LBR-Lybra FinanceDetailed Description

LBR-Lybra Finance Detailed Description

Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrencies. The protocol is built on top of LSD (Liquid Staking Derivatives), initially using the ETH pledge and stETH issued by Lido Finance as its main components, and plans to support other LSD assets in the future. LBR is the native token of the Lybra Protocol. The Lybra Protocol is governed by holders of its native governance token, LBR, around the world. stLBR holders participate in governance and voting, while sharing the benefits of the protocol.