Linear Finance
Name
Linear Finance
Summary
Linear is a decentralised synthetic asset protocol that allows users to develop, trade, and manage synthetic assets in a cost-effective and timely manner (Liquids).
-It was founded by Drey Ng and Kevin Tai
-Linear is built on both Binance Smart Chain and Ethereum, allowing users to transfer Linear assets and use them as DeFi building blocks across both DeFi ecosystems.
Rating
Symbol
LINA
Overview
Linear is a decentralized delta-one asset system that allows users to create synthetic assets immediately and with unlimited liquidity. By facilitating the development of "Liquids," Linear's synthetic asset tokens, the project allows cryptocurrency users to access traditional assets such as commodities, FX, market indices, and other themed sectors.
LINA is an Ethereum-based ERC-20 token that serves as collateral for Liquids (through Buildr) as well as community governance of the protocol. The Linear DAO is open to all token holders, allowing them to vote on various initiatives and proposals, assisting in the development of the Linear ecosystem.
Linear's major purpose is to give a better user experience with higher scalability and speed because to the protocol's cross-chain capabilities. Linear Finance aims to provide a straightforward solution for consumers who want traditional asset exposure while also taking advantage of the capabilities available only through blockchain technology.
Historical Price Movement (in INR)
Technology
Linear uses one of the largest proof-of-work (POW) mining networks to protect its tokens as an ERC-20 token established on the Ethereum Network.
Furthermore, the LinearDAO was formed to provide LINA holders the ability to vote on proposals that assist guarantee that the Linear Finance ecosystem develops in the direction that its users prefer. The Linear Finance delta.one asset protocol is decentralized and built on Ethereum smart contracts that can be changed as needed.
Staking Rewards
40%
Linear Finance reserve
15%
Team
10%
Advisors
5%
Ecosystem
10%
Community
5%
Liquidity
5%
Seed
2.4%
Private
7%
Public
0.6%
Volume (29h May 2022)
$22,431,144
Total Supply
10000000000
Circulating supply
3.61B LINA
Crowd Sales
It has raised around $2.1 M in funding
Funding
9/9/2020: Seed Round-$1.8M
15/9/2020: ICO-$310,000
Country
Hong Kong
Name of Organization
Linear Finance
Year Incorporated
2020
Registered Address
NA
Dispute Resolution and Governing Law
Hong Kong
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Drey Ng | Co-Founder | The University of Hong Kong: Master of Science, Computer Science (Dropped out)The University of Hong Kong: Bachelor of Science, Quantitative Finance | 10 Yrs |
| Kevin Tai | Co-Founder | Harvard Business School: Master of Business Administration -MBA, Corporate Finance and Real EstateUniversity of California, Berkeley: BS Business Administration, Corporate Finance and Accounting | 12 Yrs |
Whitepaper 
