Linear Vault Launch
Linear announced the launch of Linear Vault on Binance Smart Chain which will go live on Wednesday 26th May at 10 am UTC.
Linear Vault is a yield-generating platform for ℓUSD holders. With Linear Vault, you can deposit ℓUSD and receive interest in ℓUSD or BUSD, whichever you chose. Alternatively, users can also earn more LINA in addition to the current Mainnet Buildr Staking Program by depositing ℓUSD-BUSD Pancake LP tokens into the Vault. After rigorous testing and auditing, Linear Vault will be a new addition to the Linear ecosystem, bringing an additional use case to our protocol native stablecoin ℓUSD and provide a passive income opportunity to our fellow ℓUSD Buildrs and Hodlers.
Preparations
– You must have a MetaMask wallet (https://metamask.io/) installed in your browser.
– Chrome/Brave browsers are recommended. Firefox could be buggy.
– Please use a Desktop/Laptop for now while we are still working on full mobile support.
– As Linear Vault runs on Binance Smart Chain (BSC), your MetaMask wallet needs to be set up to the BSC Network. To learn how visit here.
What is Linear Finance?
Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.