Everything about LINA (Linear) cryptocurrency :
Linear
Linear is a non-custodial cross-chain compatible DeFi protocol with unlimited liquidity and serves in the creation of synthetic assets (Liquids) with zero slippage.
1. Project introduction
Linear is a decentralized delta-one asset protocol capable of instantly creating synthetic assets with unlimited liquidity. The project opens traditional assets like commodities, forex, market indices and other thematic sectors to cryptocurrency users by supporting the creation of “Liquids” — Linear’s synthetic asset tokens.
The protocol consists of various products like Linear Buildr, a DApp used to manage Liquids using Linear (LINA) and other tokens as collateral. The exchange is specifically created to enable trading of a variety of Liquids with rapid confirmation times and robust security.
The main goal of Linear is to provide a superior user experience with better scalability and greater speed thanks to the cross-chain capabilities of the protocol. Linear Finance intends to provide a simple solution for users that want exposure to traditional assets while still benefiting from the features enabled only by blockchain technology.
2. Team introduction
Co-Founder & Chief Product: Drey Ng
Linkedin: https://www.linkedin.com/in/drey-ng/
DAO member: Kevin Tai
Linkedin: https://www.linkedin.com/in/kevintai88/
3. Investment institution
Moonrock Capital, Vendetta Capital, Soul Capital, Band Capital, Huobi Global, NGC Ventures, Evernew Capital, etc.
4. Application and distribution
Total supply: 10,000,000,000
Token application:
Used to vote on Linear improvement proposals on subjects such as collateral ratio, fee revenue splits, and synthetic asset listings through the LinearDAO structure.
Token distribution:
Seed: 2.49%
Private: 7.0%
Public: 0.6%
Team: 10.0%
Staking Reward: 40.0%
Advisor: 5.0%
Liquidity: 5.0%
Ecosystem: 10.0%
Community: 5.0%
Reserve: 15.0%
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