Libero Financial — Hidden passive income DeFi gem no one is talking about

DeFi continues to blow my mind with passive income opportunities — I recently wrote a short article how I was quickly approaching $500 passive income per day with DRIP, DRIP garden, Titano, and Animal Farm — only to spend the last month scouring the landscape trying to figure out the next big project that wouldn’t include hidden inflation, rugpulls, or bad contracts.

I definitely don’t want to be the guy promoting bad projects on Medium or social media which is why I’ve spent the last month watching “Libero Financial” waiting to see if it was a fad pump-and-dump or legit passive income opportunity. After being in Titano for three months and Libero for over a month, I’m comfortable sharing the opportunity with everyone. Lets get into the details:

What is Libero Financial?

In a nutshell, it’s a fork of the popular Titano finance auto-staking protocol.

To give you a few tidbits about Libero, here’s a couple key bullets from their whitepaper:

• Easy and Safe — We provide auto staking right in your wallet when you purchase $LIBERO. No need to move your tokens to our website. From the minute you buy, you are staked, and set to receive rebase rewards. The easiest auto-staking in DeFi.
• 158,893.59% APY, the highest Fixed APY on all blockchains — APYs that fluctuate means you can never tell how many tokens you will receive. Other DeFi protocols pay out a high APY that can fluctuate by 90% in a day. LAP pays $LIBERO holders a fixed interest rate of 2.04% daily or with compounding 158,893.59% annually, that tops the industry.
• Fast Rebase Rewards every 30 minutes. Other popular staking protocols pay rebasing rewards every 8 hours which means if you want to unstake you have to time it to get maximum rewards. The Libero Auto-staking Protocol pays every 30 minutes or 48 times every day, making it the fastest auto-staking protocol in crypto.
• Price floor supported by Defi 3.0 multichain farming profit: We will use the buy&sell tax to create the Risk Free Value fund and the treasury fund to multichain farming. The RFV funds are bridged to other EVM-compatible blockchains — like Avalanche, Fantom, Solana, Metis, Polygon, etc. to farm at the highest APY farms and the profit returned to the RFV fund. We aim to deliver ~50% additional returns a year or more to better support LIBERO price floor. We are confident that we can support 50% higher APY than other high APY projects while still be sustainable.

Check out the full whitepaper here.

Libero Bank

Fast forwarding to their time-lock staking protocol — Libero Bank — which is the sole reason I jumped into writing this article and wanted to get in front of this passive income opportunity while I see NO ONE talking about it. Before I give you the details on my experience in the protocol — here’s some details on Libero Bank pulled from the whitepaper:

1. What is LIBERO BANK?

• You lock LIBERO (up to 4 years) in LIBERO Bank to receive xLIBERO token as a receipt
• The longer you lock the more xLIBERO you will receive.
• By just holding xLIBERO, everyday you get BUSD reward from 7% LIBERO trading volume, plus 1.02% LIBERO interest (auto-compound to 4,037.2%% APY for you).
• xLIBERO holders will receive other benefit such as multichain-farming profits in the future
• xLIBERO holders can vote in LIBERO DAO governance for important factor such as transaction tax change…
• You can unlock xLIBERO before time but 90% of your locked LIBERO will go to current xLIBERO holders.

2. Why LIBERO Bank is an innovative feature that help the LIBERO system long term?

LIBERO Bank will play a crucial part in keeping LIBERO long term sustainability, why?

1st. The more people lock their Libero to xLibero, usually from 2 week to 4 years, the less LIBERO is in circulation. Price of a token is based on supply/demand. So xLIBERO help reduced supply and better support LIBERO price. LIBERO Bank is an innovative system that no other fixed APY project currently have.

2nd. The more LIBERO locked, the less new LIBERO is printed. Because when you lock LIBERO to xLIBERO you receive BUSD from 7% LIBERO transaction volume and about 1.02% LIBERO rewards everyday compound to 4,037.2% a year. If you don’t lock your LIBERO you will receive 2.04% rewards everyday. So 50% less LIBERO is printed for all locked xLIBERO means less inflation.

3rd. xLIBERO is a way for LIBERO holders to receive BUSD rewards, so they don’t need to sell their LIBERO anymore or they will sell less to realize their profit to BUSD. So less selling pressure means better support price.

4th. You can see that crypto marketing is in the fear period, many people will appreciate their income in BUSD because it’s feeling safe. Rewarding BUSD in this market makes LIBERO more attractive in the eyes of potential buyers, raising buying pressure and lowering selling pressure is achieved and this is very important for project long term.

Read the full whitepaper here.

My experience with Libero Bank

Lets jump right in.

Once inside the platform, you’ll see this area inside the “Libero Bank” tab where you can choose an option for time-locking after you’ve purchase Libero. I chose to drop in around 24,000 libero for four years to see what kind of BUSD/xLIBERO rewards I would generate in less than 24 hours.

Less than 24 hours in — this is what I was looking at: 259 libero and roughly $7 worth of BUSD from a ~$100 investment — crazy returns!. From there — you have the opportunity to claim the rewards or compound back into the protocol TAX FREE! I chose to claim the BUSD and put Libero back into the protocol to make sure it worked and it did.

Be aware that if you choose to unlock your stake before the time-lock is over — you will lose 90% of your initial investment.

My strategy with Libero

I’m keeping my strategy pretty simple and straightforward with Libero — Claim my $BUSD on a daily basis, re-compound all my Libero earned through the bank back into the protocol, and continue to put 50% of the Libero I’m already earning through the auto-staking protocol into the Libero Bank.

Truly enter at your own risk but just like Titano, I think these auto-staking protocols are similar to a lottery ticket if you’re willing to sit on the staking rewards long-term. With Libero Bank specifically, I’m not seeing anyone on social media talk about it currently which is why now would be a great entry point with such a low market cap. Tons of room for growth!

Libero Bank referral!

What good would one of these articles be without a referral at the end?

https://libero.financial/ref=0x6e3F93fE43C88AF7a21167Bd02b95A42c1BF33E5

If you sign up using my referral code I will send you 1000 libero as a thank you! Message me on here or Discord to confirm your referral.

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