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    DeFiCurrent Page

    Linear Finance (LINA): Delta-One Asset Protocol Promotes Inclusivity

    Intermediate
    DeFi
    Oct 13, 2022
    11 min read
    0

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    Detailed Summary

    The traditional financial system — riddled with burdensome challenges — makes it more or less prohibitive to some people. Services are available only during banking hours, the transaction process can be tediously slow, and fees are often expensive. Decentralized finance (DeFi) offers strategic advantages. However, many DeFi platforms have high gas fees, front-running issues and liquidity challenges. Linear Finance is a relative newcomer to the cryptocurrency space, and it addresses these challenges as a synthetic asset exchange platform.

    What Is Linear Finance?

    Linear Finance is a decentralized, transparent platform used for synthetic asset management and exchanges. Using a delta-one asset protocol, it delivers a variety of assets to users without their needing to own the underlying asset.

    The Linear Finance platform uses synthetic assets, or “Liquids,” to support transactions without the risk of slippage. Through its democratized functionality, it provides users with access to both traditional and digital assets, which include thematic indices, spot cryptocurrencies and commodities. Linear Finance stands apart from other DeFi platforms because it’s cross-chain compatible, noncustodial and uses a delta-one asset protocol. Its functionality is executed through the applications Linear Vault, Linear Swap, Linear Exchange and Linear Buildr.

    What Is LINA?

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