LIBRAPROTOCOL will join a small number of other digital currency projects that have a token burning program in place. This means that periodically, the team at LIBRAPROTOCOL will remove a pre-defined number of tokens from the total supply.
This follows a somewhat similar principle to a conventional stock buy-back program, insofar that the respective company will purchase its own shares to reduce the overall circulating supply. This typically has the desired effect of increasing the value of the stocks in question – as there is a lower supply of shares in the open marketplace.
In the case of LIBRAPROTOCOL, the team behind the project will execute a manual token burning policy that is democratic. That is to say, the LIBRAPROTOCOL community will have a direct say in when tokens should be burnt. This decision- making process will be achieved in a fair and transparent way – not least because the proposal will be voted on by token holders.
We understand that liquidity is crucial in any trading environment. By definition, decentralized liquidity is simply the accessibility of tokens operated and controlled by a smart contract--hosted by a decentralized exchange.
Historically, market makers have been used to provide a service for buyers and sellers on traditional order book exchanges for a better user experience.
The main function of these market maker services was to fill buy and sell orders promptly and reduce overall market volatility caused by large orders.
However, traditional order books have long been outdated by newer technology, and have been replaced by liquidity pools in a decentralized venue.
Just as market makers are compensated for providing a service in the order book environment, proper incentives for adding liquidity are a key factor in any decentralized environment.
Problems arise when the liquidity pool provider loses the incentive to add tokens into the pool, which occurs after the token pair is subjected to impermanent loss resulting from arbitrage.
2021 : APRIL & DECEMBER
2022 : JANUARY & FEBRUARY
2022 : MARCH & APRIL
2022 : APRIL & MAY
2022 : JUNE & JULY
2022 : AUGUST & SEPTEMBER
2022 : OCTOBER & NOVEMBER
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.