What is Linear (LINA)?
Linear Finance is designed to make investing accessible for everyone. It offers a platform where both digital and traditional assets can be traded. The key feature of Linear is that it’s "non-custodial," meaning users retain full control over their assets, unlike traditional banks or platforms that hold your funds. Additionally, Linear allows cross-chain compatibility, which means it works across different blockchain networks, making it easier to move assets between different platforms. The project focuses on providing quick and cost-effective transactions, so users can buy and sell assets at fair market value while saving on fees. This is one of the first decentralized finance (DeFi) platforms based on Ethereum that offers cross-chain functionality, which sets it apart from other similar projects.
Who Are The Founders of Linear?
Linear Finance was co-founded by Kevin Tai and Drey Ng. They successfully raised $1.8 million in seed funding in 2020 to kickstart the project. Kevin Tai, who serves as the CEO, has a rich background in traditional finance. He graduated from UC Berkeley and began his career in Silicon Valley. Tai has over a decade of experience working in structured financial products like collateralized debt for major banks such as Credit Suisse and Standard Chartered. Throughout his career, he has overseen deals worth over $20 billion in acquisitions and divestments. His deep expertise in finance, combined with his experience in the crypto space, has been instrumental in making Linear Finance a competitive and innovative platform.
How Many Linear (LINA) Coins Are There?
Currently, there are about 6.5 billion LINA tokens in circulation, out of a total supply of 10 billion tokens. According to Linear Finance’s white paper, the token started with an initial inflation rate of 60%, which will gradually decrease over time. This inflation rate will slow down until it reaches a fixed lower limit, ensuring that new LINA tokens are issued at a sustainable rate. The rate of inflation is also influenced by the circulating supply of tokens and the anticipated growth of the trading volume on the platform. Each year, LinearDAO (the project's decentralized governance system) will review and adjust the inflation rate as needed to maintain a healthy balance for both investors and the platform.
About Lina Finance
Lina Coin is more than just a cryptocurrency — it's a business designed to transform lives. With innovative financial solutions, Lina Finance offers a unique investment model that provides daily returns and helps people achieve financial growth and stability. Join us as we pave the way for a new era in digital finance.
Lina Finance
Lina Finance is a fully transparent and legal cryptocurrency. All transactions and activities are open to the public, and you can verify its legitimacy on any platform where Lina Coin or Lina Finance is listed. Lina Coin is not a scam. It offers a unique investment opportunity, allowing investors to earn up to 2.5% in daily returns. Lina Coin is already supported by major wallets and platforms like Binance. Its founder, Christophe Barhéremy, envisions Lina Coin becoming a major player in the cryptocurrency world, standing alongside well-known coins such as Bitcoin and Ethereum. With its growing recognition and popularity, Lina Coin is poised to make an impact in the global crypto market.