Linear Finance - a cross-chain compliant, decentralized asset protocol for creating, trading and managing synthetic assets (Liquids). This platform is a faster, cheaper, safer and easier-to-use alternative than other synthetic asset protocols, as well as access to many creative investment assets.
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Description of Linear Finance
The Linear Finance protocol will be backed by its own ERC-20 linear token (LINA). The platform operates on the Ethereum blockchain.
Liquids are backed by a 500% collateral ratio, which can be changed in the future with LinearDAO, a decentralized community management app. LINA members will create debts when creating Liquids and in order to exit the system, they must pay off this obligation by burning Liquids. Why Linear Finance is better:
| Fees | Minimal transaction fees and instant execution at all stages of the protocol. |
| Experience | A flawless experience for all users, whether you are a staker, trader or market maker. |
| Risk | Fairness and transparency of the entire LF trading exchange, reducing systemic risk. |
| Blockchain | Built on Ethereum with cross-chain compatibility to stay connected to the DeFi ecosystem. |
Buildr is part of the Linear application suite. Users can pledge and stake LINA tokens to create USD, the base currency of the linear exchange. In addition to LINA tokens, Linear Buildr will support other forms of collateral soon. Consider including cryptocurrencies (such as bitcoins) and digital assets, which represent ownership of real assets. Stakers are eligible for stake placement and transaction fee sharing. They can then use USD to take on various investment risks. USD can also be moved to other protocols or applications in the DeFi ecosystem.
Additional information
The team works tirelessly to optimize the platform. Full instructions for the custom path will be provided after starting Buildr. If you still have any questions, you can refer to the company's social networks.
There you will read the White paper. Moreover, you can take part in sweepstakes, promotions or just chat with other users to get information.