Have you ever considered trading traditional assets using your cryptocurrency? Linear Finance offers you investment opportunities within the DeFi environment. Check here all the crucial details of Linear before investing. We will guide you through its functionality, performance, utility, tokenomics, future price prediction, investing strategy, and credibility.
Let’s dive into the world of Linear:
What is Linear?
Linear is a cryptocurrency associated with the Ethereum-based DeFi technology Linear Finance. Users of Linear Finance can trade Liquids that mimic traditional assets like market indexes, commodities, and currencies. These Liquids or synthetic assets are digital derivatives of real-world assets.
Ticker Name | LINA |
Market Cap | $83,219,792 |
24-hour Trading | $100,811,700 |
Total Supply | 10,000,000,000 |
Max Supply | 10,000,000,000 |
Chains | Ethereum Ecosystem, BNB Chain Ecosystem, Polkadot Ecosystem, Harmony Ecosystem |
How does Linear (LINA) function?
LINA is crucial to Linear Finance protocol, serving as collateral and a governance token. It grants voting rights and incentive rewards to users. Here are some ideas about how it works:
Mining Synthetic Assets: Users lock up their LINA tokens or a combination of LINA and other supported cryptocurrencies as collateral in a process called “building” through Linear Buildr, a dApp within the linear ecosystem.
Trading Synthetic Assets: The collateralized LINA allows users to mint synthetic assets that track the value of various traditional assets. You can trade liquids on the Linear Exchange, another dApp within the Linear Finance protocol.
Governance: LINA holders have voting rights within the LinearDAO. They can vote on various proposals that affect the development of the protocol.
Earning Rewards: Users can earn LINA tokens through various methods. Staking their tokens, providing liquidity to the Linear vault, and trading liquids on the Linear exchange.
Key Factors of Linear (LINA)
Cross-chain Compatibility | Linear Finance is compatible with multiple blockchains. It allows users to use the functionalities of different ecosystems, expanding the reach of the protocol and providing users with more flexibility. |
Scalability and Cost-effectiveness | Linear Finance overcomes limitations like high fees and slow transaction speed. It allows for faster and more affordable trading of synthetic assets. |
Innovation of DeFi | Linear Finance introduces a new approach to DeFi by offering synthetic assets. It exposes users to traditional financial instruments without leaving the DeFi space. |
Fair Access to Investment | Linear Finance makes investing possibilities accessible to everyone. It offers synthetic and allows users to participate in markets. People who cannot access it due to geographical restrictions or high barriers to entry can access it. |
Tokenomics of Linear: LINA
LINA is an ERC-20 token that is built on the Ethereum ecosystem. Check out the token distribution of LINA:
40% is for the Staking Rewards
15% is for Reserve
10% is for Team
10% is for Ecosystem
5% is for Advisor
5% is for Liquidity
5% is for Community
3.5% is for Private I
2.4% is for Seed
2.67% is for Private II
0.8% is for Private III
0.63% is for public
Price Prediction of Linear(LINA)
The future price prediction is analyzed by expert traders before investing in any crypto project. If you are looking forward to investing in LINA, check out the current performance and future price forecast of the token.
While writing, the 24-hour trading volume of LINA has been $100,811,700 for the past 24 hours. This indicates a surge of 68.60% from the previous day. The increase indicates a rise in the market activity of crypto.
According to the performance, market trajectory, and other technical indicators, we have analyzed the future price forecast of LINA.
Check out the seven-year price prediction of BENDOG until 2030:
Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
2024 | $0.0116 | $0.0270 | $0.0283 |
2025 | $0.0277 | $0.0308 | $0.0332 |
2026 | $0.0380 | $0.0460 | $0.0470 |
2027 | $0.0494 | $0.0580 | $0.0587 |
2028 | $0.0494 | $0.0580 | $0.0587 |
2029 | $0.0694 | $0.0694 | $0.0706 |
2030 | $0.0870 | $0.0917 | $0.0966 |
Where can you buy your Linear(LINA)?
You can choose to trade LINA from any credible centralized crypto exchange. Binance is the most famous option with the active trading pair LINA/USTD. The trading volume of LINA is $54,322,224 for the past 24 hours. If you are looking for other options, you can also explore TokoCrypto, Bitget, LBank, BTCC, Bybit, and BYDFi.
Is Linear(LINA) a credible investment option for you?
Linear (LINA) goes beyond just being a cryptocurrency. Linear Finance connects the gap between traditional finance and DeFi. It opens new doors for investment opportunities for cryptocurrency users, You can also experience the benefits of scalability, cost-effectiveness, and active community governance.
As per the analysis of LINA, it appears to be a credible investment option for both beginners and experienced investors.
LINA like any other crypto investment needs your share of research before investing. The crypto market is unstable in nature and this can affect your investment. It is advised to have a proper investigation of the crypto project before investing.
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