Lybra Finance will launch its v2 on August 31, the new version will offer a range of upgraded features, including omnichain functionality, an expanded range of of LSTs as collateral, and the Lybra Wars, a votes and incentives mechanism that allow individual LST pools to bribe governance token holders to direct emissions towards their pools.
Lybra Finance is a decentralized stablecoin and lending protocol designed to leverage Lido Finance issued stETH. Lybra currently facilitates the minting of EUSD by allowing users to borrow against their deposited ETH and stETH.
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Liquid Staking Derivatives (LSD)
Stablecoins
DeFi
