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However, traditional order books have long been outdated by newer technology, and have been replaced by liquidity pools in a decentralized venue.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 solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.