Linear Finance

From CryptoWiki

Revision as of 04:14, 29 August 2022 by Grand Master Pepe (talk | contribs) (→‎Cons)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

 Basics

  • Founded in:
  • Based in:
  • Mainnet release:

"Linear claims to be the first cross-chain compatible, decentralized delta-one asset protocol that can create, trade, and manage synthetic assets."

History

Token

Launch

  • The public sale of Linear's tokens is expected in mid-September, a spokesperson told CoinDesk (9-9-2020).

Token allocation

Utility

Token Details

Stablecoin

Tech

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Layer Two

"Linear Finance has begun integrating with Binance Smart Chain as a layer-two solution to solve challenges facing existing synthetic asset protocols, according to the announcement."

Different Implementations

Interoperability

"Linear claims to be cross-chain compatible"

Other Details

Privacy Method being used

Compliance

Oracle Method being used

Their Other Projects

DEX

Governance

DAO

Self Funding Mechanism

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

  • Took funding from Moonrock, which according to ZachXBT mainly funds cash grabs and straight up scams (10-12-2021). Although this not directly means that this project is then also scammy, it does mean that the founders did not vest their VCs well.

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

"Alongside their investments, NGC founding partner Tony Gu and Hashed co-founder Ryan Kim will join Linear's advisory board."

Funding

"NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital led the investment, while Alameda Research, Evernew Capital, Soul Capital, Moonrock Capital, Black Edge Capital and PANONY also participated. The funding will go towards accelerating the development of Linear's testnet and mainnet, as well as promoting its platform, the protocol's team said in a press release."

Partners