|Volume / Market Cap||–|
|Total Supply||900,000,000 LINA|
Linear is currently trading at $0.005853, after a price change of 3.39% in the last 24 hours.
Ranked as cryptocurrency #6708 by capitalization today, LINA market cap is valued at $0.00000000. LINA trading volume reached $81.21 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on LINA coin price prediction page.
What is Linear?
Linear is a cross-chain, non-custodial, delta-one asset protocol built on Ethereum to create synthetic assets with limitless liquidity. The network aims to provide an open exposure to traditional and digital investments in Decentralized Finance. The protocol links to other blockchains to enable network interoperability. Buildr is a decentralized app in Linear Finance for managing liquidity and collateral pools.
LINA is the native token powering Linear. 3.12 billion LINA tokens are circulating from a total supply of 10,000,000,000 and a matching hard cap. The token is ERC20 standardized, and Liquids are EVM suitable to receive deposits from other liquidity pools.
LINA token supports a collateralized debt liquidity pool. The token is used in governance to enable holders to decide on distribution criteria, asset listing, oracle choice, and the pledge ratio. Linear protocol uses an inflationary tokenomics model that cuts the rate until a final limit is achieved. The inflationary rewards and the fee claim are executed via a smart contract. Inflation has a lock period of one year and an automatic debt pool staking.
The co-founders of Linear, which debuted in 2020, are Drey Ng and Kevin Tai.