Linear is a cross-chain compatible, decentralized synthetic asset protocol, which allows users to cost-effectively and quickly create, trade, and manage synthetic assets (Liquids).
Linear is built on both Binance Smart Chain and Ethereum, allowing users to swap Linear’s assets across both DeFi ecosystems and use them as DeFi building blocks.
LINA is the native utility token of Linear and has the following use cases:
The project raised 2.36MM USD in the following sale rounds:
As of March 18th 2020, the total token supply of LINA is 10,000,000,000 and the circulating supply when listed on Binance is 15.63%.
|Token Type||BEP-20, ERC-20|
|Circ. Supply When Listed on Binance||1,562,815,678 (15.63%)|
|Total Token Supply||10,000,000,000 LINA|
|Discount Sale Token Offered||21,084,000 LINA (0.21084% of total token supply)|
|Discount Sale Token Price||1 LINA = 0.00031044 BNB (0.08537279 USD, using a BNB price of 275 USD)|
Linear is a cross-chain compatible, decentralized synthetic asset protocol to cost-effectively and quickly create, trade, and manage synthetic assets (Liquids).
This is achieved by leveraging fast public blockchains such as BSC as a solution. This brings scalability and cost-savings versus existing solutions and composability between DeFi assets across different blockchains. Linear’s first cross-chain integration is with BSC followed by an integration with Polkadot.
Although Linear’s transactions are done on BSC, Linear maintains connectivity with the Ethereum network through its swap functionality. This allows users to convert their Liquids between Ethereum (ERC-20) and BSC (BEP-20), allowing composability and accessibility between DeFi protocols on Ethereum and BSC.
|Seed Sale Allocation||240,000,000 LINA|
|Seed Sale Token Price||0.00125 USD / LINA|
|Seed Sale Amount Raised||300,000 USD|
|Private Sale 1 Allocation||350,000,000 LINA|
|Private Sale 1 Token Price||0.00200 USD / LINA|
|Private Sale 1 Amount Raised||700,000 USD|
|Private Sale 2 Allocation||266,666,667 LINA|
|Private Sale 2 Token Price||0.00300 USD / LINA|
|Private Sale 2 Amount Raised||800,000 USD|
|Private Sale 3 Allocation||80,000,000 LINA|
|Private Sale 3 Token Price||0.00350 USD / LINA|
|Private Sale 3 Amount Raised||280,000 USD|
|Public Sale Allocation||63,333,333 LINA|
|Public Sale Token Price||0.00450 USD / LINA|
|Public Sale Amount Raised||285,000 USD|
|Seed Sale||2.40% of total token supply|
|Private Sale 1||3.50% of total token supply|
|Private Sale 2||2.67% of total token supply|
|Private Sale 3||0.80% of total token supply|
|Public Sale||0.63% of total token supply|
|Team||10.00% of total token supply|
|Advisors||5.00% of total token supply|
|Exchange Liquidity Allocation||5.00% of total token supply|
|Ecosystem||10.00% of total token supply|
|Community||5.00% of total token supply|
|Reserve||15.00% of total token supply|
|Staking Rewards||40.00% of total token supply|
*Please click here for more details of the token distribution.
The chart above represents the number and breakdown of all LINA tokens that are to be released into circulation on a monthly basis. The release of reserve tokens (15% of total token supply) will be determined at a later stage via DAO Governance.
The initial staking rewards will be sourced from the staking rewards pool (40% of total token supply) and the platform trading fees. As Linear matures, a greater portion of staking rewards will be sourced from platform trading fees.
Current community growth strategies include:
Future community growth strategies include: