The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future.
The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH.
eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence.
A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint EUSD against them, they receive a stable income in stETH of approximately 5%, which is converted to eUSD through the protocol and distributed to them.
eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.
Where is eUSD (OLD) available for purchase?
You can exchange EUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading eUSD (OLD) is Curve (Ethereum), notably the EUSD/USDC pair, which saw a trading volume of $ 8.17 in the past day.
What is the highest value eUSD (OLD) (EUSD) has ever reached?
eUSD (OLD) (EUSD) reached its peak price at 1.42 $ on 16 April 2025, approximately 4 months ago ago. Presently, the current price is -65.21% lower than this all-time high.
What is the historical minimum price for eUSD (OLD) (EUSD)?
The minimum price reached for eUSD (OLD) (EUSD) was 0.1313 $, documented on 07 October 2024, more than 10 months ago. In comparison, the current price is 276.03%, it above this historical low.
What is the fully diluted valuation of eUSD (OLD) (EUSD)?
The fully diluted valuation (FDV) of eUSD (OLD) (EUSD) stands at $ 198,348. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of EUSD tokens. The realization of this FDV might take several years depending on the emission schedule of EUSD tokens.
How to add eUSD (OLD) (EUSD) to MetaMask?
By integrating eUSD (OLD) (EUSD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import EUSD as a token. You can either manually import EUSD by copying its contract address (0x97de57ec338ab5d51557da3434828c5dbfada371) or use MetaMask's Chrome extension to add EUSD with a single click through P.CASH.
How to add eUSD (OLD) (EUSD) to TrustWallet?
Incorporating eUSD (OLD) (EUSD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include EUSD, you can either manually import it using the contract address (0x97de57ec338ab5d51557da3434828c5dbfada371) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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