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

Token Allocation

A total supply of 100,000,000 LBR token will be allocated as below:

Allocation
%
TGE
Vesting

Mining Pool

60%

0%

0% at TGE. Dynamically emitted over 2 years based on mining contracts.

Team

8.5%

0%

A 6-month cliff, then linearly vesting over the subsequent 2 years.

Ecosystem Incentives

10%

2%

2% unlocked at TGE, then linearly vesting over 2 years.

Protocol Treasury

10%

0%

0% at TGE. Linearly vesting over 2 years after TGE.

IDO

5%

100%

Fully unlocked at TGE. The WL bounses will be distributed in the form of esLBR (0.5% of total supply).

LP Reserve

1%

100%

Fully unlocked at TGE, used as the initial LBR liquidity.

Advisors

5%

0%

0% at TGE. Then 10% after a one-month cliff, followed by linear vesting over 1 year.

20% of collected fund in IDO will be used to provide LBR/ETH LP. 40% of collected fund in IDO will be used to mint eUSD. 20% of collected fund in IDO will be used to provide eUSD/USDC LP. 20% of collected fund in IDO will be used for market making and operational expenses.

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Last updated 2 years ago