Lybra Finance Docs
  • Background
    • Stablecoins on the Market
    • Interest-Bearing Stablecoin
    • Our Mission
  • Overview
    • Introduction to the Lybra Protocol
      • What is eUSD?
      • How does eUSD generate interest?
      • Why should I hold eUSD?
      • What Properties of eUSD Function Similarly to Money?
      • How can eUSD stability be ensured?
    • What is LBR?
  • Mechanisms
    • Introduction
    • Minting
    • Rigid Redemption and eUSD Price Stability
    • Liquidation
  • Tokenomics
    • LBR Tokenomics
      • Token Allocation
      • Token Utilities
      • esLBR
      • Staking & Yield Boost
      • LBR Mining Programs
  • supplement
    • Roadmap
    • FAQ
    • Contracts
    • Audits & Bug Bounty
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  1. Overview
  2. Introduction to the Lybra Protocol

What is eUSD?

eUSD is a stablecoin pegged to the US Dollar, backed by an excess of ETH collateral, and issued in a decentralized and unbiased manner. Simply holding eUSD generates a stable income with an APY of approximately 8%.

Thanks to its low volatility and stable interest income, eUSD can counteract harmful inflation and provide economic freedom and opportunities for individuals worldwide.

By depositing ETH into the Lybra Protocol, the deposited ETH can be used as collateral to mint/borrow eUSD at a healthy mint ratio for use in DeFi at any time.

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Last updated 2 years ago