Auzzi Shopping

The Times Real Estate

.

Today's Features at Auzzi

A Complete Checklist for Your Mardi Gras Party Supplies

Mardi Gras party supplies create the ideal atmosphere for occasions that will be remembered by adding colourful energy and festive charm to celebrations. Decorate with vibrant masks stre...

Stay Warm and Stylish: Top Athletic Jackets for Active Lifestyle

The modern athlete prefers to wear those sportswear jackets that not only help them to perform but also make them stylish. Yes, they love wearing a garment that perfectly blends with funct...

Top 5 Benefits Of Behaviour Support Services For Brisbane Families

In today's fast-paced world, families in Brisbane face numerous challenges in managing behaviour issues that may arise in their households. Whether it involves children, teenagers, or adul...

Line Marking Solutions for Brisbane Growing Infrastructure Needs

As Brisbane develops, so does its need for good line marking to match its infrastructural development. The requirement of good line marking factors in ensuring transportation networks sa...

Practical and Stylish: Exploring the Best Ladies' Work Pants in Australia

Today’s working life is fast and demanding. So, people need the best workwear that offers comfort, functionality and style. Compromising can’t be something that any woman is okay with...

Understanding Waste Types: Which Skip Bin Do You Need?

Hiring the correct skip bin depends on the type of waste you need to dispose of. Different skips suit specific materials. Using the wrong one could cause extra costs or legal issues. Hereâ...

Pool Landscaping Ideas: Transform Your Pool Area into a Luxury Retreat

The pool area is more than just a place to swim; it's a sanctuary where you can unwind, entertain, and enjoy the outdoors. With the right landscaping ideas, you can turn your pool area into ...

BingX, First CEX to Launch LSD Token Lybra Finance LBR USDT Spot Trading Pair

  • Written by Auzzi Shopping
SINGAPORE - Media OutReach - 31 May 2023 - BingX, a leading centralised cryptocurrency platform, is thrilled to announce the release of the LBR USDT spot trading pair on its platform.
This new addition offers users the opportunity to engage in trading with the Lybra Finance ecosystem.

Lybra Finance is a groundbreaking decentralized finance (DeFi) protocol that follow the trend of Liquid Staking Derivatives after the launch of ETH Shanghai update. Lybra empowers users to leverage their ETH USDT or stETH holdings to generate stable eUSD stablecoins. By following a simple three-step process, users can deposit collateral, mint eUSD, and then choose to either receive interest or utilize the stablecoins within other DeFi protocols.

One of the key advantages of eUSD is its stability and safety. The value of eUSD remains close to its 1 USD peg, thanks to a combination of overcollateralization, liquidation mechanisms, and arbitrage opportunities. Additionally, holders of eUSD can expect to earn an attractive base annual percentage yield (APY) of approximately 7.2%, making it an appealing option for investors seeking a steady income stream while maintaining exposure to the cryptocurrency market. As the price of ETH rises, the yield generated by eUSD holders may also increase.

At the heart of Lybra Finance's governance and decision-making process lies the Lybra DAO. The DAO is governed by LBR token holders, who possess the power to influence the project's direction, propose and vote on various decisions, and collectively manage the protocol. This community-driven approach ensures that Lybra Finance remains true to its decentralized nature and aligns with the interests of its users.

BingX aims to further enhance its offerings and provide users with diversified opportunities within the DeFi landscape. The LBR coin spot trading pair is an exciting addition to BingX's growing range of trading options, solidifying its position as a comprehensive platform for crypto enthusiasts.

BingX continues to prioritize security, user experience, and market-leading features, ensuring a seamless trading experience for all participants.

Hashtag: #bingx #cryptoexchange

The issuer is solely responsible for the content of this announcement.

About BingX

Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Additionally, BingX has launched BingX QA , an engine for new project analysis like .