Aug 17, 2020 · 2 min read · cat
The emergence of decentralized finance (DeFi) has now given us open and permissionless solutions in financial services and an explosion in derivative offerings and synthetic asset exchanges. As investors who have a passion for trading, our vision for a synthetic exchange is one where we can invest/exit exposures to any asset class without settlement delays and friction. Yet, as we were trading on the existing synthetic exchanges, we found them to be slow, incredibly difficult to use, saddled with high transaction costs, and simply unappealing to trade on. This is why we set out to create the best synthetic asset exchange.
Today we proudly announce Linear Finance, a cross-chain compatible, decentralized delta-one asset protocol to create, trade, and manage synthetic assets (Liquids). Linear Finance is a faster, cheaper, safer, and easier to use alternative compared to other synthetic asset protocols, coupled with access to a wealth of creative investment assets.
Linear Finance’s protocol will be supported by our native ERC-20 Linear Token (LINA) which serves the purpose of staking in our collateral pool, liquidity mining, governance and investing in synthetic “Liquids” on investment assets with infinite liquidity and no slippage.
Why is Linear Finance Better?
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Drey Ng, Co-founder
Kevin Tai, Co-founder