The ethos of the LIBRE project is to create a "one-stop shop" for all things DeFi. We believe that DeFi is still a very untapped market with room to grow. The problem's that the industry face is that the barrier of entry for new users can often be overwhelming and cumbersome. Our goal is to create an environment where Crypto savvy veterans and new users can utilize all of the benefits that DeFi has to offer. LIBRE launched simultaneously on Binance Smart Chain, Polygon Network, and Avalanche with plans of more chains coming in the future. For a brief on the features in the ecosystem, please see below. For a more in-depth look, please click on the relevant tabs to the left.
Users can stake their Libre tokens through our platform as part of our Liquidity Mining incentive. Rewards will be paid out in Libre. Users may unstake at any time. When a user withdrawals their stake, they will incur a 2% withdrawal fee which is applied on their total rewards.
In keeping with our message and goal of simplifying the entry into DeFi, we have created a totally novel Single Asset, One-Click Yield Farming protocol. Users are able to deposit one asset into their desired farm, and the LIBRE protocol will do the rest.
All farms have a Performance fee of 2% of the total deposit amount.
As an Automated Market Maker (AMM), LibreSwap facilitates peerless token swaps via smart contracts rather than order books. This allows users to easily swap tokens without a buyer or seller on the other side of the transaction. Users can connect their wallet and trade LIBRE and other crypto assets directly from LibreSwap, providing liquidity and receiving a portion of transaction fees in return.
LibreSwap implements a similar transaction fee model to Uniswap and PancakeSwap. There is a 0.25% fee on all transactions, 0.2% of the fee is distributed to liquidity providers, 0.05% is distributed to the Libre Treasury wallet.
USDL, the Libre Stablecoin, is perhaps the most community-centric feature of the entire protocol, and directly benefits all LIBRE holders. USDL is farmed by staking LIBRE tokens. The amount of USDL that you accrue is based on the amount you stake.
USDL is and will always be backed by the value of the Libre treasury wallet. The amount of USDL that is minted will always be 1:1 value of the treasury wallet. The treasury is continuously supplied by fees generated from the Libre Ecosystem. If there is $2,000,000 in the treasury wallet, there can only be 2,000,000 USDL available.
Users will be able to mint LIBRE NFTs, as well as NFTs from various partners in order to earn boosts to their LP pairs. In addition, we will be partnering with various metaverse projects so our users can participate in NFT easter egg hunts which will Whitelist them to exclusive farms and staking pools.
Through a secure yet simple to use hosted service, LIBRE allows individuals and companies to issue their own “compliant” tokens and develop and deploy smart contracts. LIBRE will handle marketing and PR as well as exchange listings. Our Launchpad toolkit will provide projects with a full suite of benefits when launching their project.
Q4:2021
Q1:2022
Q2:2022
Q3:2022
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