Linear is a crowdsourced delta-one asset system that allows users to create synthetic assets immediately and with infinite volume.

With a 24-hour trading volume of $50,776,748 USD, the live Linear price is $0.046085 USD. With a live market cap of $184,509,465 USD, the current CoinMarketCap ranking is #274. There are 4,003,665,123 LINA coins in circulation, with a total quantity of 10,000,000,000 LINA coins.

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About Linear LINA

LINA is an Ethereum-based ERC-20 token that serves as collateral for Liquids (through Buildr) and community governance of the protocol. 

 

Linear Finance strives to launch a straightforward solution for consumers who desire exposure to fixed income securities while also availing the advantage of the capabilities only blockchain technology can give.

 

All network participants have accessibility to the Linear DAO, which allows them to vote on various initiatives and proposals, assisting in the advancement of the Linear environment.

 

The Linear Exchange provides limitless liquidity for Liquids and reduces settlement timeframes to as little as one second per block, making it ideal for high-frequency traders and algorithmic traders.

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What is Linear LINA?

The base collateral for minting Liquids is LINA tokens. Customers can, however, utilize other digital information like as ETH and wBTC to cover 20% of the baseline collateral.

 

Linear Finance users will eventually be able to access synthetic traditional assets and, eventually, equities. 

 

Linear's cross-chain method reduces fees and eliminates the oracle frontrunning problem that can occur with some Ethereum protocols.

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Who Are the Founders of Linear LINA?

As per the official Linear Finance Linkedin profile, Drey Ng and Kevin Tai co-founded the organization, which owns a modest crew that is lesser than a dozen people.

 

Kevin Tai was the vice president of Credit Suisse in Hong Kong, a successful multinational financial planner, and investment bank. Drey Ng is the co-developer and latest chief product executive of Liquefy.

 

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What Makes Linear LINA Unique?

One of Linear Finance's most distinguishing aspects is its proposed liquidation procedure, which will be determined by community governance. By participating, LINA holders can impact financing costs or what to allocate to the insurance scheme, along with other considerations.

 

In spite of the fact that Linear Finance is stacked on top of the Ethereum platform, the system allowed interested candidates to access and move funds to other compatible chains.

 

Linear also allows clients to purchase standard commodities such as currencies and commodities via flexible pricing inputs, which help to overcome the systemic front-running problem that much decentralised exchange (DEX) protocols suffer from.

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Where Can You Buy Linear LINA?

LINA is traded on popular centralised exchanges like as BitMax and MXC, as well as Uniswap, a popular decentralised exchange. On Uniswap, the asset can be swapped versus Ethereum (ETH), Tether (USDT), or bundled Bitcoin (wBTC) as of November 2020.

 

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Frequently Asked Questions About Linear LINA

How Many Linear LINA Coins Are In Circulation Currently?

LINA's daily volume is presently 10 billion tokens. Linear employs an inflationary process with a diminishing rate until a terminus level is hit.

What Security Measures Does the Linear LINA Take? 

Linear uses one of the strongest proof-of-work (POW) mining infrastructures to safeguard its coins as an ERC-20 token established on the Ethereum Network.

On What Factors Does The Price Of The Linear LINA Depend?

Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact LINA’s price and market cap.

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Conclusion

After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.

 

Therefore, it's wide enough to quote that Linear LINA tokens have been upgraded to a new all-time high translation volume of almost $0.046 U.S Dollars per token.

 

The increased value of Linear LINA is sufficient enough to prove its worth in the eyes of stakeholders and future investors. In addition to that, LINA with every bit of share permitted to users gives another opportunity for trading.

 

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Linear LINA Official Website -https://linear.finance/

 

Linear LINA Twitter -https://twitter.com/LinearFinance

 

Linear LINA Reddit -https://reddit.com/r/r/LinearFinance/

 

Linear LINA Medium -https://medium.com/@linear.finance