Libra Investment Token: Crazy ROI

Written by josef.tetek | Published 2019/07/29
Tech Story Tags: facebook | libra | libra-investment-token | stablecoin | infographics | topmonks | roi | latest-tech-stories

TLDR Holders of Libra coin probably won't face any bigger risk than holding cash. But there is money to be made on Libra - the second digital asset introduced - Libra Investment Token. These tokens will produce dividends for the holders; dividends generated by the yield of assets held in the Reserve. The whole Libra Reserve is set up as an investment vehicle where only the managers capture the yield. In order to become part of the Libra Association, applicants have to buy at least $10M of the token. In short, if the market cap of the coin touches Bitcoin, holders of the investment tokens will have a cool 100%+ yearly dividend.via the TL;DR App

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Written by josef.tetek | Bitcoin & Ethereum analyst at TopMonks Blockchain Studio (https://blockchain.topmonks.com).
Published by HackerNoon on 2019/07/29