Fellow Coinstorers,
Coinstore will list LBR(Lybra Finance) and open LBR/USDT trading pair.
Details are as follows：
Total supply: 100,000,000
Total circulation supply: 6,969,897
Official Website: https://error.lybra.finance/
Whitepaper link: https://beta.lybra.finance/Lybra_Protocol.pdf
Block Explorer: https://etherscan.io/token/0xf1182229b71e79e504b1d2bf076c15a277311e05
Introduction:
The 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.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Coinstore will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Coinstore Team
13th July, 2023
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