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Linear Finance ($LINA)
Post Body

A decentralized protocol to create and trade synthetic assets against cryptocurrency, commodities, forex or market indices.

Users can stake their $LINA to generate $LUSD which can be traded against synthetic assets on their exchange platform or it can be traded on other exchanges where it was listed as well. $LUSD has to be burned in order get the staked $LINA back.

The mainnet launch is on 12th Dec.

They have partnered with band protocol for price feeds.

https://linear.finance/

It currently has 3.6m market cap. Protocol fees and a percent of total supply will be distributed to the stakers.

DYOR

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Profile updated: 4 days ago
Posts updated: 8 months ago

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Posted
3 years ago