Frequently Asked Questions
1 – How does the Rebase work?
1’ – The Rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Libero uses a Positive Rebase formula which increases the $LIBERO supply of each holder.
2 – How to Stake?
2’ – Libero has created an innovative AutoStaking token which provides users a simpler way to receive staking rewards. Simply hold $LIBERO in your wallet and you will automatically receive staking rewards.
3 - How do I get my Rebase rewards?
3’ – The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $LIBERO in your wallet.
4 – Where can I buy $LIBERO tokens?
4’ – The $LIBERO token is available on PancakeSwap. 5 – What is the slippage for the trade?
5’ – There are two different Slippages which can be used for trading $LIBERO:
1 | When you wish to buy, you will need to put the slippage at least at 18%.
2 | When you wish to sell, you will need to put the slippage at least at 41%.
You might need to add higher slippage during times when there are lots of buys and sells of LIBERO but you should only ever incur the same buy and sell fees as mentioned above.
6 – Is there a Max Supply of $LIBERO?
6’ $LIBERO is a token with elastic supply and there are no standards for its quantity. $LIBERO does not have a Maximum Supply.
7 – When does the Rebase occur?
7’ – The Rebase occurs every 30 minutes and it distribute 0.02104% of the circulating supply as S7’ – The Rebase occurs every 30 minutes and it distributes 0.02104% of the tokens in your wallet as staking rewards to $LIBERO holders. In order to track the next Rebase, a holder can check the timer on the Libero staking dashboard.
8 - How does LIBERO control inflation?
8' - Libero is a token with an elastic supply that is controlled by a series of algorithms and elements. The goal is to always create a rising floor for the token. We use buy and sell fees as a key component for the token price and rewards.
The fees ensure a backing value of the token which helps sustain the price of LIBERO. The scenario is: When LIBERO trades below its backed liquidity the LIBERO Protocol buys-back and burns LIBERO, decreasing supply. This allows the LIBERO token to achieve a stable floating value while never falling below the value of its backed liquidity. LIBERO uses our Liquidity as the backing asset.
In addition, we also have Auto Hyper Burn program, which reduces the number of coins in circulation and causes the value of the coin to increase. Every week, ~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.
9 - Are devs doxxed?
9' - The team is composed by pseudo-anonymous developers, marketing strategist and DeFi analysts. All the members are located in different European and Asian demographic zones.