Libre is an L2 for Bitcoin with fast transactions, no gas fees, and simple usernames.
Libre is focused on scaling Bitcoin by making it fast and usable.
Compare to Others: ETH, SOL, MATIC, TRON, NEAR, AVAX, FANTOM.
Libre is designed with a usability-first approach to make it easy to build apps that are simple for end users. It solves the scaling issues of Bitcoin and Tether with a secure, decentralized protocol - Libre is freedom for your financial app infrastructure.
Explore the Libre ecosystem >
Bitcoin (BTC) is a savings account. Over 200 Million people worldwide use BTC. It's accepted in over 30,000 ATMs and on hundreds of exchanges. It works in every country.
Libre uses pegged bitcoin powered by decentralized p.network bridges, and makes it instantaneous and free to send. It also integrates seamlessly with the Lightning network, making it extremely easy to go from any Lightning wallet to Libre and back. Unrivaled compatibility.
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Tether (USDT) is your digital cash or checking account. For payments, and as a stable store of value, Tether is the number one stablecoin in the world today.
Libre provides a simple, open, and trustless exchange between Bitcoin and Tether. Anyone can swap BTC / USDT for the internet's lowest fee (0.1%) - and if you provide liquidity - you will earn from the accumulation of trading fees on the AMM. Stake and unstake any time.
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380 Contributions. 2MM in LIBRE-BTC Liquidity. 95% LIBRE staked.
Exchange BTC and USDT instantly with the lowest fees on the internet. Works on mobile and desktop anywhere in the world. Provide liquidity and earn high farming rewards for your Bitcoin.
Decentralized exchange >
Libre is run by a network of nodes around the world. It also connects seemlessly to Lightning via Libre Lightning Providers (LLPS) and has decentralized bridging provided by PNetwork.
See Bitcoin reserves >
Libre is governed by the $LIBRE coin which is fairly launched, similar to Bitcoin. Libre has no pre-mine of any kind. There are no team coins, investor coins, or other pre-allocated coins.
Learn about Mint Rush >
LIBRE is the native coin that enables the Libre Chain protocol rules. Network participants can stake LIBRE enact governance, receive them as mining rewards, and earn them for providing liquidity. 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.
Learn more about the LIBRE coin >
The initial liquidity pool will be on LIBRE in the swap.libre AMM contract 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 proportionately owned by accounts that provide liquidity. Those accounts can earn fees from trades, earn liquidity farming rewards, and vote on the swap fee rate for each pool.
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LIBRE will be distributed widely and fairly through the Mint Rush. The circulating supply of LIBRE will be ~323M LIBRE. We have taken inspiration from the “fair launch” concept described by Hasu and Arjun Balaji in their Medium article.
See a distribution chart >
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.
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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.
Read about Staking >
Libre validators earn 4 LIBRE per block they mine. This goes down to 2 LIBRE on Jan 4 2023, and
then 1 LIBRE on July 5 2023. Blocks are mined every 0.5 second and each of the top 21 validators rotates in every ~2 minutes for 12 blocks. The value of 1 LIBRE will be known on Dec 15, 2022 at the end of the Mint Rush.
Run a Libre Validator Node >
Libre blockchain is one the most environmentally friendly blockchains in existence, with a scalable blockchain that protects the environment.
Full Ecological Impact >