3rd AMA: Focus on xLIBERO

🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:05:18]: Hello everyone and welcome to the AMA with Libero Financial ! Today we have @lionheart1979 The lead Dev of Libero joining us to talk about their exciting new project. Great to have you here 😀 Leo.
As you can see in the image, it is nice to see green candles around after every AMA.
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:05:56]: hello Celal, great to be here today with my beloved community
oh, nice picture! I hope we can do the same today
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:06:55]: Wonderful! The AMA will consist of three rounds. We will talk about the first round of the project. Intro will be followed by a second round of Questions in the Google docs form Finally we will have round 3 of Community Questions. There will be a community tour where I will open the room to allow questions to come
Wonderful. So, let's start the AMA ❤️
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:07:41]: yes, let's go
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:07:53]: And write done after each question answer
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:08:24]: Here's Our 1st Question with you

Q1: What's Libero ACHIEVEMENTS since THE LAST AMA?

Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:09:58]: Let me see, we have our last AMA on the 16th, about 9 days from now
Up to now in just 26 days since launch, we have achieved 🚀
🔸 56K+ Holders (Increased 16K+ Holders since our last AMA)
🔸 $50M MarketCap (with peak MC is over $100M)
🔸 $7.3 Million Liquidity
🔸 Volume $1M+ to $5M+ daily
🔸 Total burned $3 Million USD (Next burn will be tomorrow - Feb 26)
🔸 $4 Million USD treasury + LIT accumulated in just 26 days
🔸 $440K xLIBERO BUSD reward fund accumulated in just 8 days
Ranking & Certified
🏆On Coinmarketcap #4 Most viewed 24h #8 Most viewed in the last 7 days #9 Most viewed in the last 30 days #6 Trending in the last 7 days #5 Trending in the last 30 days #6 Most estimated current month #3 Most estimated next month
🏆On Bogged Finance #1 Most viewed #3 Trending
🏆On Dextools: Top 2 Trending Dextools in many days
🏆 TOP 1 Farming-as-a-service #FaaS projects by volume on all blockchains 🎉
🏆 Top 1 projects with the highest social signal on #BSC last 7 days
🏆 Top 5 BSC Dapps by Users on Dappradar.com, increased +637.54% in 24h🚀🎉
Viral Marketing
🔸 Tweeted by 25 celebs, influencers & reviewed by 120 Youtube videos worldwide as x100GEMS in English & 10 other languages
🔸 EXCLUSIVE deal with Btok signed to show CONVERSATION PAGE ADS in 1 week
🔸 1st Airdrop 1 Million LIBERO
🔸 2nd Airdrop 200K LIBERO
🔸 Video contest with PRIZE POOL $3,500 USD
🔸 Buy Contest during AMA PRIZEPOOL 9 BNB
And especially, in the next week or two, we will have
🔸 AMA with Travalad
🔸 Billboard at New York Times Square!
Our LIBERO team never rests! 💪 Join the Revolution!
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:17:18]: Wonderful. Quite successful.
2nd question is coming
But first of all, it is very nice that the holders are moving forward with the least damage in this falling market.
Especially the war period we are in.
It is a very safe harbor as we see that many projects attract liquidity.
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:21:06]:
Yes, I think the war will indeed mark a great time is incoming for Bitcoin and crypto currency
and we can see that it in fact not damage much in the last few days
With sanctions from the U.S. and other nations targeting Russia’s banking system and the possibility of it being excluded from the SWIFT payments network, there may be a pivot to Bitcoin and crypto assets.
The use of Bitcoin and other crypto currency will going up
More people will find crypto is their safe haven. I don't see anything negative long term for BTC and Libero
As you can see, we have large LIBERO sales off in recent days because of the fear of war
But when this is over, people will ask themself what to do: stay outside of crypto OR re-entering it?
I think like the BTC chart above, LIBERO is in a good buy area
ok, let's go to 2nd question

Q2: What is Libero’s concern with FINO DAO, TITANO & other projects?

In the last AMA I already said that TITANO is already a slow project compared to us and in the last 9 days from the pattern of growth it says the same message. if you look at all of the metrics, we grow much faster in terms of holders ( we already surpassed them), our LIT+treasury fund is now 4M in just 26 days compare to their 11M in 100 days, and they still not have any new innovation besides the failed and ineffective PLAY
FINO is a new project, they should have some innovation to leap over us. But if you look at them, they are a failed copy of LIBERO, they copy everything, add nothing new, except a 1% burn every transaction which burns nearly nothing with their low volume and boasting a lot about it. So I don't think FINO has a chance to be anything significant in the next few weeks.
other projects will come for sure, but this is good for us, why?
with their marketing they will increase customers
awareness about fixed APY projects
and finally people tend to choose the best projects in this area,
With our current pace of innovation we will surely be the best one, the final choice of passive income for most people.
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:39:42]: We believe that the Libero will bypass her opponents and come to a better place.
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:40:26]: yes Celal, we LIBERO team are strongly believe in it and striving days & nights to make it happen
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:40:47]: 3rd question is coming
But first I want to talk about the competition
Dear investors
We will have the biggest buy competition during the AMA!
🏆Biggest buy gets 5 BNB 🏆4 random winners get 1 BNB each
  1. 1.
    Must buy $LIBERO in contest period and and hold at least 14 days till 23:59 UTC Mar 11 2022
  2. 2.
    Can buy 1 or many times in contest period
  3. 3.
    Buy at least $100 worth of $LIBERO tokens
  4. 4.
    Send your transaction link to this form https://docs.google.com/forms/d/e/1FAIpQLScE6FnGcDhQknGb7kmldk_pUva8PpvzE8jOuPh1CMBzjycWcQ/viewform
Those who hold the $Libero will win even more
Good luck
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 08:45:46]: Now we can move on to question 3.

Q3: Will the price of libero drop as many people transfer over to xlibero?

Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 08:49:08]: No, on the contrary, xLibero will help libero's price, let me explain to you
1st. The more people lock their libero to xLibero, usually from 1 week to 4 years, the less LIBERO is in circulation —> better support LIBERO price
2nd. The more LIBERO locked, the less new LIBERO is printed. Because when you lock LIBERO to xLIBERO you receive BUSD and about 1.01% LIBERO rewards everyday. If you don't lock your LIBERO you receive 2.04% rewards everyday. So less LIBERO is printed meaning better support price.
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 means better support price.
Now it's time to move on to question 5 💪🏻
Sorry Question 4 :)
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:01:08]: ha ha, no worry
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:01:18]:

Q4: Can you set it up so we can use our usd rewards to buy thoreum, mvc, epichero, or libero tax free

Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:02:22]: Interesting! We just discussed it today with Thoreum team and we have decided that, when user claims their BUSD rewards, they will have 2 choices:
  1. 1.
    Claim to BUSD normally.
  2. 2.
    Or Use that BUSD to buy LIBERO/THOREUM/MVC/EPICHERO tax free
So it will be an incentive to keep the money in the ecosystem, it's a win-win for everyone.
So if you like a token, for example THOREUM, you can let your xLIBERO rewards in BUSD grow
and looking at THOREUM charts
when you see it's a good buying opportunity for THOREUM, instead of claim BUSD and buy THOREUM you will be taxed 13%. You can just click 1 button and the system will buy THOREUM and send to you immediately without paying the tax.
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:07:22]: these are wonderful ideas
Once they learn these ideas, people will find that the libero is a good investment.
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:09:36]: Yes, the same applies for anyone who loves to have more LIBERO without paying tax, they just lock their LIBERO, getting more BUSD rewards and wait for a buying day and use that function!
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:10:20]: So let's move on to question 5.

Q5: I understand locking LIBERO for more amount and more longer makes able to receive much more xLIBERO. Would you explain the scheme/system how the xLIBERO distribution will be accelerated with more locking and more longer terms? ex) Locking for 4 years will receive x20 times than locking 6 months, etc…

Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:14:07]: The locking period will range from 1 week to 4 years, the basic idea is the longer time you lock the higher the number of xLIBERO you will have. You can only keep or increase the lock time, you cannot lower your locktime.
So before you lock your LIBERO you should consider how long you will commit your LIBERO to this function.
you can unlock your xLIBERO to LIBERO before the time end but you can only receive 10% of what you locked, the rest 90% is used to rewards the people remains locking
so you should decide how many percent of your LIBERO will be used to lock for xLIBERO to receive passive income
when you have that number, let's say 30%
you decide how long will you lock your 30% LIBERO for xLIBERO
if you lock 4 years, 1 LIBERO is equal to 1 xLIBERO
if you lock 1 year which is equal to 365 days, 1 LIBERO = 365 / (365*4) = 0.25 xLIBERO
of course if you are not satisfied, you can increase your lock at anytime to receive more xLIBERO
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:23:43]: Yup. In this case, investors should plan well when swap their LIBERO with XLIBERO
Before we move on to the next question, I would like to remind you of our competition for newcomers.
Now we will take our investor questions.
I will open the chat and our investors will write their questions
Then I will grab the chat and you will answer your picks
Are You Ready ?
[Users were asked questions - in total, there were more than 1700+ questions]
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:30:08]: Oh my God :)
You can start with any question you want. @lionheart1979
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:34:36 (Feb 25, 2022 at 09:35:18)]:

Live question no. 1: Could you give us an example of how much BUSD will someone get every day approximately with depositing 500K LIBERO and with a day trading volume of 5M? I believe, this will help in deciding to buy more LIBERO for many of us before xLIBERO is LIVE.

Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:35:23]: thank you for the question
The rewards is depend on 2 factors
1 is daily volume
  1. 1.
    is number of other people's locked xLIBERO
if the daily volume is high but the number of locked xLIBERO is also high
so your own rewards may be not so big
if the daily volume is high and the number of locked xLIBERO is low
so you can have a big shares of the rewards
so it really depends on how other people are playing in the xLIBERO system
So the beautiful of xLIBERO system is it is designed to lock as maximum as possible the LIBERO in circulation
people will try and find the best spot, where the BUSD rewards satisfy their needs
I cannot answer you directly the number, better to wait for xLIBERO launch and try
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:44:15]: We willl wait and see

Live question no. 2: Truly, you've done AMA in many telegram groups, so what next, what other way will you make your project more popular?

So we plan to launch xLIBERO in the next few days
after that we have a booked AMA in Travladd group, they are very well known for bringing a coin to the top
it will be on 2nd of March
around that time
After that, we have a big billboard in Timesquare
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:49:16]: exciting
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:50:37]: that's what I can share until now. We LIBERO team is really fighting days & nights for the success of our project
Friends. Leo is very busy and has to deal with the LIBERO project, which will make us rich.
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:52:55]: Thanks @lionheart1979
Libero Leo 🗽🗽🗽, [Feb 25, 2022 at 09:53:24]: thank you Celal for the great AMA today, thank you everyone in our beloved LIBERO community
🗽🗽🗽Celal 🗽🗽🗽 (Never Dm You First), [Feb 25, 2022 at 09:54:00]: I'm opening the chat guys. AMA is complete.