Details about Libra Credit cryptocurrency
€325,069 ( 1.26315%)
€5,691
1,000,000,000
675,000,000
17.138
Unknown
3744700x
€1803.6
Libra Credit price charts
LBA exchanges
Libra Credit, the crypto
Libra Credit (LBA) is a decentralized lending platform that uses blockchain technology to offer instant fiat loans backed by cryptocurrency collateral. It aims to make credit more accessible and affordable for borrowers, while offering competitive risk-adjusted returns for lenders.
The point
The main point of Libra Credit (LBA) is to provide a decentralized lending platform that can bridge the gap between cryptocurrency and fiat worlds. It strives to offer borrowers the ability to access instant credit using their digital assets, regardless of their credit history, while offering lenders a new asset class with potential for high returns.
The problem
Libra Credit (LBA) tries to solve the problem of a lack of access to affordable credit, particularly for those who do not have a traditional credit history or are underserved by traditional banking institutions. It also provides an alternative for cryptocurrency investors who are looking for a way to earn returns on their assets while holding them.
Compare LBA and BTC performance
| Timeframe | LBA | BTC |
|---|---|---|
| 1h change | 0.523035 % | -0.579702 % |
| 24h change | 1.17 % | -1.11434 % |
| 7 day change | 24.47 % | 4.67647 % |
| 14 day change | 6.92 % | -2.83858 % |
| 30 day change | -2.21 % | 1.48606 % |
| 200 day change | 95.41 % | 133.998 % |
| Year change | 33.64 % | 146.97 % |