Linear Finance is a pioneering decentralized delta-one asset protocol that introduces a new class of synthetic assets conveniently accessible and readily liquid. Designed to bridge the traditional and crypto markets, Linear Finance enables a seamless creation and management of 'Liquids' - Linear's unique synthetic tokens that cover diverse asset classes, such as commodities, forex, market indices, and thematic sectors. The synthetic USD token, ℓUSD, serves as the core stablecoin of this innovative protocol.
Decentralized Synthetic Asset Protocol
As a delta-one asset protocol, Linear Finance presents an exciting use case in the crypto world by allowing instantaneous creation of synthetic assets with infinite liquidity. This attribute significantly expands the reach of the cryptocurrency space into traditional asset classes, providing a new level of diversification and risk management for crypto users.
Linear's Synthetic Asset Tokens: Liquids
Liquids serve as the backbone of Linear Finance's unique offering. These synthetic asset tokens mirror the performance of various real-world assets, ranging from commodities and forex to market indices and other sectors. The Liquids can be managed via Linear.Buildr - a dedicated DApp that supports the use of Linear (LINA) along with other tokens as collateral.
ℓUSD: In-House Synthetic USD Token
The ℓUSD token operates as Linear Finance protocol's in-house stablecoin. Users can either generate ℓUSD on the Linear Finance platform using the LINA token or acquire it through decentralized exchanges. As a synthetic USD token, ℓUSD offers users synthetic exposure to an extensive range of assets, including but not limited to crypto assets, commodities, and market indices.
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