- #1574
Lybra LBR
LBR Price
Market Cap
$4.35 MRank #1574FDV
$5.50 MRank #1734Investors
Twitter Followers
Twitter Performance
17PoorRank by Twitter #20081- 0
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Detailed Performance
LBR shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
LBR to USD Converter
Price History
- All-Time High
- $4.5856.47x to ATH
- All-Time Low
- $0.072451.12x to ATL
- Trade Launch Date
- 25 Apr, 2023
458 days ago
Exchanges
Exchanges type
About LBR
Lybra Finance is a stablecoin protocol that allows users to leverage their ETH holdings and mint eUSD stablecoins without incurring any additional costs. It is different from other protocols as it offers a 0 minting fee and 0 loan interest for users. The platform is decentralized and stable, accepting only ETH and stETH as collateral. The Lybra DAO serves as the backbone of the project's decision-making process, allowing LBR token holders to influence the direction of the project and collectively manage the protocol. Users can also earn yield by holding eUSD, minting eUSD and earning LBR tokens, and staking LBR to share in the protocol's revenue.
What makes Lybra Finance unique?
Lybra Finance has several unique features that set it apart from other cryptocurrencies. Firstly, it is more decentralized and stable compared to other stablecoin platforms because it only accepts ETH and stETH as collateral. This focus on a single type of collateral enhances decentralization and long-term stability.
Secondly, Lybra Finance offers additional incentives in the form of LBR tokens. Users who deposit ETH and mint eUSD can earn LBR tokens as rewards. These tokens not only provide an extra layer of income generation but also grant holders governance rights within the Lybra DAO. This allows users to actively participate in the decision-making process of the platform.
Furthermore, Lybra Finance distinguishes itself by offering 0 minting fees and 0 loan interest for users. This feature allows users to leverage their ETH holdings and mint eUSD stablecoins without incurring any additional costs.
Overall, Lybra Finance's focus on decentralization, token incentives, and zero-cost minting and loans make it unique compared to other cryptocurrencies and stablecoin platforms.
Live Lybra Price Data
The current price of Lybra (LBR) is approximately $0.0811, reflecting a increase of 5.65% in the last 24 hours. The LBR trading volume in the last 24 hours stands at $192,220.56. Lybra's market cap is currently $4.35 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of LBR is 53.83 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Lybra's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on LBR, check out our crypto insights page.
Official Links
LBR to USD Converter
Price History
- All-Time High
- $4.5856.47x to ATH
- All-Time Low
- $0.072451.12x to ATL
- Trade Launch Date
- 25 Apr, 2023
458 days ago