What is Libre?
Libre is Freedom. Libre is a New Blockchain that BUILDS BRIDGES to make things fast, secure, scalable, and easy-to-use. No Tolls or Fees. No gatekeepers.
Libre is completely Decentralized, Fair Launched, and the Eco-Friendliest Blockchain with the lowest energy usage per daily transaction max.
Libre project was conceived and launched in El Salvador in 2021.

Why is Libre a new sidechain focused on powering adoption?
Bitcoin, Tether, and Ordinals on Libre are fast, programmable, and actually easy to use.
Libre features simple usernames, simple user interfaces and simple inter-chain connectivity to make Bitcoin and Tether accessible to anyone, anywhere.
Libre is a delegated-proof-of-stake blockchain, with non-custodial wrapping (pegged) assets provided by pNetwork, and simple on-and-off ramps to Bitcoin using the Lightning Network. It's completely decentralized, with no central point of failure. There are daily audits you can find on the DeFi dashboard.
Libre also features the first wrapped ordinals - there is a new BRC20 marketplace which just launched in "experimental mode." Ordinals can be sent in and out of Libre to any Bitcoin wallet without permission.
Libre is a collective effort. It combines technologies built by a collective of developers and Bitcoin-enthusiasts from the USA, Italy, UK, Costa Rica, Argentina, Georgia, Lithuania, and Serbia. It also has nodes all around the world.
Libre is the easiest blockchain to use and build on - accounts are free and you do not need to acquire tokens to use Libre. The speed, reliability, and cost of transactions is equal to the utility that people around the world have previously only been able to enjoy when using centralized applications - now Libre chain provides that level of functionality.
With Libre, users have the freedom to transact, trade, build, earn and self-govern. The etymology of the name Libre comes from the latin liber meaning "free, unrestricted." 

Libre was designed to be able to start using in just a few seconds. Just download a wallet (make sure to backup your seed phrase so you don't lose any funds) and create an account, then try out using one of the Libre applications.

Why is Libre unique?
Libre's solves the "Trilemma" of blockchains - it is a "Trifecta" - scalable, decentralized, and secure. It is also very easy to use due to having simple usernames instead of addresses and no transaction fees.

Who is behind Libre?
Libre was designed and built by several groups working together.
Edenia - smart contract development team out (Costa Rica)
Bizan Bizz, SA - backend and frontend development team (Panama / Europe / US)
Various other contributors around the world.
There are no LIBRE coins allocated to team, investors, or funds. The LIBRE token distribution starts with an airdrop and block mining rewards that are paid to the elected validators for each block processed. LIBRE holders can engage in governance through the Decentralized Autonomous Organization (DAO) and through the validator elections.

What problems is Libre solving?
Scaling Bitcoin by making transactions fast and free within our 2nd Layer (Sidechain).
Making Ordinals Fast, Easy and Programmable.
Creating Easy-to-Use Products that are intuitive and easily adoptable. 

What are the founding principles of Libre?
Libre is about Freedom
Libre Builds Bridges
Libre is the fastest and easiest way to transfer wealth worldwide, at no cost
Libre was built with the end user (you) in mind
Libre follows the principles of self sovereignty, transparency, and decentralization
Libre knows that the faster and easier transactions are made with safety and security, the faster we can build a better world.
Libre was founded on fairness and transparency, mirroring how we think communities should be run
Libre is focused on easy and thorough adoption, inclusive to all
Libre believes education will foster wide scale acceptability and adoption of this superior decentralized system
Libre supports and amplifies the Bitcoin Blockchain by making it scalable, free and fast

LIBRE coin
History and Distribution
Libre mainnet was launched on July 4, 2022. Initially, there were 10 validators which have grown to 21+ by Oct 2022 and 27+ by Jan 2023. Validators each earn 4 LIBRE per block that they produce. A block is mined every 0.5 seconds. Validators rotate through production every 12 seconds. There is a halvening every 6 months for the block rewards (total of 2 halvenings). Approximately 113M LIBRE will be owned by validators by Dec 15, 2022 and 90% of it will be staked for an average of 264 days. The supply of LIBRE is always 100% transparent and visible on-chain.
10M LIBRE was allocated to an airdrop that began July 13, 2022 - as of Jan, 2023 only ~277,000 LIBRE have been claimed. The airdrop will conclude on Jan 25, 2022 and the remaining tokens will be allocated to the DAO treasury controlled by all token holders.
On December 15, 2022 the Mint Rush began accepting contributions. There was 200M LIBRE available to mint. At the end of the Mint Rush, a matching amount of 200M LIBRE was placed into the AMM liquidity pool (swap.libre) together with all of the BTC contributed to the Mint Rush.
The Mint Rush staking yields are as much as 3x higher than existing staking yields for validators.
Participants on Day 0 of Mint Rush can earn up to 400% APY vs current yields of 130% (approx staking return for LIBRE staking on Dec 15, 2022). This will result in much higher tokens at the end of the staking periods for the Mint Rush participants as a category. If these are re-staked, the Mint Rush participants will be in majority voting control of the chain.
As of Jan 2023, there is no account with more than 9% of the supply based on the current stakes ending in the next 4 years.
The active supply and market cap can be viewed on the Defi Dashboard.

How to get the LIBRE coin?
LIBRE trades on the decentralized Libre Swap - you can send in some Bitcoin into Bitcoin Libre and go to https://defi.libre.org/swap to trade for LIBRE.

Libre

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