Introduction

Libero is positioned to lead a revolution in DeFi with the Libero Autostaking Protocol or LAP, a new financial protocol that makes staking easier, and gives $LIBERO token holders the highest stable returns in crypto.

LAP gives the Libero token automatic staking and compounding features, and the highest Fixed APY in the market 543.27%, a daily ROI (Return On Investment) of 0.51%.

Libero team is a diverse group of highly skilled developers, security experts, viral marketers, and professional yield farmers, having profound experience in defi & farming. Libero has been analyzing all the successful products in the Defi space and are exciting to bring something new, and innovative to the market. Though Libero goals are high, they are aware of potential downfalls and their team has exhaustively studied what causes projects in the DeFi space to implode, to combat this, Libero as subsequently implemented redundancies and safety measures in both the contracts and the tokenomics to prevent attack vectors, single-source oracle exploits, possible minting & rug codes and other issues that could potentially stop a project in its tracks.

Backing us through the rain or shine is our strategic investor Thoreum.capital, who have a strong financial base, as well as a resilient and tested user base support, they have a famous community of diamond hands investors (61,893++ holders) & phenomenal, diverse and engaging communities spread all around the globe (currently, 18 local groups & 300,000 members in total). Libero has a direct advisory board comprised of core members of the Thoreum capital team.

Libero's competent team has the knowledge, drive, and aptitude, capable of scaling this assest to the moon, and beyond. From deep knowledge of farming & defi, to unparalleled viral marketing execution, and robust influencer connections with fail-safe digital marketing strategies, this team at Libero is on a mission to make Libero the game changing Defi project in the crypto space, opening up a new era of Defi 3.0 & Fixed APY.

The Libero team focused on innovation that creates benefits and value for Libero token holders. The LAP protocol which is used in the Libero token gives exceptional benefits for holders of $LIBERO:

• Easy and Safe – We provide auto staking, right in your wallet, when you purchase $LIBERO, therefore, there is no need to move your tokens to our website. From the minute you buy, you are staked, and set to receive rebase rewards. The easiest auto-staking in DeFi.

• 543.27% APY, the highest Fixed APY on all blockchains – APYs that fluctuate means you can never tell how many tokens you will receive. Other DeFi protocols pay out a high APY that can fluctuate by 90% in a day. LAP pays $LIBERO holders a fixed interest rate of 0.51% daily or with compounding 543.27% annually, which tops the industry.

• Fast Rebase Rewards every 30 minutes. Other popular staking protocols pay rebasing rewards every 8 hours which means if you want to unstake you have to time it to get maximum rewards. The Libero Auto-staking Protocol pays every 30 minutes or 48 times every day, making it the fastest auto-staking protocol in crypto.

• Price floor supported by Defi 3.0 multichain farming profit: We will use the buy&sell tax to create the Libero Insurance Treasury fund and the treasury fund to multichain farming. The LIT funds are bridged to other EVM-compatible blockchains - like Avalanche, Fantom, Solana, Metis, Polygon, etc. to farm at the highest APY farms and the profit returned to the LIT fund. We aim to deliver ~50% additional returns a year or more to better support LIBERO price floor. We are confident that we can support 50% higher APY than other high APY projects while still be sustainable.

The LAP uses a complex set of factors to support its price and the rebase rewards. It also uses game theory and human nature to determine the most likely habits of those who buy the token. Our development team has coordinated all of these elements so they work seamlessly behind the scenes. The result is a simple, and elegant, staking and rewards system for $LIBERO holders.

The LAP is as flexible as it is powerful and will be used as the foundation for a range of Libero products, services, and projects going forward. Each will transform a different area of crypto.

LIBERO Bank - Staking Mechanism

What is LIBERO BANK?

• You lock LIBERO (any period from 1 day to 4 years 4 years) in the LIBERO Bank to receive xLIBERO token as a receipt.

• Proportionally, the longer you lock, the more xLIBERO you will receive. A 4 year lock will give a 1:1 ratio of Libero to xLIBERO conversion.

• By just holding xLIBERO, you receive BUSD rewards, every day, these amounts are calculated based on your proportion percentage of the overall xLIBERO in circulation, this percentage gives you a proportional access to the funds accumulated from the pool collected from the 7% LIBERO trading volume, accumulated from the buy&sell tax.

• You will still also continue to receive the daily 0.51% LIBERO interest (auto-compound to 543.27% APY) in addition. This means, if you lock your Libero for 4 years, you will get back your locked amount back after just 136 days.

• xLIBERO holders will receive other benefit such as multichain-farming profits in the future

• xLIBERO holders can vote in our LIBERO DAO governance for important factors, relevant to the token and the community, such as transaction tax change, etc.

• You can unlock xLIBERO and convert it back to LIBERO before the end of the lock period, but beware, 90% of your locked LIBERO will be deducted and distributed to current xLIBERO holders.

Why LIBERO Bank is an innovative feature that help the LIBERO system long term?

How does LIBERO Bank play a crucial part in keeping LIBERO value sustainable long term?

1. The more people that lock their LIBERO to xLIBERO, (usually from 2 week to 4 years), the less LIBERO tokens are in circulation. The price of a token is based on supply/demand. So xLIBERO will help reduce the supply and increased the demand of LIBERO as new investors will have to purchase from the limited supply in circulation, this will support the LIBERO price, long term. We are proud to announce, that LIBERO Bank, is the first fixed APY project to implement such an innovative system.

2. The more LIBERO that is locked, the less new LIBERO is printed. This is due to the fact that when you lock your LIBERO to xLIBERO you receive the BUSD from the 7% of LIBERO transaction volume and about 0.51% LIBERO rewards everyday compounded to 543.27% a year. If you don't lock your LIBERO you will receive 1.02% rewards everyday. So 50% less LIBERO is printed for all locked xLIBERO which means less inflation.

3. xLIBERO is a way for LIBERO holders to receive BUSD rewards, this means that holders don't need to sell their LIBERO to take profits or, if they do sell to take profits, they will sell less to realize their profit when added to the accumulated BUSD. So less selling pressure means better support price.

4. Crypto markets go though fear and greed cycles and it is clear that we are currently in a fear period. Many people will appreciate their income in BUSD because it feels safe being pegged to the USD. Rewarding BUSD in this market makes LIBERO more attractive in the eyes of potential buyers, raising buying pressure and lowering selling pressure is achieved and this is very important for project long term.

5. New users will be comforted to see the diamond handed mentality of the Libero userbase, knowing that so many users have put such trust into a project, for such an extended period, in a climate where projects are failing after a few weeks, knowing that there is a strong core base of long term investors, who have locked their Libero for years, guaranteeing the foundation of the project, will help to stabilize and grow the value of the token over time. Summary: As you can see by locking you LIBERO in the LIBERO bank, not only benefits you (return within 136 days) but also benefits all LIBERO holders and provides a great sense of community and longevity for new people entering into the system.

Locking mechanism explained

The locking period will range from 1 week to 4 years, the basic idea is the longer the time you lock, the higher the number of xLIBERO you will have. You can only keep or increase the lock time, you cannot lower your lock time.

So before you lock your LIBERO you should consider how long you will commit your LIBERO to this function.

You can unlock your xLIBERO to LIBERO before the time ends but you can only receive 10% of what you locked, the rest, the remaining 90%, is used to rewards the people who are still locked.

Therefore before locking your Libero you should also decide how many percent of your LIBERO will be used to lock for xLIBERO to receive passive income in Libero and BUSD.

When you calculated the percentage, let's say for example that we will lock 30% of our total Libero, you should then decide how long you will lock your 30% LIBERO for xLIBERO.

If you lock the Libero for 4 years, your exchange of LIBERO for xLIBERO will be 1 LIBERO is equal to 1 xLIBERO

if you lock your Libero for 1 year which is equal to 365 days, 1 LIBERO = 365 / (365*4) = 0.25 xLIBERO

Of course if you are not satisfied, you can increase your lock at anytime to receive more xLIBERO.

BUSD rewards from LIBERO Bank can be used to buy Libero, Thoreum, Mvc, Epichero Tax Free.

When user claims their BUSD rewards, they will have 2 choices:

1. Claim to BUSD normally.

2. Or Use that BUSD to buy LIBERO/THOREUM/MVC/EPICHERO tax free

All our users love compounding their rewards and using them to grow, not only the value of their holding, but also the opportunity to receive more in the future. To retain as much funds inside the system we have initiated an open ended relationship with the other Tokens in the Thoreum network and from this great partnership we can allow our users to compound their earnings back into their favorite Thoreum based token tax free, bypassing the buy tax that usually is charged from buying these tokens. This will incentivize users to keep their money inside the ecosystem, stabilizing the value of the token and allowing it to grow naturally over time, it's a win-win for everyone.

So if a user likes a token, for example THOREUM, they can let their xLIBERO rewards grow in unclaimed BUSD. When they see that Thoreum has a good buying opportunity, instead of claiming the BUSD and then buying the THOREUM where they will be taxed 13%, they can, instead, just click 1 button and the system will automatically buy THOREUM at the market value and send it to them immediately without paying the buy tax.

How to calculate my daily BUSD rewards

The rewards depend on 2 factors.

The first is daily volume.

The second is your share percentage of the total locked xLIBERO

If the daily volume is high but the number of locked xLIBERO is also high your rewards might be lower than on other days, but during this time you will still be getting your daily rewards paid out in LIBERO equal to 0.51%.

If the daily volume is high and the number of locked xLIBERO is low meaning you can have a larger percentage of the total xLIBERO you will receive a larger share of the rewards, AND will also continue to receive your daily pay out of 0.51% LIBERO also.

As you can see your daily takings in BUSD depend a lot on daily volume and how others are engaging with the LIBERO bank on a daily basis.

The beauty of LIBERO Bank is their will be a period of fluctuation in the early days as things settle down, but as the nature of the token will push people to lock their tokens for the maximum amount of time, this will mean a large percentage of all tokens will be locked, so will not fluctuate daily, this means that over time the amount of BUSD received by a user will also level off over time, as people find a spot where their BUSD rewards satisfies their requirements.

Libero Smart Bond

What is bonding?

Bonding is the secondary value accrual strategy of Libero. It allows Libero to acquire its own liquidity and other reserve assets such as WBNB by selling Libero at a discount in exchange for these assets. The protocol quotes the bonder with terms such as the bond price, the amount of Libero tokens entitled to the bonder, and the vesting term. At the end of the vesting term, the full amount will be claimable.

Bonding is an active, short-term strategy. The price discovery mechanism of the secondary bond market renders bond discounts more or less unpredictable. Therefore bonding is considered a more active investment strategy that has to be monitored constantly in order to be more profitable as compared to buying directly on the market.

Bonding allows Libero to accumulate its own liquidity. We call our own liquidity Protocol Owned Liquidity (POL). More POL ensures there is always locked exit liquidity in our trading pools to facilitate market operations and protect token holders. Since Libero becomes its own market, on top of additional certainty for Libero investors, the protocol accrues more and more revenue from LP rewards bolstering our treasury.

Libero Smart Bond: Bonding as a service

For long-term sustainability, we can now offer an innovative and easy-to-implement bonding mechanism which enables protocols to own their own liquidity, forever.

Owning their own liquidity, protocols earn on transaction fees on the LP token they purchase. By not having to pay farmers to provide liquidity, they also save incentives which could be used for other things.

The road to self-sustainability and long-term growth is ready.

How does Libero Smart Bond work?

For users:

• Users come to Libero Smart Bond section on the website and check if there is a discounted bond.

• Not that every time there is a discounted bond available, if someone already bought all the discounted bond, there will be no discounted bond left. Or when the project decide that not to sell bond, there'll be no discounted bond available.

• If there is bond available, usually with a discount, users can buy Libero with a discounted price, for example 10%. So they pay 10% less WBNB ( or BUSD, or LIBERO-BNB LP or whatever the protocol choose) compare to what they have to pay on normal exchanges.

• Users can claim their Libero right after purchase or a few days later (usually 5 days) depend on the setting of the protocol.

• 80% of the purchased money will go to normal exchange to market buy, help increase the price and market cap.

• 20% of the purchased money will go to the treasury of the protocol, make the protocol more sustainable.

• The 80/20 ratio can be configured by the protocols at any time depends on market situation.

For partnered protocols:

• Libero offer this service to any partners with 2% fee based on the volume. Using our smart contracts, the DAO’s or protocol’s treasury will be able to offer their token for a discount in exchange for a liquidity pair, or any other token they choose ( WBNB, BUSD, LPs, etc.).

• With the "Smart" feature of Libero Smart Bond, for the first time ever in Defi world, protocols' price and marketcap can grow together with its treasury. Both long term sustainability and short term price action is boosted through Libero's innovative Smart Bond Service.

• Users can create LPs or use existing ones to exchange those for discounted tokens, which could be directly put into an address of the protocols choosing. This further incentivizes users to stick around to profit from the protocol’s revenues.

• Users avoid the risk of impermanent loss by not keeping the liquidity (eg. LIBERO-BNB) themself, they give it to the protocol in exchange for a discounted price.

• Protocols/DAOs do not have to pay the Liquidity Mining incentive for users to keep their liquidity.

• Protocols/DAOs can earn on liquidity trading fees.

• Protocols/DAOs can own their liquidity, not dependent on mercenary liquidity providers anymore

• Protocols/DAOs now own their liquidity, so price is more stable and volume will increase and better absorbs large trade.

• The liquidity is bigger over time and has no risk of user withdrawal.

• Bonding can be implemented on your own website.

• With Libero Smart Bond - Bonding as a Service, the road to self-sustainability and long-term growth is ready for any DAO/protocols that want to partner with us.

Initial ratio will be set to 80/20 where 80% is market buy & 20% is treasury buy. This number will be adjusted dynamically based on market situation.

What is the "smart" in Libero Smart Bond?

Protocols like OlymusDao has implemented it quite successfully and can grow their liquidity tremendously to hundred millions USD, but after a long time on the market, I see it has one serious drawbacks:

Because of the nature of bond is discount, interested users waited patiently for the opening of bonding periods to purchase the tokens instead of buying on the open market; So the price is not supported and the marketcap is stagnated.

Libero believes they have found a solution and are happy to finally introduce LIBERO Smart Bond. For the first time in Defi history, a new smart model of Bonding that will combine the best of both worlds: open market buys that fuel price action and bonds to help treasury keep up. For the users this happens in the background as the Smart Bond will be implemented on our website directly and all the user has to do is choose the amount to buy LIBERO with.

If a user wants to purchase $1,000 of LIBERO and the ratio is set to 80/20 the following happens: The Smart Bond will route $800 dollars through PancakeSwap using the liquidity pair, and $200 though our Libero Bonds. The user chooses the amount and the Smart Bond contract handles the rest!

Libero Smart Bond has multiple advantages:

• easy to use for the user

• treasury per market cap ratio grows close together

• team can regulate the buy/bond ratio at anytime

• price and treasury grow with every buy

—> Better than OlympusDAO Defi 2.0 old bonding model, for the first time ever users have LIBERO Smart Bond with best of both Defi 1.0 & Defi 2.0 worlds.

All in all, we believe the implementation of our smart bond will benefit Libero Financial and its community greatly!

Last but not least, we are offering our Smart Bond as a very cost effective service to other protocols who believe their project could benefit from growing their treasury at a closer relation to their market cap without having to launch a new version of their contract.