I'm looking into Lien

I'm currently researching a very interesting but a bit complex project called Lien which essentially, allows anyone to create ETH derivative by minting SBT and LBT Tokens. SBT is an acronym for Solid Bond Token and LBT is Liquid bond token. Almost all the exchange rate risk in terms of the fiat value of Ether is absorbed by LBT which makes SBT stable. This a bit different from the other stable coins because it does not require over collateralization and no manual adjustment of parameters.

The stable coin is a derivative token built on Ethereum. Ideally, the stablecoin should be designed to be completely insensitive to the fluctuation of the USD/ETH exchange rate.

Here are some important highlights about Lien:

> Completely decentralized
> No admins or Keys
> Uses Chain Link Oracle feeds

How do you win, you ask? By simply.. Holding LBT until expired date and hope that the price of ETH increases. I think.. If anyone cares to share thoughts on this, please do.

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BUMP..

Read the description on the website, I give credit for articulating this well.

It doesn't completely ellimante liqudation entirely, just reduces it.

So this is basically crypto options? So what happens if ETH doesnt go up? Same shit as options, meaning they expire worthless?

This is what I'm trying to figure out. Not entirely sure. Waiting for some info from the admins.

Yes I’m confused. Why are there mutiple tokens.

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there are some videos on youtube that the guy does a great job explaining it. I would suggest checking it out.

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guys, it's not that hard. You take eth, deposit it, you get back both LBT & Sbt. LBT has a contract, LBT serves as an abritrage and absorbs any price fluctuation while maintaining the price of SBT stable. IDOL is backed

Only few...

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This project is about be sent ... watch out!

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I thought they said it would take 2-6 months to get everything running again?

this is correct.

The launch was a fail.

Concept sounds great but I don't trust user devs.

regulation is cracking down hard. It's the nature of the space. Lot's of user. Look at the code and verify.

Only FEW!!!

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Pretty much.

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you the type to call anything and everything a scam.. completely baseless.

Dencentralized call options.. So the only thing that can be liqudated is the LBT? if eth significantly dropped.

This could be a game changer. I'm bullish on Lien. People already talking about in private TG. Also, some issues with launching.

Me reading up on this. I don’t comprehend the pages might as well be blanked.

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What about the IDOL tokens. Those are required as well. LBT are backed by IDOL OP.

I was excited about this project until they launched. I'm still watching it.

did'nt this project already mofo's. lol

...

the project has lots of potential. If they're able to execute correctly this is going to the moon baby!

It looks like an audit was done. Nicely, done. I would invest.

Option gainzzz

Brrrrrrrrrrr

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Wtf is this?

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pleb.. Reading is fundamental.