Dear Users,
 
Due to popular demand. BingX Spot will add 1 trading pair on 2023-05-30, 06:00:00 (UTC+0).
• Asset: LBR
• Trading Pair: LBR/USDT
• LBR Deposit Time: 2023-05-29, 12:00:00 (UTC+0)
• LBR Withdrawal Time: 2023-05-30, 06:00:00 (UTC+0)
• Spot Grid and Spot Infinity Grid will list LBR for users to enjoy smart trading of the tokens

About LBR

$LBR, the native cryptocurrency of Lybra Finance, operates on the Binance Smart Chain and serves as a key element within the decentralized finance (DeFi) ecosystem. Users can engage in liquidity mining by providing liquidity to token pools and earning $LBR tokens as rewards. Additionally, $LBR facilitates yield farming, enabling users to optimize their returns by strategically participating in various pools and protocols. Furthermore, $LBR holders have governance rights, allowing them to actively influence the project's development and direction through voting on proposals.

The value of $LBR lies in its carefully crafted features. With a limited supply of only 21 million tokens, $LBR promotes scarcity, adding intrinsic value to the cryptocurrency. The implementation of a deflationary mechanism, where 1% of every transaction is burned, contributes to reducing the circulating supply over time. This combination of scarcity and deflationary measures sets $LBR apart, potentially enhancing its long-term value. The fair distribution model, rewarding early adopters and loyal supporters, further strengthens its appeal.

$LBR's strength is amplified by its active community and accessibility. The cryptocurrency is listed on Uniswap, a leading decentralized exchange, ensuring liquidity and ease of trading. The project's community, united by a shared vision of creating a more inclusive and accessible DeFi space, contributes to the overall resilience and innovation of $LBR. In summary, $LBR stands out in the DeFi landscape with its limited supply, deflationary mechanism, fair distribution, and strong community support, positioning itself as a symbol of innovation and potential within the decentralized finance sector.

The $LBR token is set to be listed on BingX Exchange, providing users with the opportunity to trade the token effortlessly by selecting LBR USDT. In-depth analyses concerning price estimations, token valuation, investment worthiness, and other pertinent insights will be made available through the LBR Price Analysis Tool. Users seeking a detailed walkthrough on purchasing crypto can refer to the comprehensive How to Buy LBR Coin guide for step-by-step guidance.

Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
 
 
BingX Operation Team
2023-05-29
 
BingX Official Channels
BingX Web: https://bingx.com
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment decisions. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
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