{"id":2128,"date":"2021-09-13T13:39:35","date_gmt":"2021-09-13T13:39:35","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=2128"},"modified":"2021-09-13T13:42:05","modified_gmt":"2021-09-13T13:42:05","slug":"linear-review","status":"publish","type":"page","link":"https:\/\/deficoins.io\/review\/linear","title":{"rendered":"Linear Review: All You Need To Know About The Coin"},"content":{"rendered":"
The introduction of the decentralized financing market salvages the KYC protocols, trusty, and controlled transactions. Consequently, the DeFi<\/a> market keeps expanding swiftly.<\/p>\n With DeFi tokens currently operating and a market capitalization of $135.42B, the market continues to grow. However, this interesting growth creates more issues as the number of daily active users increases and transactions accumulate each second. This causes high transactional charges and delay or sluggish transaction execution in the platforms.<\/p>\n Linear\u00a0emerged to solve the problems associated with decentralized financed like expensive transaction charges and liquidity. Utilizing the protocol, users can evade these challenges given the fast and cost-effective synthetic asset marketplace.<\/p>\n They can also mint their derivatives seamlessly, using an array of tokens to illustrate the risk level and financial exposure they can partake. The protocol also offers users new ways to leverage the varying yield farming opportunities.<\/p>\n This article has explained a detailed Linear review of everything you need to know and why you should indulge in the protocol.<\/p>\n Contents<\/p> Linear is a delta-one asset protocol that supports inter-blockchain transactions. The protocol is built on the Ethereum blockchain. It enables users to create, curate, and perform trades on synthetic assets. This provides users access to a wide variety of financial assets without needing to buy the assets directly.<\/p>\n The protocol also allows users to create a digital portfolio and manage it using an ever-improving combination of either legacy or digital products on a network with crypto-economic mechanisms. The development team focuses on utilizing the delta-one protocol standards due to its ability to provide users direct access to underlying assets and their price movements.<\/p>\n Delta assets are derivatives without option contracts. Meaning, any change in the real-time price of any connected asset will mirror the price of the synthetic assets or derivatives. Synthetic assets like oil, gold, commodities are traded directly using the delta-one asset protocol. The protocol hopes to terminate design problems that arose with Synthetix.<\/p>\n The users can relate with the protocol on Binance Smart Chain (BSC) or Ethereum blockchain. However, the former is a current preferred choice given its low transaction charges. The development team has also announced integration with the Polkadot blockchain. But, due to the limited available slots, Linear may work with the Kusama blockchain.<\/p>\n The big idea of the protocol is to project inclusiveness and ensure access to investment assets; while providing immunity to settlement time and price slippages. In basic terms, Linear is a modification of the Synthetix project.<\/p>\n Fundamentally, the network is established upon asset collateralization pools that reward its users. These pools contain the Linear ($Lina) tokens but plan to scale to other real assets. Linear solves the prevailing challenges related to the DeFi sector, e.g., high slippage and transaction fee, redundant oracle price feeds, etc.<\/p>\n The linear protocol has three major use cases:<\/p>\n The Linear protocol ensures users unlimited liquidity and the least price slippage no matter the situation. It also encapsulates the following unique features for any user to anticipate:<\/p>\n Linear bridges the two blockchains (Ethereum and Binance Smart Chain) using complex smart contracts to handle automatic executions. This implementation gives rise to certain advantages for users. They are:<\/p>\n The Lina token is the basic token of the Linear project. It can be used for control, payment, and staking. However, the most basic use of the LINA token is to collateralize for minting the Liquids (synthetic assets) using the app Builder.<\/p>\nWhat Is Linear?<\/strong><\/span><\/h2>\n
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Linear Unique Feature<\/span><\/h2>\n
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Benefits Linear<\/span><\/h2>\n
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The LINA Token<\/span><\/h2>\n