Libero (libero.financial) bills itself as offering the world’s highest fixed APY – a staggering 158,893.59%, or 2.02% each 24 hours. This is an incredible return of investment. It almost sounds too good to be true. And in the crazy world of Crypto, it so often is. But Libero looks to be a sustainable project that can truly offer financial freedom, provided you have the ability to HODL (hold on for dear life).
Albert Einstein once said, “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it”.
“Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it”.Albert Einstein
Launched at the beginning of March and with 68,000 plus holders already, Investing in Libero comes with heavy taxes. 18% buy taxes and 25% sell taxes. So when you buy Libero, you’ll need to wait a few days for your compounded interest to kick in before you break even, but after only 14 days your Libero auto-compounds to 132.67% of your initial capital (provided the price remains constant or goes up).
How is Libero sustainable as a project?
The buy and sell taxes that make you think twice about investing are what makes Libero sustainable. 5% of the buy and 10% of the sales fees are directed to the RFV fund which helps sustain and back the Staking Rewards provided by the Positive Rebase. RFV fund has been bridged to multichain farming to increase exponentially ~50% a year to further support price. With their Hyper burn program, 2-4% of total circulating supply is automatically burned every week, so LIBERO’s total supply will constantly be deflating against your balance, while your balance is constantly increasing against LIBERO’s total supply. Libero’s locking facility, named Libero Bank, which is aimed mostly for whales, allows you to lock your tokens in exchange for Libero and BUSD for as long as 4 years, decreasing the inflation, increasing the bottom line, and ultimately meaning that whales will not sell their LIibero, unless they forfeit 90% which is shared back amongst those that have locked. 3.1 million dollars is already locked!
Libero also just got audited CertiK who are a security blockchain that performs cryptographic audits. The company is an industry leader by pioneering the use of cutting-edge Formal Verification technology on smart contracts, blockchain protocols, wallets and DApps. Libero have become the first APR token to achieve success in an audit of this nature.
3 Steps to Financial Freedom
Buy Libero. Hold for 14 days and watch your investment auto-compound to 132% of your initial capital and 3) from day 15 : begin cashing out 1% of Libero whilst your pot still continues to grow. For example, with $20,000 of Libero, you could already withdraw $200 a day and still watch your remaining pot increase each day. This suggestion by the team is yet another way of making the project sustainable, as sells are as important to the project as buys.
The Libero website has handy calculators to show you your potential returns and you can connect your wallet to keep track of rewards, lock your tokens and much much more.
Libero is on the Binance Smart Chain and can be purchased through Pancakswap or via other means on their website.
Find out more at their website here
As always, DYOR and NFA…