Project Spotlight: Linear Finance (LINA) Linear Finance is a relatively young and up-and-coming DeFi project that seeks to solve some of the main issues other DeFi projects experience, i.e., high transaction fees, slow transactions, etc. Introduction Linear Finance (LINA) is a non-custodial, cross-chain compatible, delta-one asset protocol built on Ethereum. The team stresses the importance of having a delta-one asset protocol because it gives the user a one-to-one relationship with an underlying asset in regards to price movement. Its native token is LINA, which is a governance token that allows users to interact with the different services the project provides. With the implementation of a delta-one asset protocol, traders get the true value of the underlying asset because of the “one-to-one” relationship to the price movement. Delta-one products are derivatives with no options contracts. In other words, any move in the price of an asset would subsequently have an identical move in the price of the derivative (synthetic assets in this case). The project’s long-term vision is to increase inclusiveness and democratize access to investment assets (both digital and traditional) without slippage and settlement time. Most importantly, the foundation of their protocol lies in their collateralized debt pool. The debt pool is currently backed by the Linear Token ($LINA). However, Linear plans to expand to other real-world assets. For reference, the users provide the collateralized assets to the debt pool to build Linear USD, which, in turn, can be used to purchase the synthetic assets on their exchange. Linear Finance provides services for: Staking Exchange to buy/sell synthetic assets Cross-chain swap functionality Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #linearcoin #lina #linatokens #linear #nftcoin #nfts #nftcollectors #nftcommunity #nftcoins #nft https://www.instagram.com/p/CNPZzxPg159/?igshid=8ftoozlevmjf
