Lybra FinanceLBR

The Lybra Protocol is a interest-bearing stablecoin protocol supported by LSD, aimed at bringing stability to the volatile world of cryptocurrencies. A notable feature of the Lybra Protocol is that users can earn a regular and stable income by holding the eUSD that has been minted (borrowed). This income is supported by the LSD (liquid nature collateral derivative) generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and have EUSD minted for them, they receive a stable income of approximately 5% on their stETH. This income is converted into EUSD through the protocol and distributed to them.