Should we migrate fLibero to Libera?

Dear fLibero users,

We highly value your feedback and want to hear your thoughts on the future direction of fLibero. We have outlined three options below and would appreciate your input on which path to pursue.

1. Maintain the current status and wait for the right opportunity: This option involves keeping fLibero as it is and patiently waiting for a favorable market condition or opportunity to arise.

2. Migrate from fLibero to Libera: The Libera token has demonstrated its strength and offers a clear model. Libera is now going multichain and transforming into a high APR farming token with a 1% burn on every transaction. This opens up new opportunities for earning significant returns. You can maximize your earnings by auto-compounding your tokens in Libera Vaults or simply hold Libera to benefit from passive income generated by every LIBERA transaction (at Libera Bank on BNB chain and in your wallet on the other chains)

With a substantial liquidity pool of $3.17 million on a $22 million market cap, Libera provides a solid price floor and stability. Even when faced with a recent sell-off, the price only experienced a modest decrease. This resilience enables Libera holders to earn more passive income from transaction taxes.

By migrating from fLibero to Libera, you will enjoy a more stable price and increased passive income from the larger volume of Libera transactions. The conversion from fLibero to Libera will be conducted at an equivalent value WITHOUT any tax implications. Additionally, fLibero Bank will also be converted to Libera Bank, ensuring a seamless transition for all holders.

If the vote passes, fLibero liquidity will also migrate to Libera’s, and the $Libera price will not be affected.

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To ensure fairness, we will conduct a voting process over 20 days based on your xfLibero holdings, where 1 xfLibero equals 1 vote. This allows all long-term holders, including those who may not frequently access our channels, an opportunity to be aware of this announcement and participate in the vote.

Your opinion is crucial to us, and we eagerly await your preference. Please take the time to vote and share any additional thoughts or suggestions you may have on our Telegram Group.

Thank you for your unwavering support.

Best regards, The fLibero Team