Quote from: Danumsigwasan on Today at 09:47:04 AM

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, follow us on Twitter or Telegram, or visit us at 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