Linear Finance Extends Pre-staking Program to Mainnet Launch

Linear Finance Extends Pre-staking Program to Mainnet Launch

Nov 6, 2020 · 1 min read · cat

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With our recent launch of our Linear Exchange on testnet and our impending push to Mainnet launch in the second half of November 2020, we would like to continue to reward our LINA holders. As such, we will be extending our staking program from [November 12, 2020] for another 4 weeks. The token distribution, terms and conditions will remain the same as the existing staking program. For information on our pre-staking program, please refer to the following medium article:

Linear Finance’s Staking program with Initial APY of 1636%+
With the launch of our LINA token we have also introduced the opportunity to our community to stake their LINA in our…

For the extension, stakers will continue to earn a total of 75,000,000 LINA tokens on a release schedule of one month as per the following:

Note that upon Mainnet launch, all stakers will be transitioned to our Mainnet staking pool and will continue to earn LINA tokens as per the schedule above. Before the expiry of December 9, 2020 we will announce our official staking program so please be on the lookout for this announcement.

We thank you for your continued support and look forward to releasing our Mainnet product to you shortly.

-Linear Finance Team