Guest Post by Linear Finance: Welcome to the Linear Finance Protocol | CoinMarketCap

CoinMarketCap's Pick – Article of the Day Welcome to the Linear Finance Protocol LinearFinance $LINA DeFi Ethereum BNBChain Crypto CoinMarketCap CrypTown

Unnecessary documentation, high transactional fees, inaccessibility to banking 24/7, have made traditional finance unappealing to many, especially the common man. A new dimension, a digital asset, has overturned this form of the old banking system- cryptocurrencies. But what if there was a way to get instant access to both cryptocurrencies and traditional assets in one spot? Thanks to Linear Finance it is possible.

Linear Finance is the first decentralized, cross-chain compatible delta-one asset protocol that aims to promote inclusivity and democratize digital and traditional assets access all in a single place, Linear Exchange. Synthetic assets or “Liquids” underlying assets are cryptocurrencies, commodities, and thematic indexes.

To mint ℓUSD, LINA is required as a form of base collateral. Users that build ℓUSD with LINA are eligible for staking incentives and a share of Linear Exchange's trading fees. On top of this, LINA is a governance token, which means that its holders can vote on crucial protocol issues and help shape the future of Linear Finance. Through the Linear DAO structure, the LINA token is used to vote on Linear Improvement Propositions on topics including collateral ratio, fee revenue splits, and Linear Listing Propositions to list new synthetic asset on Linear Exchange.

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