATL | 114.37% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1.10M |
| Total Supply | 79.31M |
| Max Supply | 100.00M |
| Circulating Supply | 73.45M |
LBR
How does Lybra's (LBR) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-29.6%
LBR
-19.1%
Similar Market Cap
60 Day Return
92.2%
LBR
-8.3%
Similar Market Cap
1 Year Return
-93.0%
LBR
-85.5%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 32,080 |
-
docs.lybra.finance/lybra-finance-docs-v2/mechanisms/liquidation Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://lybra.finance |
|---|---|
| Explorer | https://etherscan.io/token/0xc98835e792553e505ae46... |
| @LybraFinanceLSD |
What is the correct contract address for Lybra?
| Ethereum | 0xed1167b6dc64e8a366db86f2e952a482d0981ebd |
|---|---|
| Arbitrum-one | 0xa23e44aea714fbbc08ef28340d78067b9a8cad73 |
Has Lybra been audited for security?
No security audits found for this project.
Are you the owner of Lybra? Edit it here
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