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The Lab Finance (LABO) logo

The Lab Finance (LABO)

Total Users
2
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$36,572
Category
- No data available.
Blockchain
Bnb-chain
Language
- No data available.
Official links
Website
Social media

News

Stablecoin Growth on Solana Enhances DeFi and Payment Applications

Stablecoin Growth on Solana Enhances DeFi and Payment Applications

chest
The growth of stablecoins on Solana is expected to enhance DeFi lending markets and payment applications.
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Mohamed Farouk

Importance of Validator Voting in XRPL Governance

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Validator voting is crucial for determining the activation of proposed amendments in the XRP Ledger, impacting long-term network development.
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Tenzin Dorje

XRP Ledger Approaches Key Validator Voting Window

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The XRP Ledger is approaching a critical deadline for validator voting on proposed protocol amendments that could influence future network features.
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Aisha Farooq

What is The Lab Finance (LABO)?

## What is The Lab Finance?

The Lab Finance (LABO) is a community-centered farming solution with governance and profit-generating NFT’s, with a timelock contract. The supply is constantly rising as new tokens are getting minted and distributed as rewards. It launched on the 1st of April of 2021.

### Farming & Pools

The Lab Finance offers at launch 11 pools and 11 farms that generate yield returns paid with LABO. The options to stake in the platform include popular tokens and LP tokens. The APY earned staking LP tokens is higher than staking single asset token as liquidity providers are facing the risk of impermanent loss. Once NFT model goes live, the farming protocol will share the deposit and minting fees among the holders.

### NFT Profit-Generation Model

Through our NFT model, 50 holders will be accumulating 3% of the deposit fees and 60% of the developer minting fees. This unique mechanism will increase the decentralization of the platform, giving the opportunity to more holders to receive additional rewards.

### Security & Audit

The platform has been audited by the Solid Group, official Unicrypt auditing partners. Masterchef contract has as well a 24-hour timelock which increases the security of the platform

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