Linear Finance is a cross-chain compatible, delta-one asset protocol designed for trading a variety of liquid assets, whilst also providing opportunities to earn rewards via staking. Users bring the LINA token to the Builder dApp where they can stake it as collateral to be credited with LUSD, our stable coin. Users can then trade LUSD into a variety of Liquid Assets on our exchange. Users are required to manage their P-Ratio (collateralisation ratio) in order to be eligible for staking rewards, and to avoid liquidation.
Linear also provides a bridge from ETH to BSC and back, a Debt Terminator where users can seek and liquidate other users who have fallen below the required P-Ratio, and also has a DAO to aid in decision making for the protocol.
More recently the team have launched the Linear Marketplace, designed to cater to both Token traders and Vesting Allocation trading (via NFT Key), the Linear Marketplace offers solutions for seamless and secure peer-to-peer transactions
The LINA token is a cross-chain ERC/BSC-20 token originally built on the Ethereum network, whose main purpose is as collateral for Liquids (using Builder) and for community governance via the DAO.
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Project Name: Linear Finance
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Token Symbol: LINA
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Asset Pair: LINA/USDT