A Chain Built for Bitcoin DeFi

Libre is a new blockchain that makes Bitcoin faster, cheaper, and more programmable for users and developers of all levels. Most importantly - it actually works.

Build on Bitcoin

Libre is Bitcoin-first DeFi.
No EVM.
No Metamask required.

Enhanced Scalability

Libre is focused on scaling Bitcoin by making it fast, usable, and enabling smart contract capabilities.

Other L2s

Libre

Require network token to use

No token required

Custom programming languages

Build in Typescript + other top languages

Must KYC to get network token

Onboard in seconds w/ BTC

Complex hashes

Human-readable usernames

Premine by VCs

Completely fair launch

10-100 transactions per second

4000+ transactions per second

Gas / transaction fees

Zero transaction fees

Exchange needed to onboard

100% on-chain swap

480k+

Accounts

0.5s

Transaction Speed

1000x

Faster than Bitcoin

46

Distributed Nodes

Designed For End Users

Libre is designed with a usability-first approach to make it easy to build apps that are simple for end users. It solves the scaling issues of Bitcoin and Tether with a secure, decentralized protocol - Libre is freedom for your financial app infrastructure.

Frictionless Bitcoin

Bitcoin (BTC) is a savings account. Over 200 Million people worldwide use BTC. It's accepted in over 30,000 ATMs and on hundreds of exchanges. It works in every country.

Libre uses pegged bitcoin powered by decentralized p.network bridges, and makes it instantaneous and free to send. It also integrates seamlessly with the Lightning network, making it extremely easy to go from any Lightning wallet to Libre and back. Unrivaled compatibility.

Ultrafast Tether

Tether (USDT) is your digital cash or checking account. For payments, and as a stable store of value, Tether is the number one stablecoin in the world today.

Libre provides a simple, open, and trustless exchange between Bitcoin and Tether. Anyone can swap BTC / USDT for the internet's lowest fee (0.1%) - and if you provide liquidity - you will earn from the accumulation of trading fees on the AMM. Stake and unstake any time.

Libre DAO

LIBRE stakers can create or vote on proposals in the DAO.

Frequently asked questions

What is the LIBRE coin?

LIBRE is the native coin that enables the Libre Chain to function.

Network participants can stake LIBRE enact governance, receive them as mining rewards, and earn them for providing liquidity. Specifically, LIBRE serves three functions:

Governance - voting in Libre DAO to govern the AMM and chain protocol settings.

Validator Elections - each wallet can choose 1 validator, votes decay over time so as your staking period nears its end, your voting power will weaken.

Staking - staking LIBRE for governance pays a yield which is higher the earlier you stake and the longer you stake.

Learn more about the LIBRE coin >

What is the LIBRE AMM liquidity pool?

The initial liquidity pool will be on LIBRE in the swap.libre AMM contract and it will be LIBRE/BTC - 100% of the BTC raised in the mint rush will go to the AMM. This AMM liquidity pool is proportionately owned by accounts that provide liquidity. Those accounts can earn fees from trades, earn liquidity farming rewards, and vote on the swap fee rate for each pool.

Try the swap >

Who holds the most LIBRE?

LIBRE was distributed widely and fairly through the Mint Rush. The circulating supply of LIBRE can be found on the DeFi Dashboard. We took inspiration from the “fair launch” concept described by Hasu and Arjun Balaji in their Medium article. The DAO page of the dashboard has a leaderboard that shows which accounts have the most voting weight. A rich list is being added to the explorer that will include staked and liquid tokens.

See a distribution chart >

Does LIBRE need the Bitcoin Libre app?

LIBRE works with various wallets including Bitcoin Libre, Anchor, and cleos. You can take advantage of the full range of LIBRE features - including staking and ordinals on any of these non-custodial wallets.

Check out wallets >

What is LIBRE staking?

LIBRE yields are based on 2 criteria - the days since launch that you stake, and the length of your stake. Therefore, the earlier you stake and the longer you stake, the higher your yield will be. Just like Bitcoin block rewards decline over time, the yield rate for stakes declines daily.

Read about Staking >

How much LIBRE do validator nodes earn?

Libre validators earn 4 LIBRE per block they mine. This goes down to 2 LIBRE on Jan 4 2023, and then 1 LIBRE on July 5 2023. Blocks are mined every 0.5 second and each of the top 21 validators rotates in every ~2 minutes for 12 blocks. The value of 1 LIBRE will be known on Dec 15, 2022 at the end of the Mint Rush.

Run a Libre Validator Node >

What's the environmental impact of LIBRE?

Libre blockchain is one the most environmentally friendly blockchains in existence, with a scalable blockchain that helps protect the environment.

Full Ecological Impact >