Linear update: LINA Live price, price chart, news and markets

The LINA price update as of now is $0.004592. In the previous 24 hours, its trading volume was $7,098,680, and its value has decreased by -0.89%. As of now, LINA's live market cap is $45,906,251, and it is ranked as the #579 on the Coincu. LINA has a circulating supply of 10,000,000,000 and a maximum supply of 10,000,000,000.

Introducing Linear Finance: Revolutionizing Asset Protocol

Linear Finance presents a groundbreaking asset protocol that aims to overcome the challenges faced by dApps, including time-consuming transactions, limited asset availability, and missed opportunities for acquiring coins at lower prices. By addressing these limitations, Linear opens up a comprehensive trading market while democratizing access to and ownership of assets.

Unlocking the Potential: Key Features of Linear Finance

Achieving Objectives: The Vision of the Project

Linear Finance brings together the technical expertise of various cryptocurrency projects and the extensive financial experience in structured assets from traditional global asset management firms. Positioned as one of the first DeFi projects on the Ethereum platform with cross-chain compatibility, Linear aims to empower users to build and manage spot trades or portfolios encompassing a wide range of traditional financial products. Supported by the Ethereum-based LINA token, Linear streamlines staking, investing, and redemption processes, making them easier, faster, and more cost-effective, all while ensuring seamless access to the Ethereum DeFi ecosystem.

Unique Selling Points: What Sets Linear Finance Apart

Innovative Property Mortgage Mechanism

Linear tackles the issue of high mortgage rates for composite assets by accepting stable cryptocurrencies as collateral. Through the governance protocol, the community has the power to determine the LINA rate. In the future, Linear also plans to tokenize real-world assets as viable collateral options.

Efficient Data Updates with Partner Chains

Linear effectively resolves Oracle issues within Ethereum-based dApps by facilitating cross-chain capabilities between Ethereum and other EVM compatible chains. This enables seamless liquidity exchange on the platform, thanks to the quick block times and reduced costs offered by partner chains. Additionally, Linear implements a dynamic mechanism that shortens update time based on front-end interaction. When gas fees are low, oracle updates can be integrated directly into user transactions.

Robust Liquidation Mechanism and Insurance Fund

Linear incorporates a reliable liquidation mechanism to handle black swan events and proposes an appropriate mechanism for community governance. To cover any losses arising from liquidation, an insurance fund has been established. Moreover, the community holds the authority to determine the source of the fund, such as a percentage of the transaction fee.