#linearcoin

[cryptofighter94]

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

[cryptofighter94]

LINEAR ANALYSIS LINA/USDT Linear's LINA token zoomed higher today following its listing on the Binance Innovation Zone. Built on the Binance Smart Chain, Linear protocol is a cross-chain compatible decentralized synthetic asset protocol, claiming to offer traders faster transactions at much lesser fees than its competitors on the Ethereum network. Due to its cross-chain compatible nature, users can access both the BSC and ETH decentralized finance ecosystems and Linear has also partnered with Moonbeam for future Polkadot integration. On March 10, Linear launched synthetic versions of the Xangle Large Cap Index and the Xangle Blue Chip Index. During an AMA session, Linear CEO and co-founder Kevin Tai said the protocol plans to launch innovative products that are different than what is available with other synthetic asset protocols. After the initial listing euphoria dies down, the user experience and the product line could decide the future course of the token. LINA skyrocketed from an intraday low at $0.073 on March 9 to an intraday high at $0.348 today, a 376% rally within ten days. However, the long wick on today’s candlestick suggests traders aggressively booked profits at higher levels. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #linear #linearcoin #lina #linatokens #altcoinseason #altcoiner #altcoinarmy #altcoindaily #altcoin #altcoingenius #altcoininvesting #altcointrading #altcoinnews #altcoins https://www.instagram.com/p/CMlp2dSgteW/?igshid=qn7h1qjd9280