Linear Finance and synthetic asset
For ordinary investors, synthetic assets provide an opportunity to bypass the original assets and obtain investment value. The emergence of synthetic assets opens up the connection between real stocks and other traditional assets and the crypto world, and realizes the simulation of certain assets (which can be cryptocurrencies, stocks, gold, commodities, derivatives, etc.) on the chain, including the founder of Binance and many people in the industry, including top analysts and crypto venture investor , are very optimistic about synthetic assets. As a new financial instrument composed of a variety of assets/derivatives, every ordinary person can enjoy economic freedom and access to the maximum. Self-control and equal rights in financial services.
The strongest alchemy "Linear Finance"
According to statistics, the global unmet financial demand is as high as 5.2 trillion U.S. dollars. In contrast, the DeFi market is only tens of billions of U.S. dollars. The centralized management of traditional financial institutions often leads to unfair resource allocation. How to break the shackles such as geographical barriers, high transaction costs, and liquidity restrictions become the key?
Difficulties are often accompanied by challenges and opportunities. Under the background of this era, there were Synthetix before and then innovators such as Linear Finance. A brand-new synthetic asset heat wave opened its journey.
Linear Finance is the world's first non-custodial, cross-chain compatible decentralized Delta-One synthetic asset protocol, which can create, trade and manage synthetic assets (called Liquid in Linear Finance), and a large number of new projects have emerged in DeFi . At the same time, Linear Finance stands out with its unique market positioning and focus on pain points.
Compared with other synthetic asset agreements, Linear Finance is faster, more cost-effective, safer and easier to use, and can provide investors with 360-degree investment exposure from digital assets, commodities, foreign exchange, to market indexes and even subject indexes, while having good user interface and experience, users can easily get started, and there are 24/7 support staff to answer questions online, dedicated to promoting the "popularization" of traditional and digital investment products.
Linear Exchange perfectly supports the instant confirmation and immediate completion of a variety of synthetic asset product transactions, allowing the public to open/close positions and manage various types of investment assets simply and freely. At the same time, because it is a synthetic asset exchange, users can enjoy unlimited liquidity, and the transaction price will not be affected by large orders. Compared with competitors at the Linear Exchange level, transactions on Linear are faster and cheaper. By placing smart contracts with a large workload on the Binance smart chain, which has a high TPS and low fuel costs, Linear users can perform various links of the Linear protocol (for example: pledge/de-stake, create/destroy stablecoin ℓUSD/synthetic assets, claim rewards, execute transaction execution and obtain oracle price updates) enjoy fast transactions, and miner fees are much lower than Ethereum.
Linear Exchange can solve the problem of interoperability of encrypted currency centralized exchanges. The purpose is to reduce the cumbersome steps of cross-asset investment and broaden the scope of investable assets. At the same time, in Linear Finance, its asset prices are always true and updated in time according to market conditions, because Linear Finance has a direct way to obtain prices on the Band Protocol.
Summary
In terms of the track advantage of synthetic assets, the market stock is huge, and the future prospects are broad. In terms of the product's cross-chain experience advantage, it not only meets the advantages of high-performance block protocols, but also makes up for the lack of high gas and congestion on ETH. From the perspective of the development process of the project, it has been outstanding since the test. The strong momentum of development makes its future full of broader imagination. Linear Finance may become the next "unicorn" on the synthetic asset track.
