Libre (LIBRE)

Libre (LIBRE) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.000130

Market Cap

$475.98K

24h High

$0.000130

24h Low

$0.000130

24h Turnover

$13.44K

Total Supply

3.56B

Market Sentiment

Neutral

About Libre (LIBRE)

Libre is a new blockchain for making Bitcoin and Tether faster, cheaper, and easier to use. There is no worldwide solution for fast Bitcoin and Tether with the ability to swap between the two efficiently. Lightning is a solution for small Bitcoin transactions, but the TARO implementation of stablecoin is years out and likely to be highly centralized / gated. Chains such as THOR offer native swaps, but costs are high and transactions are extremely slow. Centralized exchanges and services such as Changelly, Strike, and others have usability drawbacks, custodian single point of failure, and geographical restrictions. Libre has a permissionless, open-source SWAP (AMM) for trading BTC / USDT for low fees and ultrafast transactions. Libre allows users to onboard with Bitcoin or Lightning Network quickly and with minimal amounts. The Bitcoin and USDT peg-in/out is handled by the PNetwork of MPC nodes. Lightning Node Providers can connect to Libre and earn fees. The AMM is incentivized directly from the chain with farming rewards. There is no frontend dependency or dependency on a centralized team. LIBRE must be "staked" to engage in governance - voting for validators and DAO proposals. In exchange for securing the network, LIBRE holders receive staking rewards in LIBRE. These staking rewards begin high and decrease over time. You choose the amount of LIBRE to stake and the number of days your LIBRE will be staked. The earlier you stake and the longer you stake, the higher your yield.

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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