Linear LINA White Paper

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Hello and welcome to this blog post about Linear LINA White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the Linear LINA white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the Linear LINA.

I can ensue you that, you will be able to understand every bits and pieces related to Linear LINA after going through the Linear LINA white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Linear LINA White Paper

Linear LINA white paper will be going to provide you, all the information that is needed to get started with Linear LINA, including the inspiration for creating, the problem it is trying to solve and the solution proposed by Linear LINA.

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Abstract

Linear Finance (“Linear”) is a non-custodial, cross-chain compatible, delta-one asset protocol. Linear’s long term DeFi vision is to increase inclusiveness and democratize access to investment assets (digital and traditional). Tremendous value exists in the ability for investors to easily and quickly invest, save fees, and secure assets at fair market value.

Linear combines substantial technical experience from numerous crypto projects with extensive financial experience in exotic and structured assets from traditional global asset management firms to bring to market one of the first DeFi projects built upon Ethereum with cross-chain compatibility. Linear will allow users to build and manage spot or portfolio exposures with a slew of innovative digital and traditional financial products.

Linear is backed by our Ethereum-based Linear Token (LINA) with synthetic assets built on other EVM compatible chains first and other prominent blockchains in the long run, making the staking, investing, and redemption process easier, quicker and with substantially lower transaction fees whilst maintaining access to the Ethereum DeFi ecosystem.

Linear is a non-custodial cross-chain compatible DeFi protocol with unlimited liquidity and serves in the creation of synthetic assets (Liquids) with zero slippage. The backbone to Linear’s protocol is our collateralized debt pool, backed by our Linear token (LINA), and eventually other digital and real world assets. Users who have provided collateralized assets to the debt pool are able to “build” Linear USD (ℓUSD) which can then be used to purchase synthetic assets (Liquids) on our exchange.

The collateralized assets are subsequently pooled to enable instantaneous liquidity and serve as a counterparty. LINA will also be a governance token enabling holders to vote on distribution models, assets to be listed, oracle selection, pledge ratio etc. LINA holders within the debt pool will obtain pro-rata fees from the building of Liquids.

The LINA token will adopt an inflationary model to enhance staking incentives and will have liquidity mining programs to encourage usage of the exchange and stability of the pool. Synthetization of assets will focus on cryptocurrencies, commodities and, more importantly, traditional assets such as market indices and thematic theme exposures.

The long term vision of Linear is to provide a platform for any user to gain exposure to a wide range of assets without slippage and settlement time. Furthermore, Linear Finance will act as a reliable gateway with the adoption of cryptocurrency we saw in 2020 and the collaboration of Decentralized Finance (DeFi) and Centralized Finance (CeFi). Applications can be developed on top of Linear for CeFi / DeFi composability.

White Paper Link: Linear LINA White Paper

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