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Linear
About Linear
Linear (LINA) is the native utility token of the Linear platform, an ERC-20 token based on the Ethereum blockchain. The platform is a decentralized, cross-chain compatible protocol designed to create, trade, and manage synthetic assets. LINA tokens are used for governance, collateral for minting synthetic assets, and staking within the platform’s liquidity pools. Linear (LINA) was founded by Kevin Tai and Drey Ng in September 2020.
*The Token (LINA)* Linear (LINA) is the native utility token of the Linear platform. It is an ERC-20 token based on the Ethereum blockchain. The LINA token is used as collateral to mint synthetic assets and to engage with the platform's various features and functionalities.
*The Platform or Project* The Linear platform itself is a decentralized, cross-chain compatible protocol designed to create, trade, and manage synthetic assets. It provides users the ability to access and trade various financial assets in a decentralized manner, from cryptocurrencies to traditional financial instruments like stocks and commodities.
LINA tokens are used within the Linear ecosystem to participate in governance, allowing token holders to vote on proposals and platform updates. Additionally, LINA is used as collateral for minting synthetic assets and for staking within the platform's liquidity pools. By staking LINA tokens, users can earn rewards, partake in the community's decisions, and facilitate smooth trading within the platform.