Libre is the first pegged BTC ecosystem that works seamlessly with Lightning. It makes BTC fast, easy to use, and programable, while remaining non-custodial and fully decentralized.
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Like Bitcoin, the Libre blockchain has no pre-mine of any kind. There are no team tokens, investor tokens, or other pre-allocated tokens. The entire blockchain will be launched in a fair and transparent fashion.
LIBRE is integrated with the p.network to provide transparent, secure and auditable pegged BTC and USDT. This BTC can be independently pegged in and out for BTC on p.network bridges.
The Libre Blockchain interacts with a network of bonded Lightning Lightning Providers (LLPs) who run lightning nodes and pay and receive Lightning invoices in exchange for on chain pegged Bitcoin.
Swap between pegged BTC, pegged USDT, and LIBRE on a secure AMM, initially funded by a fair-launched mint rush. Earn LIBRE by providing liquidity to the AMM, farming, and staking.
All decisions on the blockchain are managed by a DAO, which votes on a one token one vote basis. Consensus is delegated proof of stake with the validators selected by token vote.
Earn rewards by inviting your friends and family to the Libre ecosystem. The more people who join and stake the more you earn. Staking rewards are shared transparently and automatically on chain.
LIBRE is the system token for the Libre Blockchain. Become a Libre validator and earn LIBRE today. Watch out for the fair launch "Mint Rush" and contribute Bitcoin to the AMM in exchange for LIBRE.
LIBRE is the native token that enables the Libre Chain protocol rules. Network participants can use LIBRE to pay transaction fees or enact governance, receive them as rewards for their work keeping the blockchain operational, or stake them to help secure the network. Specifically, LIBRE serves three functions:
Governance - voting in Libre DAO to govern the AMM and chain protocol settings.
Validator Elections - each wallet can choose 1 validator, votes decay over time so as your staking period nears its end, your voting power will weaken.
Staking - staking LIBRE for governance pays a yield which is higher the earlier you stake and the longer you stake (more details below).
The initial liquidity pool will be on LIBRE and it will be LIBRE/BTC - 100% of the BTC raised in the mint rush will go to the AMM. This AMM liquidity pool is completely owned by the DAO.
LIBRE will be distributed widely and fairly. We have taken inspiration from the “fair launch” concept. The initial supply of LIBRE will be 210 MM LIBRE. 10 MM will be airdropped, 100 MM will be created in the Mint Rush, and 100MM will go into the AMM with the BTC raised in the Mint Rush. The AMM pool will be owned by the DAO.
LIBRE works with various wallets including Bitcoin Libre, Anchor, and cleos. You can take advantage of the full range of LIBRE features - including staking yields on any of these non-custodial wallets.
LIBRE yields are based on 2 criteria - the days since launch that you stake, and the length of your stake. Therefore, the earlier you stake and the longer you stake, the higher your yield will be. Just like Bitcoin block rewards decline over time, the yield rate for stakes declines daily.
Libre blockchain is one the most environmentally friendly blockchains in existence, with a scalable blockchain that protects the environment.
Full Ecological Impact
No, like Bitcoin the LIBRE token is launched without any pre-mine. Anyone can become a validator and mine LIBRE.
Libre token holders can refer other users. Every time your referral stakes LIBRE, spins the wheel, or earns a reward - you will also earn immediately.
Go to the app store and search for Bitcoin Libre and download the app. Signing up is completely free and you can spin the wheel to earn some free Bitcoin. Refer your friends to earn even more Bitcoin every time they spin. You can also use other wallets such as Anchor.
The LIBRE airdrop is live and will run for 90 days. Eligible accounts from Solana, Ethereum, EOS, Proton, Telos, WAX, and have already been determined in a snapshot as of May 1. Go to airdrop.libre.org to check your eligibility and claim your free LIBRE tokens. You will spin the wheel for added fun.
Libre is community-funded and governed. At a time determined by the DAO, there will be a “Mint Rush” where anyone can send BTC and mint LIBRE. 100% of the BTC contributed to the Mint Rush will be used to provide liquidity for the LIBRE token on the AMM.