Lybra Finance raised $1 M in a IDO round on 2023-04-21.
LBR
LBR
9.14%
According to media reports, Lybra Finance raised $1 M in a IDO round on 2023-04-21.Following this round, Lybra Finance's total funding reached $1 M.
Lybra Protocol is a decentralized protocol designed to bring stability to the volatile world of cryptocurrency. A distinctive feature of the Protocol is that users can earn a regular, stable income by holding minted eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint eUSD against them, they receive a stable income in stETH of approximately 5%, which is then converted to eUSD through the Protocol and distributed to them.
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LBR Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| IDO | $1 M | -- | 2023-04-21 | -- |
Key Milestones
- 2023-04-24Lybra Finance was live on mainnet
- 2023-04-24$LBR was live for trading
- 2023-04-22Lybra Finance raised $ 1.5 M through IDO
24-Hour High
$0.02706
24-Hour Volume
$48.81K
All-Time High
$3.83
All-Time Low
$0.01237
Market Cap / FDV
37.48%
FDV
$2.60M
24-Hour Low
$0.02421
Market Cap
$2.46M
Circulating Supply
37.47M LBR
Total Supply
94.68M LBR
Max Supply
100.00M LBR
Market Sentiment
Positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.44% | 3.27% | 5.01% | 1.03% | 66.66% |
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