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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

Ethereum Active Addresses Hit New Record High

Ethereum Active Addresses Hit New Record High

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Recent data indicates that the Ethereum network has achieved a new all-time high in its 30-day moving average of Active Addresses, suggesting a surge in user activity.
user avatar

Kenji Takahashi

Ethereum Spot ETFs Face Negative Netflow Trend

Ethereum Spot ETFs Face Negative Netflow Trend

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Ethereum spot exchange-traded funds (ETFs) have experienced a shift in netflow trends, moving back to negative after an earlier positive streak.
user avatar

Diego Alvarez

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest
Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.
user avatar

Maria Fernandez

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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