LBR and esLBR

The Lybra Finance Native Tokens

The Lybra Protocol is globally governed by individuals who hold its native governance tokens: LBR and esLBR.

LBR is an OFT token integrated with LayerZero's OFT standard. It has the capability to be bridged to and traded on any supported L2's without any limitations on liquidity.

LBR and esLBR serve as the fundamental tokens within the Lybra Finance ecosystem. Owners of LBR have the opportunity to stake their tokens, converting them into esLBR, which stands for escrowed LBR.

Having an equivalent value to LBR, esLBR is dictated by the total supply of LBR.

esLBR holders gain voting rights, enabling them to participate in governance decisions, and are eligible to share in the earnings generated by the protocol. This system cultivates active community participation while distributing rewards among the stakeholders.