Linear Finance is a non-custodial, delta-one asset decentralized finance (DeFi) protocol that can work across multiple blockchain networks. The project aims to make DeFi more accessible, letting more investors access traditional and digital assets conveniently and securely.

Linear Finance, or Linear, was one of the first cross-chain DeFi protocols built on the Ethereum blockchain. In 2022, the protocol expanded via integrations to other EVM-compatible blockchains, such as BNB Chain, Moonriver, and Moonbeam.

Linear works to offer deep liquidity through the creation of synthetic assets or Liquids with zero slippage. This feature, combined with a collateralized debt pool backed by the Linear token (LINA), offers instant liquidity to the platforms users.

LINA is the native token of the Linear Finance protocol and functions as its utility and governance token. It can be staked as the base collateral for Liquids and empowers its holders with voting rights to participate in the protocols decentralized governance mechanism.

The Linear Finance protocol consists of the following offerings:

Linear Buildr

This decentralized application (dApp) lets users stake and build LUSD. The dApp supports major cryptocurrencies and the native LINA token.

Linear Exchange

The DEX supports trading multiple assets with high liquidity, including cryptocurrencies, commodities, and thematic indexes. Its a great place for experienced traders to invest in financial instruments across traditional and digital markets, diversify their portfolios, and enjoy near-instant confirmation times and immediate finality.

Linear Swap

Linear Finance includes its customized swap functionality with low gas fees and the composability of LINA tokens across multiple blockchain networks. Users can swap crypto assets across supported blockchains and conveniently transfer their digital assets from one ecosystem to another.

Linear Vault

The custom-built yield-generating vault feature is ideal for crypto investors looking to generate passive income from their holdings. They can use Linear Vault to lock their LUSD or LP tokens to earn interest in LUSD, BUSD, and LINA.

Linear Finance was co-founded by Kevin Tai and Drey Ng, who launched the project in 2020 after raising $1.8 million in seed funding from NGC, Hashed, CMS, Genesis Block, and other renowned investors. In October 2020, the team received a strategic investment from 3Commas, which included opportunities for future collaboration and integration.

The Linear Finance suite of products had a mainnet launch in January 2021, including the Linear Exchange. The protocol introduced its liquidation mechanism in April 2021, safeguarding their debt pool, stakers, and LUSD holders while adding features such as shorting synthetic assets and leverage.

Linear Vault went live on the Binance Smart Chain in May 2021 to support yield-generating activities for the protocols users. The project integrated Chainlink Price Feeds to boost its overall security.

In February 2022, the developers launched Chaotic Finance on MoonRiver and then Athos Finance - their integration on Polkadot via the Moonbeam network. The Linear DAO was also implemented in the same month.

Linear Finance is a promising investment, especially if you have faith in the potential of DeFi and blockchain interoperability. As the native token of a popular cross-chain DeFi protocol, LINA's price has the potential to strengthen as the decentralized finance market expands and gains mainstream acceptance.

The price of Linear Finance token may also rise as the protocol expands to support more blockchain networks. Cross-chain operations are a key focus area for Linear Finance, and this development can significantly improve the platform's overall liquidity.

Cross-chain expansion can also attract more users to the platform's offerings, driving up on-chain activity and the demand for the LINA token. This increased attention from investors can boost the LINA price in the market.

While it is impossible to provide an accurate price prediction for Linear Finance over any duration, there are several key factors to monitor that can offer insights into the price action and volatility of the LINA token:

Level of Adoption

The value of LINA token tends to rise when more traders use the various products offered by Linear Finance. Increased on-chain activity drives up the demand for the native asset, supporting the price of the LINA token in the market.

Future Developments

As Linear Finance expands to more blockchain ecosystems in the future, the liquidity of the protocol could increase, making it even more attractive and efficient to use. This expansion could also attract more users and make LINA more interesting for investors to buy and hold.

Partnerships and Integrations

Announcements of new partnerships, integrations, and investments by Linear Finance can increase investor confidence in the LINA token. This can also drive up the value of Linear Finance as a crypto asset to invest in.

Market Outlook

A positive outlook among global investors towards cryptocurrencies, particularly the DeFi market, can support the price of the LINA token. A bullish sentiment increases buying activity in the crypto market and can drive an uptrend in the price of Linear token. Conversely, a bearish sentiment can lead to sell-offs that weaken the value of LINA.

LINA is the native cryptocurrency of the Linear Finance protocol and serves the following purposes:

Utility Token

LINA tokens are used as base collateral to create Liquids on Linear Buildr, the dApp for collateral pool and Liquids management. LINA can be collateralized to create synthetic assets called Liquids.

Governance Token

LINA holders can participate in Linear Finance's decentralized governance functions. Token holders enjoy voting rights and can submit or vote on proposals that define the project's future evolution.

Staking

Users can lock their LINA tokens via the staking feature of the protocol to earn rewards. Stakers can earn rewards in LUSD on a pro-rata basis weekly from the transaction fees generated by the protocol.

Crypto Asset to Trade and HODL

Trade the Linear token against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell LINA against other digital assets or hold it long-term if you believe in the project's future potential. Before trading Linear Finance crypto, review the current price of the Linear token, LINA's current market cap, current circulating supply, and 24-hour trading volume. Additionally, perform technical, sentiment, and fundamental analysis on the LINA price chart.

Earn Passive Income on BYDFi

You can also earn passive income by holding LINA via BYDFi Crypto Lending. Lend liquidity in LINA on BYDFi and earn attractive daily interest over seven, 14, or 28 days.

You can stake LINA on the Linear Finance Buildr dApp to build LUSD and provide liquidity to the protocol, earning rewards. Here's how to stake LINA on Linear Buildr:

1. Visit the Linear Buildr dApp and connect your wallet to the app's interface. Ensure you have sufficient tokens for staking by buying LINA on BYDFi or other supported platforms and withdrawing your tokens to your wallet.

2. Click the 'Build LUSD' button and enter the number of LINA tokens you wish to stake on the next page.

3. Review all the details and confirm the transaction using your wallet.

4. Sit back, earn rewards in LUSD, and grow your crypto portfolio by staking LINA on Buildr.

The total supply of LINA is fixed at 10,000,000,000. As of March 2023, the circulating supply of LINA is just over 4,800,000,000. The circulating supply can vary based on the level of activity on the Linear Finance protocol, staking activity, and other factors.