Libera is an auto staking protocol token from Libero finance.
To understand Libera, you first need to know about libero finance. Libero auto staking Protocol gives the Libero token holders an automatic staking and compounding feature, and the highest Fixed APY of 4,037.20%, or a daily ROI of 1.02%.
Auto staking and auto compounding however is old news, the project has been around for a while, and has manufactured a lot of crypto whales. Their team and the project, in general, have been KYC’d, and audited by more than 4 independent teams. This gives investors more confidence in the protocol and the team behind the project.
Libero Vs Libera.
The thing is with such high APY and a rebase reward of every 30 minutes, there is simply no CEX (Centralized exchange) that can handle these types of protocols. So the token cannot be listed on Cex such as Binance, FTX, etc. And not only that, the token cannot be used on any yield farming protocol because of the same rebase protocol.
Thanks to a new innovation of wrapping libero into wLibero, a new token is born, Libera. With libera, libero tokens can still grow inside libera, while you trade it in any Cex the problem is solved.
There is just one little thing - Libera miner how you can make 105% ROI in Five Days.
Now that we got all those crypto witcraft out of the way, let's talk $$money$$.
Libera miner is a revolutionary miner that you can deposit your LP ( liquidity token) of Libera-BUSD to get a 2.5 % - 3% daily return on your principal investment.
But... but... my math teacher says if I get a compound of 3% daily for five days, it will only accumulate to 15%. ? Hold your horses I am not done, just yet.
First things first, how does the miner works, the miner rewards you 3% of your principal investment. And then there are bonuses.
Basic compound bonus: up to 2.5% a day or a total of 7.5% in 5 compounds
Extra compound bonus for xLibera holders: up to 27.5% daily or 82.5% in 5 compounds.
So, there you have it, 3% daily for five days. It's 15% if you add with the bonuses you get 105%.
What makes the project sustainable?
There are several key features in the project, that are designed to sustain the project for a long time.
- Miners cannot withdraw more than 300% of their initial investment
- Whale taxes apply where if you own more than or equal to 1% of the liquidity pool you are subjected to withdrawal tax.
- There is a cap on a maximum deposit of 50,000 LP token
- The maximum withdrawal limit per day, which is 2000LP, means you can only withdraw a maximum of 2000 LP token/ day.
- And many other features like early withdrawal taxes, 48 hours of inactivity cut off, 24-hour reward accumulation cut off, etc.
How to join?
- If you don't have a metamask wallet, install metamask browser plugin.
- Add BNB to your wallet by purchasing directly from your metamask wallet, or through an exchange like Binance and send it to your metamask wallet.
- Head to libera.finance
- Click connect on the top right-hand side, and make sure you are on the Binance Smart Chain (BSC) network. If you haven't added BSC here is how to add on your metamask.
- Then click the green button that says zap in, this will let you exchange your BNB with libera-BUSD LP token.
- In the popup window you can choose the amount of BNB you want to zap in, you should never choose max because you need gas fees.
- After choosing your desired amount select zap & deposit.
- Now you can enjoy your daily 3% profit while you make sure you compound every 24 hrs.
Things to consider.
- Always make sure you are on Libera.finance website (There are lots of phishing scam sites out there)
- Compound daily, by monitoring the timer to get your daily bonus.
- Compound for a maximum of five days, let it accumulate for 24 hours and withdraw your profit on the seventh day.
- To withdraw your profit, go back to zap in, at the very top click UNZAP, click max, then unzap to BUSD and libera. Approved your wallet.
- If you like free money, you can use your referral link to invite other people to join.
- Rinse and repeat.
Happy investing.