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LiNEAR Protocol news
About LiNEAR Protocol
What is LiNEAR Protocol
LiNEAR Protocol is an innovative omnichain liquidity staking/restaking platform and the largest DeFi protocol on NEAR. It pioneered revolutionary features such as automatic validator optimization, which significantly decentralizes and secures the network by allowing the users to re-delegate to 200+ validators. LiNEAR offers seamless multichain restaking using an aggregated account to abstract aways the complexity operating across multiple networks, such as Eigenlayer, Octopus, and more.
What is $LNR
$LNR is the governance token of LiNEAR Protocol that empowers users to participate fully in the decision-making of LiNEAR and influence its development.
$LNR is used for:
Insurance Fund - Users can stake $LNR into an insurance fund, designed to cover potential losses incurred to $bLiNEAR and $LiNEAR. Stakers receive $sLNR as a representation of their share of the fund.
Governance - $sLNR holders have the power to set rates for $LiNEAR and $bLiNEAR staking pools, manage delegation strategies, and oversee the protocol treasury.
Revenue Sharing - $sLNR holders gain a share of the protocol’s agreement revenue, with potential increases as the ecosystem grows.
Incentive Program - New $LNR tokens will periodically be introduced into the insurance fund, promoting $bLiNEAR-related liquidity and strengthening governance.
The live LiNEAR Protocol price today is $0.006299 USD with a 24-hour trading volume of $25,543.27 USD. We update our LNR to USD price in real-time. LiNEAR Protocol is down 0.44% in the last 24 hours. The current CoinMarketCap ranking is #4362, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 LNR coins.
If you would like to know where to buy LiNEAR Protocol at the current rate, the top cryptocurrency exchanges for trading in LiNEAR Protocol stock are currently Gate.io, CoinEx, and Ref Finance. You can find others listed on our crypto exchanges page.