Liebi Pool - IOST logo

Liebi Pool - IOST

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What is Liebi Pool - IOST?

Liebi Pool is the first decentralized finance (DeFi) project on the IOST network. Liebi Pool uses VOST, a token issued by the Liebi team, and has the characteristics of decentralization,automatic dividends and no locking requirements. It also has added support for the IOST blockchain.

Contents:

  1. Getting started with Liebi Pool(LP)
  2. Advantages of LP
  3. Buying a token in the defi app

LP dapp

Getting started with Liebi Pool(LP)

Members of the IOST community can enjoy the streamlined staking service, provided by LP, through several major channels, including TokenPocket, DappReview, DappBirds and DappTotal. LP - a new generation of Proof-of-Stake (PoS) pool, developed by the IOST team and node. It is also the first decentralized finance (DeFi) project on the IOST network. The company uses two currencies:

  • IOST;
  • VOST.

VOST - a token, issued by the Liebi team, has the characteristics of decentralization, automatic dividends and without locking requirements. If you hold VOST, you can immediately start staking and enjoy all benefits of the exchange, such as automatic dividends, compound interest and free transfers. IOST - the first LP-backed token, deployed on the public IOST network.

Advantages of LP

Liebi Pool uses decentralized security features to create transparent assets. You can find the whole story on the blockchain and the open source contract. The company has a number of advantages:

Exchange every second Successfully exchange bets and hold it. You can start exchanging in the next second, earn interest automatically and keep generating interest.
Free transfer The token can be transferred or redeemed for free in a ratio of 1:1. It has no time limits and real-time calculation.
Support The company actively uses the telegram channel. If you have any questions, you can write to them.

The exchange does not have a Whitepaper. Income comes from the Liebi node of the chain. The received money will be distributed to the token storage account.

Buying a token in the defi app

In LP, you must purchase VOST. Pegged 1:1 to IOST, the currency is similar to Proof-of-Stake.

VOST holders can receive dividends from the bet on a second basis. In addition, a smart contract for the VOST exchange has been released on the IOST open source network for transparency.Liebi Pool - IOST

The Liebi team is holding their very first competition. All users are eligible to win a prize pool of 125,000 VOST. On May 29th, LP will take pictures for VOST owners, selected at random at a random time. 10,000 coin holders will share 125,000 VOST in proportion to the amount of currency they hold.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.