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. Tokenomics
  2. LBR Tokenomics

esLBR

esLBR is escrowed LBR. It has the same value as LBR and is subject to the total supply of LBR. esLBR cannot be traded or transferred but has voting rights and can share in protocol earnings. Mining rewards are the primary source of esLBR.

esLBR holders can convert their esLBR to LBR through a vesting process. Once the process is started, esLBR will be linearly converted to LBR over a period of 30 days.

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Last updated 2 years ago