AMA with Travladd

Benson, [Mar 4, 2022 at 11:00:23]: TIME TO WELCOME LIBERO TO OUR WRITTEN AMA TODAY!
We are going to get everything set up and then ready to start getting to know Libero better 🚀
Is everyone ready!?
Welcome @lionheart1979 to AMA Central! Excited to have you around.
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:05:42]: Thank you, great to be here today with the well respected Travladd community!
Benson, [Mar 4, 2022 at 11:06:40]: What a project you guys have built, so many things to talk about today, let’s start this off with a complete team introduction!

Q1: Could you tell us about the team’s professional background and your experience in crypto?

Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:07:14]: Yes, let me introduce myself a little bit.
About myself, my name is Libero Leo, and I am the Lead dev of LIBERO Financial, I am a 20 years experienced developer and I have been working on crypto for around 4 years. I also have experience in Management and Advertising because I used to be in a management role for a big software company. I am also a friend of Zeus Thunder, the founder of THOREUM.capital, and thanks to his encouragement I started to develop my own crypto project. That's a little background on me and my involvement.
Libero team has 6 members, we are a diverse group of highly skilled developers, security experts, viral marketers, and professional yield farmers having profound experience in defi & farming. We have been analyzing all the successful products in the Defi space and want to bring a breakthrough product to the market. Our team has exhaustively studied what causes projects in the DeFi space to implode. We have subsequently implemented redundancies and safety measures in both the contracts and the tokenomics to prevent attack vectors, single-source oracle exploits, possible minting & rug codes and other issues that could potentially stop a project in its tracks.
Our competent team has the knowledge, drive, and aptitude, capable of scaling Libero to the moon, and beyond. From deep knowledge of farming & defi, to unparalleled viral marketing execution, and robust influencer connections with fail-safe digital marketing strategies, the team at Libero is on a mission to make Libero the game changer in crypto space, opening up a new era of Defi 3.0 & beyond.
Benson, [Mar 4, 2022 at 11:11:33]: That is outstanding
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:13:04]: Thank you. Backing us through the rain or shine is our strategic partner & investor Thoreum.capital, who has very strong financial as well as user base support, they have a famous community of diamond hands investors (64,404++ holders) & strong local communities worldwide (16 local groups & 300,000 members in total). We have a direct advisory board composed of core members of Thoreum.capital. That's a short introduction about us.
Benson, [Mar 4, 2022 at 11:14:08]: Insane build up and outstanding team behind Libero. This is exactly why we always say we bring you the best of the best at @AMA_Central. Moving on to the next question now Leo.
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:14:47]: yes please
Benson, [Mar 4, 2022 at 11:14:47]:

Q2: What is Libero and how does it make this space better?

Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:16:58]: We have been working days and nights and thoroughly analyze hundreds of Defi project, why they fail and why they success, and we come up with a simple conclusion: we need to build a project with very simple concept for the mass to understand but also it need to have an underlying mechanism that can bring financial freedom to its holders sustainably. So Libero in Italian is Freedom, And we think of the Statue of Liberty, combine together we have Libero = Financial Freedom and the Logo you see now!
We are inspired by 2 great men: Warren Buffet & Albert Einstein. You may wonder what's the link between a financial guru & a great scientist?
Here's the answer
Buffet says: if you don't find a way to make money while you sleep, you will work until you die.
Benson, [Mar 4, 2022 at 11:19:31]: Top notch explanation Leo. Your ecosystem is outstanding and the way you have built it for sustainability is remarkable.
And Einstein says: Compound interest is the 8th wonder of the world. He who understands it earns it, he who doesn't, pays it
So LIBERO is the answer: We want to bring financial freedom without our holders having to do anything. We are thrilled to launch LIBERO — the first auto staking protocol backed by Defi 3.0 yield farming on BSC. LIBERO will bring an unparalleled, fixed APY of 158,893.59%, the highest of its kind onto the BSC blockchain, while imposing profound ease, simplicity, and accessibility upon all Libero token holders.
Benson, [Mar 4, 2022 at 11:20:49]: With this said,

Q3: Any upcoming utilities/news that could impress our community?

Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:20:52]: As a result of the Auto Staking feature empowering the Libero protocol, token holders no longer have to go through numerous processes to attain viable returns and compound their investments. With Libero, individuals simply purchase the token and hold, while the rewards get distributed to them on a continuous basis. This allows for a new segment of actual ‘set and forget’ passive investment strategies to appear on the BSC blockchain.
Benson, [Mar 4, 2022 at 11:21:24]: Power!
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:21:34]: thank you, indeed
Thank you for this question, we are committed to bring more and more utility to LIBERO. As of yesterday, just 1 month from our launch, we've just brought about a new level of LIBERO passive income system: LIBERO Bank.
So, 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 factors such as transaction tax change... You can unlock xLIBERO before time but 90% of your locked LIBERO will go to current xLIBERO holders.
How much can you earn while sleeping at LIBERO BANK? So we just launched this about time yesterday, Just 22 hours after LIBERO BANK launch
🚀Total BUSD Rewarded $53,319.26 USD 🚀Total $LIBERO Rewarded $4,388.94 USD
$BUSD reward is 10.13 times higher than $LIBERO reward, which is 1.02% per day! so BUSD interest is now 10.33% in 1 DAY! Incredible!!! 🤩 *This BUSD interest rate will change depending on total locked amount and $LIBERO trading volume
AND Thanks to our auto compound reward mechanism in LIBERO BANK, 100% of your locked LIBERO will be taken back in the form of BUSD rewards, just after 69 days!
"If you don't find a way to make money while you sleep, you will work until you die" (W.Buffet) So you can let your money work for you in LIBERO BANK! 👉https://libero.financial/libero-bank
And We have $LIBERO BANK AFFILIATE PROGRAM - You can earn up to 10% commision in BUSD + 10% commision in LIBERO with 5 Referral Bonus Levels
Benson, [Mar 4, 2022 at 11:29:28]: Lovely stuff Leo. Extremely impressed to be honest. Let’s keep going! 🚀
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:30:07]: Thank you, we are working hard to introduce more & more feature to make LIBERO really your golden goose
Benson, [Mar 4, 2022 at 11:30:10]:

Q4: What are Libero’s tokenomics and how do they keep the whole business sustainable?

Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:31:00]: Ah, yes, talking about a golden goose, so your question come right on it, how LIBERO keeps its sustainability
  1. 1.
    LIBERO Tokenomics: Libero token is the token with AutoStaking protocol, plus Defi 3.0 Multichain farming to grow buyback fund, delivering exceptional benefits for its holders:
  • 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. LIBERO 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.
  1. 1.
    LIBERO's sustainability mechanism:
1/ Automatic Hyper Burn: Every week, 2 to 4% of the total circulating supply will be burned. This percentage will evolve over the days based on our Automatic Hyper Burn algorithm. The burn calculation will be updated daily according to the number of holders and the tokens held by each.
2/ Multichain farming: Our price floor is supported by multi chain farming profit. We use the buy & sell tax to create the Libero Insurance Treasury fund and the treasury fund to multichain farming. The LIT 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 LIT fund. We aim to deliver ~100% additional returns a year or more to better support LIBERO price floor. We are confident that we can support 100% higher APY than other high APY projects while still being sustainable.
3/ LIBERO Bank: Locking LIBERO with lower LIBERO interest rate in exchange for better BUSD rewards:
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 helps reduce supply and better support LIBERO’s price. LIBERO Bank is an innovative system that no other fixed APY project currently has.
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 —> less supply in the long term and price will be better supported.
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. So you can see LIBERO Bank will help lower selling pressure long term and by virtue make LIBERO more attractive and raise buying pressure. All of this is achieved and this is very important for the project long term.
Like LIBERO Bank, in the future we will bring more mechanisms to help reduce inflation and increase rewards. At LIBERO price is not our concern because eventually with the power of compound everyone will x2, x4, x8, x16 their amount. What we care the most and put most of our effort on is Sustainability Mechanism. And we are striving for it.
Benson, [Mar 4, 2022 at 11:43:57]: Solid answers and great fundamentals. To round this up,

Q5: What is your forecast on Libero in the long run?

Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:44:05]: Done
Before talking about a long run. I would like to show you the effort we will make for marketing this month. I believe that our effort today is the basis for every forecast long run.
Benson, [Mar 4, 2022 at 11:47:41]: Please do
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:48:46]: This month we will have 🔸 Billboard at the Times Tower, the icon of New York, at Times Square on 13 Mar (right where Doge had their banner advertised)
🔸 And 1 week Billboard at 1540 Broadway, Times Square and SpaceX
🔸 In Planning: $LIBERO anonymous virtual crypto card which allows you to trade any goods/services in real life
🔸 In Discussion with Safemoon to cooperate with their exchange & wallet.
And more huge global marketing campaigns are coming!
LIBERO bill board will be here on 13th March
same spot with Doge coin at New York new year Time Square billboard
And 1 week Billboards at 1540 Broadway, Times Square
and SpaceX here
And about LIBERO's Forecast, I think with the current speed of what we do,
  1. 1.
    We will have 150K users at the end of March from 65K users now. And we are targeting 1 million users this year.
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:54:01]: 2. LIBERO Price is adjusting and bottoming to welcome new users, it can be seen that although the price has decreased, users are still increasing very fast daily, about 2000 users a day. I believe after a while the old holders will finish taking profits and the new ones appear, will be big enough then the price will reverse, I believe this is the time.
  1. 1.
    After this bottoming process, with the release of xLIBERO BANK system, 50% of total supply will be locked. Because due to the innovative features of LIBERO BANK, users will feel that LIBERO is a real golden goose, users will be confident and lock more and buy more to increase their shares of rewards in the LIBERO system, thereby increasing the price. And we will see LIBERO set a new ATH of at least $0.02, (so MarketCap will be 200 million). Then we will have new innovations to make LIBERO a stronger ecosystem and we can see a MarketCap of 1 Billion USD this year.
When we achieve all this, LIBERO will bring financial freedom for many of our holders as planned.
Benson, [Mar 4, 2022 at 11:57:51]: Top notch Leo and Libero
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:58:05]: thank you
Benson, [Mar 4, 2022 at 11:58:20]: Not a lot more to say in regards to your professionalism, efforts and growth!
I just wanted to wish you best of luck in your journey to success, and we are expecting to see you around again very soon with updates!
Libero Leo 🗽🗽🗽, [Mar 4, 2022 at 11:59:35]: Thank you for your time, I wish all Travladd members become success & freedom financially.