Zebec Partnership with Lira

Published on: 24.11.2022
Zebec Partnership with Lira

Multi-Chain continuous settlement protocol, Zebec, announced its partnership with Lira Financial, a utility token used to purchase goods or services.

Zebec has officially announced its new partnership with Lira Finance, they will be using Zebec for payroll services.

Introduction

Lira works as a decentralized platform that incorporates minting, burning and buyback.

It has been launched on eleven blockchains: the Ethereum Chain, Binance Smart Chain, Cronos Chain, Polygon Chain, Avalanche C-Chain, Fantom Chain, Solana Chain, Tron Chain, Waves Chain, Terra 2.0 and Terra Classic Chain. Its primary goal is to reward long-term holders.

The circulating supply and minting of tokens will be limited to encourage healthy and natural price maintenance.

Una tantum burns are also planned. Since there are no exchange or transaction rates, the user is encouraged to trade the token and keep it in the pools of the various DEXs to earn trading fees.

Lira was launched in June 2022 and it has raised so far, making it one of the fastest-growing cryptos in the industry.

Lira Financial aims to solve previous cryptocurrencies’ problems, such as mining rewards, farming rewards, and liquidity provisioning. Mining equipment can be both expensive and harmful to the environment, but mining remains appealing due to the opportunities it provides. They propose allowing users to participate in DEX Liquidity Pools as an easy alternative to mining rewards.

Another issue is facilitating and maintaining liquidity on decentralized exchanges. Decentralized exchanges require liquidity for user participation by definition, so it is the developers’ responsibility to provide it. Historically, developers devised incentives to encourage

Users are required to provide liquidity, which may be outweighed by risk due to the subjectivity of impermanent loss. As a solution, we propose using reserve funds to capture liquidity for use on future transactions.

About Zebec

Zebec, a revolutionary DeFi technology that empowers real-time, frictionless, and continuous streams of payments.

Website | Twitter

About Lira Financial

Lira is a utility token used to purchase goods or services. Lira Financial aims to solve previous cryptocurrencies’ problems, such as mining rewards, farming rewards, and liquidity provisioning.

Website | Twitter

SOURCE

https://lira.financial/blog/

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