[ANN] LibreCash – stablecoin with transparent proof-of-reserve backing

[WalkieTalkie]

It is good to see that many exchanges can be exchanged. A decentralized autonomous organization therefore, it will make the market very hot. It's nice to see the developments are emission, liquidation, and transfer of rights of the owner.

Thank you for your feedback!

[WalkieTalkie]

On the crypto currency market, there really is not enough stability, maybe this is what scares most users. How will the stability of the coin be achieved?

Here is the answer that was posted some time earlier:

Libre is pegged to USD value for the first two years for the reason of easier market  adoption. But this doesn’t mean that LibreBank stores any Federal Reserve issued tokens or use legacy financial institutions services like traditional banks. Instead, there is multi-asset fund, including top cryptocurencies. Diversification will be increased over time and reserve will include wide range of new generation crypto-assets like commodity/real-estate/gold tokens, futures, colaterated crypto-bonds etc, to hedge volatility risks. LibreCash owner have a righ to claim a share of fund equal to 1 USD by  current market value.

Since 2020 Libre target rate will get indexed against  inflation and have a constant purchasing power against global consumer goods basket. That means - you can buy same amount of goods for 1000 Libre in 2030, 2050 2100 as in base year (2020). Unlike dollar and other gov controlled currencies which constantly loses their purchasing power. Inflation is a hidden tax. Libre (as concept) is inflation free global currency.

[WalkieTalkie]

I conducted the analysis, personally I have a positive impression about this project, as well as reading the comments in this thread I see that people in general have the same.

Thank you!

We are doing our best . Please, stay tuned and follow the project.

[Makaroon]

Do you plan to be added to the EtherDelta exchange?

[WalkieTalkie]

Do you plan to be added to the EtherDelta exchange?

Hello!
Currently, we work at exchange services that can be our partners and will list our token.
As soon as we come to agreement, It will be announced.

[M1ster.tw1ster]

tell me please, what specific advantages an investor will get by buying tokens?

[WalkieTalkie]

tell me please, what specific advantages an investor will get by buying tokens?

The LBRS token sale is planned in several stages: pre-sale with the auction price, then the main token sail with a price 2-10 times higher than the auction.
So, entering pre-sale will allow investors to get tokens way cheaper.

[m1xmee]

Do you have strong partners and what are your priorities in the future?

[evgenii17]

Now it is quite difficult to add a coin to the exchange. Do you think you will succeed?

[WalkieTalkie]

Do you have strong partners and what are your priorities in the future?

Currently, we are open for collaborations and looking for partners .
As soon as we come to agreement, It will be announced.

[WalkieTalkie]

Now it is quite difficult to add a coin to the exchange. Do you think you will succeed?

As it was previously stated, we are open for cooperation.
As soon as we come to agreement with exchanges, we will announce it.

[kl1nkagg]

LibreCash is a stablecoin. I got it. Then why do you need a second one? How it will be used?

[WalkieTalkie]

LibreCash is a stablecoin. I got it. Then why do you need a second one? How it will be used?

We have two tokens:  LibreCash, a stablecoin - a token with a stable exchange rate. 2 - LBRS token, that is used for managing DAO.

[m1xmee]

Why should I expect the growth of LBRS then?

[WalkieTalkie]

Why should I expect the growth of LBRS then?

LBRS price growth is expected to take place due to the growth of the DAO capitalization upon the growth of the estimated value of the reserve fund.

[draka_na_dne]

How can I find you on Medium?

[WalkieTalkie]

How can I find you on Medium?

Here is the link: https://medium.com/@LibreBankDAO/

[Markiz11]

I see a lot of positive feedback. apparently a live project

[moto_e398]

I was really interested. Are there any bonuses when buying your coins?

[WalkieTalkie]

I was really interested. Are there any bonuses when buying your coins?

Hello! The LBRS token sale is planned in several stages: pre-sale with the auction price, then the main token sail with a price 2-10 times higher than the auction.