LINA
0.00367500USDT
+0.74%≈$0.00367500≈฿0.00000005Volume(24H)$79,357.91
Today
Low:0.00351123
High:0.00394654
Yesterday
Low:0.00348900
High:0.00373100
Market information
Market Cap $25,258,372.27
Global Volume(24H)$11,719,837.45
All-Time Low$0.00313974
All-Time High$0.29898600
Initial Price
ROI --
Circulating Supply 6,873,502,299 LINA
Circulation Percentage 68.7350%
Max Supply 10,000,000,000 LINA
Total Supply 10,000,000,000 LINA
Price history
Information
Website https://linear.finance/
Media Media
Explorer Explorer
Source Code https://github.com/Linear-finance/linear
Converter
LINA
USD
Project Introduction
Linear Finance (LINA) is a cross-chain compatible Delta-One asset protocol.
Project Vision
Increase the inclusion of investment assets (digital and traditional) and make them accessible to the masses.
Market Demand
The rise of DeFi has led to open, unlicensed financial services solutions, the emergence of various financial derivatives and synthetic asset exchanges. As trading enthusiasts, we want a synthetic asset exchange that allows us to create and exit exposure to any asset class at any time, without settlement delays and red tape. However, it is hard to like that existing synthetic asset exchanges are slow, difficult to use and expensive to trade.
Solution
Linear is supported by the Ethereum-based Linear token (LINA) and synthetic assets based on other Ethereum Virtual Machine compatible blockchains, making the pledge, investment, and redemption process easier, faster, and with less transaction fees, At the same time, we pursue the development vision of cross-chain DeFi and provide a complete solution for DEX users to solve the problems of expansion and high transaction costs by linking different main network ecosystems.
Project Implementation Mechanism
Buildr: An application that can pledge native LINA tokens to mint LUSD, a stablecoin used to buy liquids on Linear. The casting process is overmortgaged (you cast less LUSD than you pledge LINA) and you receive a pledge bonus as well as a portion of the transaction fee. Buildr is also a platform to claim rewards and burn LUSD in exchange for LINA. Exchange: Linear is a service that uses LUSD trading liquids to gain exposure to digital assets, commodities, and indices, trading almost instantaneously, with no slippage, and charging a fee of 0.25%. While all composited assets are currently curated by the project, it is possible to add your own liquids in the future. Swap: The Swap service allows users to transfer their LINA tokens, liquids, and LUSD tokens to multiple blockchains (currently Ethereum and Binance Smart chains). Vault: Vault is Linear's revenue farming product that allows you to pledge LUSD and offer tokens to a mobile pool for rewards.
Token Usage Scenarios
1. Users may pledge LINA and use it as collateral to mint LUSD stablecoin. 2. Participate in community governance and vote on future issues related to the project, such as composite asset list, fee income distribution and collateral ratio. Locking in LINA as collateral allows users to earn a portion of transaction fees as well as pledge and inflation rewards.
Technical Characteristics
1. Unmanaged, cross-chain compatible Delta-One asset protocol. 2. Support for ethereum-based Linear tokens (LINA) and synthetic assets based on other Ethereum Virtual Machine compatible blockchains. 3. Unmanaged cross-chain compatible with DeFi protocol with unlimited liquidity.
Incentive Mechanism
As the token of Linear Finance, LINA is both pledge and governance token, with strong value capture capability. It can pledge synthetic Liquid to obtain income -- inflation income, Liquid transaction commission and liquidity mining for users on the platform. It is also used to govern the Linear protocol. Mortgagors can buy LINA and pledge it if they want a mortgage bonus and a share of the transfer. With collateral, the user can create LUSD, Linear's synthetic dollar stabilization coin, which can be freely transferred into the AMM pool to generate additional revenue or used to gain exposure to other Liquids (synthetic assets).
Competitors
Compared to Synthetix, which mainly trades crypto markets, volumes related to real assets are low.
Points
Linear is a platform designed to address clearing times and trading slips. Linear allows users to convert their exposure to different asset classes at will, trading prices with the entire Pool of pledged assets based on the predictor, and becoming a new "P2P" to peer-2-Pool. Linear can list different types of assets in the long run, and can also list different interesting assets suggested by the community, such as NFT index, DeFi Index, as long as there is a price/index source can become an asset. Thus, TAM (the overall potential market) has no boundaries, as Linear can "compose" any asset for everyone to convert at will.
Project Risk
Smart contract security risks, competitors and other risks.
Values
As a token of Linear Finance, LINA is both a pledge and a governance token, with strong value capture capability. It can pledge synthetic Liquid for gains, obtain Liquid transaction fees, pledge inflation gains, conduct liquidity mining, and will also be used to govern Linear protocol. Unlike other synthetic asset agreements, which allow you to pledge only your own tokens, LINA is one of the pledges created using Buildr to create Liquid. The other digital assets are initially set to 20%, so at least 80% of the pledged assets need to be LINA tokens. This ratio will be adjusted in accordance with community decisions. Initially the platform will set the pledge ratio at 600%(the optimal ratio), which will be adjusted with the LinearDAO evaluation. Given black swans and uncertain events, a high initial pledge ratio is critical to the long-term growth of the platform.
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Binance | 1 | Binance | LINA/USDT | 0.00367400 | 0.66% | $3,449,492.02 | 14.7734% | 2024-11-05 04:12:44 | ||
2 | KuCoin | 2 | KuCoin | LINA/USDT | 0.00367600 | 0.74% | $146,435.13 | 0.6272% | 2024-11-05 04:13:45 | ||
3 | MEXC | 3 | MEXC | LINA/USDT | 0.00367400 | 0.49% | $132,029.33 | 0.5655% | 2024-11-05 04:13:49 | ||
4 | BingX | 4 | BingX | LINA/USDT | 0.00367500 | 0.74% | $79,357.91 | 0.3399% | 2024-11-05 04:12:54 | ||
5 | Bitget | 5 | Bitget | LINA/USDT | 0.00367600 | 0.68% | $73,190.99 | 0.3135% | 2024-11-05 04:13:06 | ||
6 | Gate.io | 6 | Gate.io | LINA/USDT | 0.00367900 | -0.38% | $23,627.27 | 0.1012% | 2024-11-05 04:13:12 | ||
7 | Gate.io | 7 | Gate.io | LINA/ETH | 0.00000151 | 2.72% | $1,395.27 | 0.0060% | 2024-11-05 04:14:10 | ||
8 | KuCoin | 8 | KuCoin | LINA/BTC | 0.00000005 | 0.94% | $178.99 | 0.0008% | 2024-11-05 04:13:58 | ||
9 | HitBTC | 9 | HitBTC | LINA/USDT | 0.00520200 | -26.56% | $35.0966 | 0.0002% | 2024-11-04 18:39:39 | ||
10 | BitMart | 10 | BitMart | $LINA/USDT | 0.00367400 | 0.44% | $1,226,393.79 | 5.2524% | 2024-11-05 04:12:59 | ||
11 | HTX | 11 | HTX | LINA/USDT | 0.00365400 | -0.76% | $3,189.49 | 0.0137% | 2024-11-05 04:14:01 | ||
12 | WhiteBIT | 12 | WhiteBIT | LINA/USDT | 0.00367900 | 0.79% | $1,359,505.67 | 5.8225% | 2024-11-05 04:14:21 |
Trading platform transaction information
Trading Percent
All Exchange
Exchange | Volume(24H) | Trading Percent | |||
---|---|---|---|---|---|
Binance | Binance | $3,449,492.02 | 29.6618% | Visit | |
Gate.io | Gate.io | $25,022.54 | 0.2152% | Visit | |
KuCoin | KuCoin | $146,614.12 | 1.2607% | Visit | |
Bitget | Bitget | $73,190.99 | 0.6294% | Visit | |
MEXC | MEXC | $132,029.33 | 1.1353% | Visit | |
BingX | BingX | $79,357.91 | 0.6824% | Visit | |
HitBTC | HitBTC | $35.0966 | 0.0003% | Visit | |
BitMart | BitMart | $1,226,393.79 | 10.5456% | Visit | |
HTX | HTX | $3,189.49 | 0.0274% | Visit | |
WhiteBIT | WhiteBIT | $1,359,502.12 | 11.6902% | Visit | |
XT.COM | XT.COM | $1,038,754.16 | 8.9321% | Visit |