🌏Lybra Finance Ecosystem

What is Lybra Finance?

Lybra Protocol is a decentralized protocol dedicated to bringing stability to the cryptocurrency economy, allowing users to mint eUSD, an interest-bearing stablecoin using ETH and LSTs as collateral and peUSD, representing the underlying DeFi utility version of eUSD made available Omnichain.

What is eUSD?

eUSD is an interest-bearing stablecoin hard-pegged to the US dollar, using only ETH and LSTs as collateral with an excess collateral ratio of 150% to maintain safety and decentralization. eUSD generates stable interest powered by LSTs.

What is peUSD?

peUSD represents the underlying DeFi utility version of eUSD, which can be converted through the protocol at a 1:1 ratio. Borrowers of eUSD who convert their holdings into peUSD, will always have the flexibility to convert peUSD back to eUSD at any time, enabling them to accumulate the interest earned on their deposited collateral.

What is LBR?

LBR is the native token of Lybra Protocol used for Governance and Protocol Revenue Sharing.

What is esLBR?

Holders of esLBR carry the ability to steer the course of the Lybra community, treasury, and protocol through active participation in governance decisions. Holders of esLBR can exercise their voting privileges to adjust protocol parameters, playing a significant role in the evolution of the Lybra ecosystem.