LBD-LinkBasedDetailed Description

LBD-LinkBased Detailed Description

LinkBased (LBD) is a synthetic scarce elastic token pegged to the derived value of Chainlink. The concept of LinkBased comes from the innovation of Ampleforth and other heavy-based protocols that have been listed. LinkBased is a pseudo-deflationary token with game-theoretic properties of transfers to maximize incentives for liquidity providers. The goal is to create a decentralized oracle protocol based on Chainlink and create a secure protocol for the players of the network. LinkBased (LBD) is a derivative of Chainlink token $LINK.