Libraprotocol (LIBRACOL)

About LIBRAPROTOCOL

LIBRAPROTOCOL will join a handful of other digital currency projects with a token issuance program. This means that the LIBRA PROTOCOL team will periodically subtract a predefined number of tokens from the total supply.

This follows a somewhat similar principle to a traditional stock repurchase program, in that the company involved will buy its own shares to reduce the total circulating supply. This typically has the desired effect of increasing the value of the stocks in question, as there is a lower supply of shares in the open market.

In the case of LIBRAPROTOCOL, the team behind the project will run a manual token burning policy, which is democratic. That is, the LIBRAPROTOCOL community will have a direct say in when tokens should be burned. This decision-making process will be done in a fair and transparent manner – especially since the proposal will be voted on by the token holders.

Features

We understand that liquidity is crucial in any trading environment. By definition, decentralized liquidity is the availability of tokens operated and controlled by a smart contract hosted by a decentralized exchange.

Historically, market makers have been used to provide a service for buyers and sellers in traditional order book exchanges for a better user experience.

The primary function of these market maker services was to promptly fill buy and sell orders and reduce the overall market volatility caused by large orders.

However, traditional order books have long been outdated due to newer technologies and have been replaced by liquidity pools in a decentralized venue.

Proper incentives to add liquidity are a key factor in any decentralized environment, just as market makers charge fees for providing a service in the order book environment.

Problems arise when the liquidity pool provider loses the incentive to add coins to the pool formed after the coin pair suffers permanent loss from arbitrage.

Technical data

The Libraprotocol network has a Token Design (LIBRACOL). The LIBRACOL token is the governance token for the Libraprotocol protocol. The LIBRACOL bid is set at 21 Trillon and will never increase and 47% of the tokens have been burned.

Token Details

• Token Name: LIBRAPROTOCOL Symbol: LIBRACOL
• Launch Date: May 15, 2022
• Blockchain : BSC
• Total Supply: 21 000 000 000 00
• Burns: 9.870.000.000.000

Token Distribution

• Team and Consultants 14%
  • Team: 11% tokens have been allocated to the team. These tokens are locked for:
    • (20% 06 month lock time)
    • (20% 10 month lock period)
    • (30% 20 month lock period)
    • 09/27/2022 01/20/2023 12/12/2023
    • Transaction lock ID
  • Advisor: 3% tokens are allocated to advisors.
• Marketing and Community: 15%
  • 10% Marketing
  • 5% Community
• Partnerships 7%
• 32% for DEX
  • 15% Staking
  • 17% Liquidity for DEX
• Pre-sale* and General sale 27%
  • 20% Pre-Sale
  • 7% Public Sale
• Charitable and Trust Reserve 5%
  • 4% Base Reserve : (80% 20 month lock period) >>05/12/2023
  • 1% Charitable Foundation : (50% 06 month lock period) >> 26/09/2022

* Pre-sale: 60% of unsold tokens will be distributed to the community, -40% of unsold tokens will be burned.

Bonus Structure

Tier 1: ( + 50% coins) May 15, 2022 – June 15, 2022 Price: $0.0000000125

Tier 2: (+ 20% coins) June 16, 2022 – July 16 2022 Price: $0.000000200

Main Price :0.000000250 $