Linear Finance Report by Jesse

Welcome to Wealth Mastery Issue #36. In this week's edition of coin review, we'll be having a quick look back at Linear Finance. A project we previously introduced to subscribers in Issue #29 with a brief AMA. Since then, it's continued integrating with Binance Smart Chain, and ready for a closer look.

Introduction

Linear Finance is a cross-chain compatible, decentralized synthetic asset protocol to cost-effectively and quickly create, trades, and manage synthetic assets with no slippage utilizing an unlimited liquidity platform. As discussed before in the AMA and a core concept for Linear Finance is its ability to operate at speeds much greater than current platforms like Synthetix and Mirror Protocol are capable of at the moment. By deciding to build on the BSC (Binance Smart Chain) first Linear Finance has enabled speeds up to 1000 TPS while still maintaining a bridge to Ethereum and its growing ecosystem. Coupled with the price oracle services of BSC native project Band Protocol gives Linear Finance a leg up over much of the competition currently operating. With tremendous value existing in the ability for investors to easily and quickly invest, save fees, and secure assets at fair market value. Linear combines large technical experience from many crypto projects. As well as extensive financial experience in exotic and structured assets, from traditional global asset management firms, to bringing to market one of the first DeFi projects built on Ethereum with working cross-chain compatibility. Linear Finance will allow users to build and manage spot or portfolio exposures with a slew of innovative digital and traditional financial products.

Described as the backbone to Linear’s protocol is the collateralized debt pool, backed

Become a Premium Wealth Mastery Subscriber to read the whole article + get weekly investment strategies on crypto, altcoins, NFTs and more

Already have an account? Click here to login.

Related Articles

Responses

You must be logged in to post a comment.