Lybra Finance
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00d 00h 00m 00s.
Please migrate your V1 LBR to V2 LBR as soon as possible.
The World's First Interest-Bearing Stablecoin
Backed by LST
eUSD is a decentralized, unbiased, and 1:1 USD-hard-pegged stablecoin. Any individual and business can hold eUSD to receive a high interest rate.
Interest Bearing
Unlike USDT, USDC, TUSD, LUSD and DAI, eUSD is yield-bearing, with APY approx 8%.
Censorship Resistance
eUSD is a censorship-resistant, 100% decentralized, fair and transparent stablecoin built on the Lybra Finance protocol.
Over-collateralized
Each 1 eUSD is backed by at least $1.5 worth of ETH/LST as collateral, ensuring stability, resulting in a minimum collateral ratio of 150%.
Peg Stability Mechanism
Lybra Stability Fund is utilizing the excess eUSD that accumulates from the Advanced Vesting Bounty and the dLP Bounty to maintain the eUSD peg.
