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Topic: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing (Read 1581 times)

full member
Activity: 420
Merit: 103
I see before me a transparent platform with a decentralized system and the prospect of becoming the leading crypto currency in this area.
newbie
Activity: 14
Merit: 0
Greetings guys! It's really good project.
Logical design, wondrous logo.
I completely agree with you Wink
newbie
Activity: 14
Merit: 0
Greetings guys! It's really good project.
Logical design, wondrous logo.
newbie
Activity: 308
Merit: 0
I was looking at your platform. And now I have a question… How does it work? I mean, if there is a special system.. Like step by step model of circulation? I would be happy to see it.. Also I have one more question - What are you working on? I mean what do you develop ar plan to develop.. What will be the emission.. just general information..
The release of LibreCash into circulation has several steps. They are: the user initiates the purchase through a smart contract. That the user pays a fee for the release of LibreCash and transfers ETH to the smart contract address. Than the received commission and ETH are placed in the LibreBank reserve fund.
And only here the user receives LibreCash.
I can say you a few moments, on what is the team working on. Firstly – on the development of the decentralized system,  development of the economic motivation model of data providers. After – on the automatic emission and elimination of LibreCash tokens. And economic audit and safety audit in the prototypes’ test network of the emission..
member
Activity: 406
Merit: 10
I was looking at your platform. And now I have a question… How does it work? I mean, if there is a special system.. Like step by step model of circulation? I would be happy to see it.. Also I have one more question - What are you working on? I mean what do you develop ar plan to develop.. What will be the emission.. just general information..
The release of LibreCash into circulation has several steps. They are: the user initiates the purchase through a smart contract. That the user pays a fee for the release of LibreCash and transfers ETH to the smart contract address. Than the received commission and ETH are placed in the LibreBank reserve fund.
And only here the user receives LibreCash.
member
Activity: 406
Merit: 11
 I was looking at your platform. And now I have a question… How does it work? I mean, if there is a special system.. Like step by step model of circulation? I would be happy to see it.. Also I have one more question - What are you working on? I mean what do you develop ar plan to develop.. What will be the emission.. just general information..
member
Activity: 125
Merit: 10
What recommended parameters to adjust in my wallet for investing in your project?
newbie
Activity: 182
Merit: 0
I like this project. I have found this platform and have took a look on it. Most of all I liked the things, that LibreCash they have implemented. There were a lot of points, but I want to tell you about its token. This token is based on the version of ERC20. Also, as I remember, it has additional emission, destruction, and transfer of authority. So, all needed and very interesting.
jr. member
Activity: 308
Merit: 1
I heard about the Decentralized app. Also it is called like DApp). I like it, because it gives the access to information about LibreBank balance. I mean the data from public block explorers. Also there is the number of emitted tokens, what is important not to forget and the current exchange parameters, which are needed know.
I would like to say about an oracles system. This system is made for downloading data. This data is about the current exchange rates of currencies. This information is from external sources to the smart contracts. Also I remember, that the team uses Oraclize. They do it with their own and unique solution, LibreOracle.
I want to say about the autonomous smart contract. This is a prototype for selling and purchasing tokens. So, we are talking about the LibreCash tokens. The currencyof exchange is ETH, as usual. It has got the ability to emit tokens. And also to destruct tokens. T looks and sounds very interesting) That’s why let’s keep an eye on it!
Also LibreCash uses DAO smart contract prototype. The team uses it for managing the parameters of the emissive smart contract. The significance of a user’s vote is defined by his or her balance in LBRS. They implemented a role for an elected issue resolver, who can veto the result of any vote.
This smart contract is based on the standard Ethereum DAO.
member
Activity: 406
Merit: 10
I heard about the Decentralized app. Also it is called like DApp). I like it, because it gives the access to information about LibreBank balance. I mean the data from public block explorers. Also there is the number of emitted tokens, what is important not to forget and the current exchange parameters, which are needed know.
I would like to say about an oracles system. This system is made for downloading data. This data is about the current exchange rates of currencies. This information is from external sources to the smart contracts. Also I remember, that the team uses Oraclize. They do it with their own and unique solution, LibreOracle.
I want to say about the autonomous smart contract. This is a prototype for selling and purchasing tokens. So, we are talking about the LibreCash tokens. The currencyof exchange is ETH, as usual. It has got the ability to emit tokens. And also to destruct tokens. T looks and sounds very interesting) That’s why let’s keep an eye on it!
newbie
Activity: 252
Merit: 0
I heard about the Decentralized app. Also it is called like DApp). I like it, because it gives the access to information about LibreBank balance. I mean the data from public block explorers. Also there is the number of emitted tokens, what is important not to forget and the current exchange parameters, which are needed know.
I would like to say about an oracles system. This system is made for downloading data. This data is about the current exchange rates of currencies. This information is from external sources to the smart contracts. Also I remember, that the team uses Oraclize. They do it with their own and unique solution, LibreOracle.
member
Activity: 406
Merit: 10
I heard about the Decentralized app. Also it is called like DApp). I like it, because it gives the access to information about LibreBank balance. I mean the data from public block explorers. Also there is the number of emitted tokens, what is important not to forget and the current exchange parameters, which are needed know.
jr. member
Activity: 308
Merit: 1
I have found this platform and have took a look on it. Most of all I liked the things, that LibreCash they have implemented. There were a lot of points, but I want to tell you about its token. This token is based on the version of ERC20. Also, as I remember, it has additional emission, destruction, and transfer of authority. So, all needed and interesting
what about me, I liked an autonomous smart contract. It is made for purchasing and selling LibreCash tokens for ETH. I said about it because as a rule I use ETH. In any place, any case, any situation..  So, this implementation made my life easier. I understand, that a lot of platform is ETH, but appreciate this one, because I like the platform of LibreCash.
I met a lot of problems with different kinds of wallets. All of them are difficult and complicated. That’s why I am going to say about the web wallet lite. It is made, as usual wallet,  for the storage and transfer tokens. But in this case we are talking about the of LibreCash tokens. Also these actions can be done among users.
yes, I agree with a mind about wallets. Most of them are really inconvenient to use. They don’t meet needs of users. But, Web walet has the ability to buy and sell LibreCash tokens for ETH, as it was said above and to transfer tokens to other users. All these processes are based on MyEtherWallet. Actually, it is pretty good wallet..
newbie
Activity: 308
Merit: 0
I have found this platform and have took a look on it. Most of all I liked the things, that LibreCash they have implemented. There were a lot of points, but I want to tell you about its token. This token is based on the version of ERC20. Also, as I remember, it has additional emission, destruction, and transfer of authority. So, all needed and interesting
what about me, I liked an autonomous smart contract. It is made for purchasing and selling LibreCash tokens for ETH. I said about it because as a rule I use ETH. In any place, any case, any situation..  So, this implementation made my life easier. I understand, that a lot of platform is ETH, but appreciate this one, because I like the platform of LibreCash.
I met a lot of problems with different kinds of wallets. All of them are difficult and complicated. That’s why I am going to say about the web wallet lite. It is made, as usual wallet,  for the storage and transfer tokens. But in this case we are talking about the of LibreCash tokens. Also these actions can be done among users.
member
Activity: 406
Merit: 10
I have found this platform and have took a look on it. Most of all I liked the things, that LibreCash they have implemented. There were a lot of points, but I want to tell you about its token. This token is based on the version of ERC20. Also, as I remember, it has additional emission, destruction, and transfer of authority. So, all needed and interesting
what about me, I liked an autonomous smart contract. It is made for purchasing and selling LibreCash tokens for ETH. I said about it because as a rule I use ETH. In any place, any case, any situation..  So, this implementation made my life easier. I understand, that a lot of platform is ETH, but appreciate this one, because I like the platform of LibreCash.
member
Activity: 406
Merit: 11
I have found this platform and have took a look on it. Most of all I liked the things, that LibreCash they have implemented. There were a lot of points, but I want to tell you about its token. This token is based on the version of ERC20. Also, as I remember, it has additional emission, destruction, and transfer of authority. So, all needed and interesting
member
Activity: 406
Merit: 10
Hello, guys. I want to ask about now a regular for me LibreBank, but about LibreBank Reserve Share. As much as I got, it is also called as LBRS.. So, what is it? What is the reason of this creation and the activity also? Is it something special for the platform? I am asking, because the abbreviation attracted my attention!
I know, that it is a special token meant to manage the DAO. It is a share of all LibreBank assets, considering the primary LibreCash provision of liquidity liabilities. LBRS owners accept the capitalization of reserve volatility risks, value growth potential, and fund profit. I would like to add, that they also have a voice in DAO management based on their stakes
member
Activity: 406
Merit: 10
Hello, guys. I want to ask about now a regular for me LibreBank, but about LibreBank Reserve Share. As much as I got, it is also called as LBRS.. So, what is it? What is the reason of this creation and the activity also? Is it something special for the platform? I am asking, because the abbreviation attracted my attention!
newbie
Activity: 308
Merit: 0
I would like to Find out any information about The LibreBank.. And also I want to get the connection of this element with DAO.. Does it supply anything? If it is so, I would like to get the all possible reasons of it.  I Found this platform and I am studying it right now, that’s why I am asking for any help!
LibreBank is a DAO meant to supply the liquidity of LibreCash. Also it is done with a good reason – to ensure the financial privacy of the users. LibreBank takes care of the several important opints and elements of this platform. I think that the team worked hard on the project and its idea/ I do wish them to develop in their industry..
So, what about does LibreBank takes care? Does it control the LibreCash? How does it made? Also, another question, or how to say it right.. mabe it is a reques of information.. Anyway – what is the other role of LibreBank? U guess, that if it is a bank, it must be a storage for something.. Am I right, or no? I am really interested in it
LibreBank cares about the LibreCash emission and destruction control. Also it is an asset storage in the reserve fund and access to the backing check. So you was right about the storage. A bank keeps anything in any case.. It is a regular definition of the bank! Even if it works in the industry of crypto currencies!
I would like to add about formation of the investment funds of all earnings, as well as effective management and replenishment to improve the system’s stability. So, the team do all their best to develop a platform! And, the other technical, commercial, and legal concerns for the system’s development is done also.
member
Activity: 406
Merit: 10
I would like to Find out any information about The LibreBank.. And also I want to get the connection of this element with DAO.. Does it supply anything? If it is so, I would like to get the all possible reasons of it.  I Found this platform and I am studying it right now, that’s why I am asking for any help!
LibreBank is a DAO meant to supply the liquidity of LibreCash. Also it is done with a good reason – to ensure the financial privacy of the users. LibreBank takes care of the several important opints and elements of this platform. I think that the team worked hard on the project and its idea/ I do wish them to develop in their industry..
So, what about does LibreBank takes care? Does it control the LibreCash? How does it made? Also, another question, or how to say it right.. mabe it is a reques of information.. Anyway – what is the other role of LibreBank? U guess, that if it is a bank, it must be a storage for something.. Am I right, or no? I am really interested in it
LibreBank cares about the LibreCash emission and destruction control. Also it is an asset storage in the reserve fund and access to the backing check. So you was right about the storage. A bank keeps anything in any case.. It is a regular definition of the bank! Even if it works in the industry of crypto currencies!
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