How is the APY Backed?
fLibero APY explained.
fLibero has integrated a solid fLibero Insurance Treasury (FIT) structure which takes advantage of the trading volume fees in order to back the staking rewards (rebase rewards) when the FTM/LIBERO pair supply is worth over 50% of the total supply. Added to that, FIT fund will be bridge to multichain farming with ~100% profit/year and the profit is used to buyback/burn to support fLIBERO price. That's why we are confident that we can support 50% higher APY than TITANO or other high APY projects while still sustainable.
When the daily FIT gains are greater than or equal to all the Holders Daily ROI, this mean that the Swap Threshold can fill the plus-value generated from the Rebase Rewards.
If the daily FIT gains are lower than the Holders Daily ROI, a portion of the Treasury is added to fill the difference.