Libero peaked my interest, and given the APY, a $100 investment would be over a million in a year. I'm willing to take that risk!
And with the recent launch of xLibero, I am hooked and am seeing the benefits already.
I've held Libero for under 2 weeks and have experienced the magic of compounding already. Didn't expect it to go so fast!
There are a couple of aspects to Libero that they describe as:
The auto-compounding of Libero, at 2,02% per day, is a very interesting dynamics, as it provides some different strategies to benefit from it. The strategies depend on your own personal situation.
What Libero recommends as one strategy is:
My strategy is to hold Libero, transfer 15% (equivalent to holding Libero for 1 week) to xLibero. Using xLibero, I will receive BUSD and 1% Libero. That way I can slowly extract value, while also staying invested in Libero.
Like I said, if you have $100 or $10 lying around, try Libero out. It might provide you Financial Freedom!