Deutsch한국어 日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe
Portfolio TrackerSwapBuy CryptoCryptocurrenciesPricingWalletNewsEarnBlogNFTWidgetsCoinStats MidasDeFi Portfolio TrackerIntegrations24h ReportPress KitAPI Docs

Lybra Finance and Cobo Argus Integration Marks a Major Advance in DeFi Automation

bullish:

0

bearish:

0

partnership

Lybra is becoming a stable and predictable solution for prominent funds and institutional investors in the ever-changing cryptocurrency landscape. EUSD and peUSD, the protocol’s stablecoins, offer a reliable investment with minimal value swings and a predictable and stable nature. They have an approximate 8% annual percentage yield (APY), which is higher than savings accounts and other stablecoins. Lybra constantly optimizes its features to give institutional investors with a great experience, focusing on fund security and eUSD peg stability.

Cobo Enhances Crypto Custody with Lybra Integration

Lybra just integrated with Cobo Argus, a major advance. This connection includes advanced DeFi bots to facilitate eUSD and peUSD asset generation and management for major investment funds. Cobo, a trusted provider of digital asset custody solutions for institutions, brings its innovative omni-custody platform to the partnership. Cobo is a leading institutional crypto player with over 500 institutional clients and a six-year experience of managing transactions over $100 billion.

The Cobo Argus device uses Safe’s multi-signature wallet’s on-chain access controls based on user roles, precise risk management tools, and DeFi strategy and automation bots. These features cater to institutions’ demands, making investing easy.

Customers can now create and hold eUSD and peUSD using advanced vault automation strategies from Cobo Argus and Lybra, reducing liquidation risk. Institutional investors seeking Lybra’s low-risk, high-income solution must note this development.

Lybra Users Secure Investments with Cobo Argus Integration

Understanding collateral ratios on the Lybra protocol is essential to understanding how Cobo Argus and Lybra help institutional customers manage risk. Lybra requires ETH or LST collateral to manufacture eUSD. The collateral ratio is the ratio of collateral asset value to loan value. Due to its higher collateral ratio than value, eUSD users must maintain a 150% collateral ratio to avoid liquidation.

Risk-averse institutions must avoid having to liquidate their holdings rapidly. Cobo Argus is crucial. Cobo Argus’ LBR-stETH leverage bot automatically repays eUSD to keep the collateral ratio at the user’s threshold, preventing liquidation. Users can construct eUSD, set collateral ratios for automated actions, and avoid liquidation. This efficient, low-contact technology meets prominent financial resources’ security needs.

The Lybra protocol needs Cobo Argus to attract institutional liquidity. Secure and totally automated user journeys satisfy large funds’ low-touch tastes. Lybra is closer to making eUSD and peUSD the most popular stablecoins with this combination.

bullish:

0

bearish:

0

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.