The Community Has Chosen to Migrate Libero to Libera! 🎉

Dear valued Libero users,

We are thrilled to announce the outcome of the voting process regarding the next steps for Libero. After careful consideration by the community over the course of one month, Option 3, which involves migrating Libero to Libera, has been selected as the preferred direction.

Check out the details of the vote here: https://snapshot.org/#/liberofinancial.eth/proposal/0x45021efc008f4821a4de559f449f0b9f118127b37b7760c5dadc3da6313f312d

The migration to Libera brings exciting opportunities and enhanced benefits for all Libero token holders. As we transition to Libera, we embark on a journey that offers a clear model for success. Libera, now going multichain, will transform into a high APR farming token with a 1% burn on every transaction. This innovative approach opens up new avenues for earning significant returns.

With a substantial liquidity pool of $2.18 million on a $20.5 million market cap, Libera provides a solid price floor and stability. Even during recent market fluctuations, Libera has demonstrated resilience, experiencing only a modest decrease in price. This strength enables Libera holders to earn more passive income from transaction taxes.

By migrating from Libero to Libera, you will enjoy a more stable price and increased passive income generated by the larger volume of Libera transactions. Unlike a new token KOL conversion, the conversion from Libero to Libera will be conducted at an equivalent value WITHOUT any tax implications. Furthermore, Libero Bank will seamlessly transition to Libera Bank, ensuring a smooth experience for all token holders.

We want to express our gratitude to every community member who participated in the voting process. Your voice and input truly matter to us. We remain committed to building a thriving ecosystem that aligns with the collective interests and preferences of our dedicated community.

The migration process will now commence, and Libero liquidity will be seamlessly integrated into Libera’s ecosystem. Rest assured, this migration will have no adverse impact on the $Libera price.

We invite you to stay tuned for further updates and developments as we embark on this exciting journey together. Your continued support and engagement are invaluable as we navigate the path towards a prosperous future.

Thank you once again for your unwavering support, and we look forward to the new opportunities and growth that Libera will bring to each and every one of you.

The Libero team