🟣About Libra
Last updated
Last updated
Libra Protocol $LBR:
After an in-depth examination of several protocols and many other projects that have come to life during the last couple of years, we realized that a worrisome amount of them have presented plenty of errors in their logic and their ecosystem which makes the price of their tokens lose most of the value and the trust of investors. That is one of the reasons why many people and potential audience have stopped investing in the long term to focus just in the short-lived movement of the newly listed projects just to make a quick trade in a short period of time, just a few crypto enthusiasts are the ones that can be truly called holders of a token, something we truly understand due to the many projects that have died during their first month of existence.
Libra Protocol has studied all of these cases and came to the conclusion that is right, the majority of token do not really have a sustainable utility and it is pretty difficult that they survive in more than just one month in the crypto market.
This is the reason why we, The Libra Group, have created our own project and the token behind it to offer a utility designed with the intention of keeping the price constantly increasing through the different projects that we plan to offer and that we will proceed to explain in the next session of this whitepaper.
The Libra Group Company is located in Casper- Wyoming, in the United States and is dedicated to the mining of Bitcoin for a couple of years now. We own a little over 800 miners of the Antminer brand, all of these remotely available for lease to all of our holders, if you wish to rent any of our miners you will have to lock your tokens for a period of time and they will be automatically released once your locking time is over.
You will not have to pay for the rent of the miners, just to lock your tokens for a period of time to be considered an investor of our miners.
Besides all of what it was already mentioned, we also count with a staking in USDT for our first 1500 holders, this staking will offer a unique return of 6.5% in interest every 24 hours and to be able to use it $Libra investors will only have to lock their tokens $LBR for the amount of time that they wish to stake them and receive USDT, all of this will help us increase the value of our project and the token in general by offering this unique benefit.