LINA is the native cryptocurrency of the Linear protocol, which defines itself as unlimited in terms of liquidity and allows creating synthetic assets. LINA holders can enjoy decentralized finance transactions. Detailed information about what is Linear coin (LINA), how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.
What is Linear coin (LINA) and how does it work?
LINA is the native cryptocurrency of the Linear protocol, which defines itself as unlimited in terms of liquidity and allows creating synthetic assets. LINA Coin provides the opportunity to earn extra coins in the interest yield type, which can be used in the DeFi protocol and is preferred in the staking, lending phases.
Linear is a decentralized delta-one asset protocol that can create synthetic assets instantly with unlimited liquidity. The project supports the creation of “Liquids”, Linear’s synthetic asset tokens, opening traditional assets such as commodities, forex, market indices and other thematic sectors to cryptocurrency users.
The protocol consists of several products such as Linear.Buildr, a DApp for managing Liquids using Linear (LINA) and other tokens as collateral. The exchange was created specifically to enable the transaction of various Liquids with fast confirmation times and robust security.
LINA is an ERC-20 token built on the Ethereum network whose main purpose is the collateral for Liquids (using Buildr) and the community management of the protocol. All token holders have access to the Linear DAO, which helps shape the evolution of the Linear ecosystem by enabling them to vote on different initiatives and proposals.
Where to buy Linear coin (LINA)? How much is the LINA coin price?
Linear coin (LINA) can be purchased from the listed cryptocurrency exchanges, but before trading it is necessary to make sure that the exchange is “trusted”. As of October 8, 2021, the price of 1 LINA coin is around $0.048.
Caution: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency