- Libero Financial announced that its auto-staking yield farming services are available on Fantom
- The team introduced the fLibero token as the Fantom-based Libero token
Singapore, Singapore–(Newsfile Corp. – April 7, 2022) – Libero Financial has announced that its auto-staking & auto-compounding yield farming services will now be available on the Fantom Network. The team introduced the fLibero token as an augmentation of the BSC-based Libero token.
Libero Financial, a pioneer in financial freedom, is a DeFi 3.0 auto staking and auto compounding protocol that operates on the BNB Chain and pays yield to its holders in dual rewards: BUSD and LIBERO coins.
The team confirmed that the fLibero presale was successfully completed on March 30, 2022, raising $5 million from thousands of early bird investors in just seven hours.
Further, the team opted to extend to Fantom in order to help the ecosystem’s long-term growth and sustainability. Before this, they launched a massive marketing campaign in New York Times Square to promote Libero and its promise of providing DeFi 3.0 financial freedom through compounded interest.
Fantom Libero took advantage of the current campaign to delve deeper into the DeFi space, building on the success of its predecessor, which soared from a $5 million market cap to a $100 million market cap in just 20 days.
Libero Financial Is an Automatic Staking and Compounding Protocol
Libero Financial is a fixed APY automatic staking and compounding protocol on BSC. The auto staking protocol aims to transform the DeFi sector with its innovative Treasury algorithm that leverages an automatic buyback and burn to support the price and create sustainable trading volumes.
Delivering a 2.02% daily interest, auto-compounding to a fixed 158,893.59% APY for all holders, Libero Financial has achieved multiple milestones since its launch two months ago and shows no signs of slowing down. According to data from prominent crypto tracking website Coinmarketcap, the project has built a robust community of 100k+ holders and a $112M market cap with a healthy bullish chart.
The major token for the farming-as-a-service initiative, as well as its Fantom-based twin, are currently trending on Dextools, the most widely used software for decentralized market data. For the first time, the Libero Treasury has exceeded the $8 million milestones.
Libero’s principal developer welcomed the launch on Fantom Network as a big step toward the project’s dominance of the DeFi field during a recent AMA. The Fantom Libero and later expansions to other EVM-compatible blockchains such as Polygon, Avalanche, and Solana would benefit present BSC holders, according to the principal developer.
About Libero Financial
Launched in January of 2022, Libero has made significant inroads in DeFi with its ability to deliver the highest stable coin passive income across all blockchains. The platform has also emerged as the first and only fixed APY project to pass an audit by Certik, the world’s top smart contract security company.
To connect with the growing Liberators army and keep up with the latest project developments, check out the social links below:
| Twitter | Discord | Telegram | YouTube | Medium | Github |
Company name: Libero Financial
Contact person: Tara
Contact email: firstname.lastname@example.org
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Economy Extra journalist was involved in the writing and production of this article.