Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Danumsigwasan on August 17, 2020, 09:47:04 AM



Title: Welcome to Linear Finance
Post by: Danumsigwasan on August 17, 2020, 09:47:04 AM
https://i.imgur.com/EgTQcJf.png

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?

1. Minimal transaction fees and instantaneous execution at every touch point of our protocol — How much of your fortune are you spending on gas fees?

2. A seamless experience for all users, no matter if you are a staker, trader or market maker — Yes, we care about usability!

3. Fairness and transparency throughout Linear Finance’s trading exchange, reducing systemic risk — No more front-running!

4. Built on Ethereum with cross-chain compatibility to maintain connectivity with the DeFi ecosystem.

5. Creative thematic exposures in addition to standard Liquids such as digital assets, commodities, forex, and market indices.

Subscribe to our Medium and stay tuned on how we are building a better synthetic asset protocol.

Join us on Discord (https://discord.com/channels/738363983031173151/738363983031173154), follow us on Twitter (https://twitter.com/LinearFinance) or Telegram (https://t.me/joinchat/Tb3iAhuMZsyfspxhEWQLvw), or visit us at linear.finance (http://www.linear.finance/).

Drey Ng, Co-founder

Kevin Tai, Co-founder

Source of news: https://medium.com/linear-finance/welcome-to-linear-finance-7f3b8b6a26ff


Title: Re: Welcome to Linear Finance
Post by: yptorian on August 17, 2020, 10:51:54 AM
Very Impressed! I have followed them for long time and glad to see things developing like this. Hope it continues this way ahead too!


Title: Re: Welcome to Linear Finance
Post by: FantasyGold on August 17, 2020, 11:45:45 AM
I will be keen watching how it goes.

There is a lot of potential but eventually whether these guys can maintain things right.


Title: Re: Welcome to Linear Finance
Post by: Andrew Parker on August 17, 2020, 11:50:15 AM
https://i.imgur.com/EgTQcJf.png

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?

1. Minimal transaction fees and instantaneous execution at every touch point of our protocol — How much of your fortune are you spending on gas fees?

2. A seamless experience for all users, no matter if you are a staker, trader or market maker — Yes, we care about usability!

3. Fairness and transparency throughout Linear Finance’s trading exchange, reducing systemic risk — No more front-running!

4. Built on Ethereum with cross-chain compatibility to maintain connectivity with the DeFi ecosystem.

5. Creative thematic exposures in addition to standard Liquids such as digital assets, commodities, forex, and market indices.

Subscribe to our Medium and stay tuned on how we are building a better synthetic asset protocol.

Join us on Discord (https://discord.com/channels/738363983031173151/738363983031173154), follow us on Twitter (https://twitter.com/LinearFinance) or Telegram (https://t.me/joinchat/Tb3iAhuMZsyfspxhEWQLvw), or visit us at linear.finance (http://www.linear.finance/).

Drey Ng, Co-founder

Kevin Tai, Co-founder

Source of news: https://medium.com/linear-finance/welcome-to-linear-finance-7f3b8b6a26ff

Not a lot I know about them but the concept is getting popular without any question. So great to see its fast growth


Title: Re: Welcome to Linear Finance
Post by: johnbanana on August 17, 2020, 11:53:13 AM
Sound like a scam also this need to post in the announcement section


Title: Re: Welcome to Linear Finance
Post by: BlokbizICO on August 17, 2020, 11:58:27 AM
The team behind is as good as it can get. I know a lot of them very closely, so very happy for them. If they continue similar level of hard work, it's going to be HUGE.


Title: Re: Welcome to Linear Finance
Post by: Docbee on August 17, 2020, 01:47:03 PM
Well, I'm not against the development actually. We want new things that makes more sense. I don't really see much improvement or characteristics so different from those in existence before.  Just hearing about Li anyway, may be as times go on, there could be better awareness about it.


Title: Re: Welcome to Linear Finance
Post by: Zeehaxan on August 17, 2020, 01:54:48 PM
If it is a well thought out project then definitely community should welcome it because we definitely competition for this niche as the projects and their value is flying. I hope linear finance will be legit and not just diving in to take advantage of the DeFi trend.


Title: Re: Welcome to Linear Finance
Post by: minairia3 on August 17, 2020, 02:10:46 PM
Hello OP are you part of the team? Is there an announcement thread of this project already there? Or this is your personal post regarding it?

Sound like a scam also this need to post in the announcement section
I think its not good to judge easily a project. Ive visited the telegram and looks like they are a decent team. But of course due diligence for every interested crypto users. I know that defi is hype but some concept are real like proxi defi which is supported by credits and tron blockchain.


Title: Re: Welcome to Linear Finance
Post by: Kupid002 on August 17, 2020, 03:07:52 PM
Hello OP are you part of the team? Is there an announcement thread of this project already there? Or this is your personal post regarding it?

Sound like a scam also this need to post in the announcement section
I think its not good to judge easily a project. Ive visited the telegram and looks like they are a decent team. But of course due diligence for every interested crypto users. I know that defi is hype but some concept are real like proxi defi which is supported by credits and tron blockchain.

I Google it I don't find any announcement thread they created for this project . If his one of the representative of that project I think its better to move this thread to announcement  section its fit to be there, or of they can they can make separate announcement thread and make this thread focus on update if they want to also have thread in this section.


Title: Re: Welcome to Linear Finance
Post by: didzi on August 17, 2020, 05:54:15 PM
when i check the site https://www.linear.finance a lot of great plan in this project and the theme look good,
but i can found the team member from this project also i don't see any whitepaper link too
seems weird for me


Title: Re: Welcome to Linear Finance
Post by: target on August 17, 2020, 06:07:26 PM


I check it but site can't be seen. There is an error.

Code:
Site not found
Your request did not find the corresponding site in the web server!

possible reason:

You did not bind this domain name or IP to the corresponding site!
The configuration file does not take effect!
How to solve:

Check whether it has been bound to the corresponding site, if it is confirmed, please try to reload the web service;
Check if the port is correct;
If you use CDN products, please try to clear the CDN cache;
For ordinary website visitors, please contact the website administrator;

What new things does Linear Finance bring for us will not be new because there are lots of Defi already here. LINA ticker by the way is alreay taken which is here https://coinmarketcap.com/currencies/lina/  you'd get people confuse and buy that token instead of yours. The reminder that Defi will be used by scammers soon will seem to come sooner than we thought.


Title: Re: Welcome to Linear Finance
Post by: roycilik on August 24, 2020, 09:48:32 PM
i don't see any whitepaper link too
seems weird for me
Here: https://linear.finance/defi/Linear_Whitepaper_EN.pdf

I check it but site can't be seen. There is an error.
Looks like they gave the wrong link, I just tried the following link: https://linear.finance


Title: Re: Welcome to Linear Finance
Post by: torrantz on August 24, 2020, 10:50:32 PM
Sound like a scam also this need to post in the announcement section
You may wrong about this but the correct thing should be it sounds like a new defi project that wants to follow the hype that is happening right now.

IMO if the idea looks so difficult to be implemented but this is will become another new exchange site as stated on its site.

I suggest you take a look at the site too and try to learn more about that before trying to determine if that was a scam project or not.


Title: Re: Welcome to Linear Finance
Post by: tabas on August 25, 2020, 08:36:43 AM
While I'm scrolling the website, I find it confusing as the design isn't that good for me. Look at your website and see what I'm saying about the scroll.
The motion of downwards of your products doesn't seem to be appropriate as you scroll.


Title: Re: Welcome to Linear Finance
Post by: jacafbiz on August 26, 2020, 04:59:45 PM
Looking at the project can't really say I see anything that would separate it from the current platforms will already have in the space. I want to know if you guys have any MVP, this is very important now in the space if you want people to take you serious and also how much funding has your team received from private investors.