Token Utilities

Utility of esLBR

Governance with 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.

Boosted Yields through esLBR

Those holding esLBR are eligible to obtain a portion of the protocol revenues. An entire 100% of this fee is allocated among esLBR holders.

Fees and Rewards in the Ecosystem

To maintain a thriving ecosystem, it's crucial to keep all participants – from minters and developers to partners – adequately incentivized. These incentives ensure continued contributions to the growth and robustness of the ecosystem. Forms of rewards and incentives can include batch solution rewards, trader incentives, and ecosystem grants, amongst others.

Treasury Holdings and Protocol Revenue

The management and allocation of treasury holdings, distribution of protocol revenues, and investment in ecosystem projects are crucial aspects of the protocol's operations. This not only ensures the protocols sustainability and growth but also contributes to the prosperity of the larger ecosystem. The direction and decisions related to these aspects are largely influenced by esLBR holders, reinforcing the democratic nature of the Lybra protocol.