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About LiNEAR Protocol
- LiNEAR Protocol is an omnichain liquidity staking/restaking platform and the largest DeFi protocol on NEAR.
- Features: automatic validator optimization, seamless multichain restaking, and aggregated account.
- $LNR is the governance token for LiNEAR Protocol, empowering users in decision-making and development.
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$LNR use cases:
- Insurance Fund: stake $LNR to cover potential losses, receiving $sLNR as a share of the fund.
- Governance: $sLNR holders set rates, manage delegation strategies, and oversee the protocol treasury.
- Revenue Sharing: $sLNR holders gain a share of protocol
Introducing LiNEAR Protocol: Pioneering the Future of Decentralized Finance
Introducing LiNEAR Protocol: A Revolutionary Blockchain Solution
LiNEAR Protocol is a groundbreaking omnichain liquidity staking and restaking platform, proudly holding the distinction of being the largest DeFi protocol on NEAR. Notably, it has introduced pioneering features, including automatic validator optimization, which substantially decentralizes and secures the network by empowering users to re-delegate to over 200 validators. Furthermore, LiNEAR offers a seamless multichain restaking experience, leveraging an aggregated account to elegantly abstract away the complexity of operating across multiple networks, including Eigenlayer, Octopus, and more.
Lunar (LNR) is a decentralized cryptocurrency that operates on the Binance Smart Chain (BSC) network, leveraging the advantages of decentralized finance (DeFi) and non-fungible tokens (NFTs) to create a unique ecosystem.
The $LNR token serves as the governance token of LiNEAR Protocol, granting users the authority to actively participate in the decision-making process and shape the future development of LiNEAR.
The native cryptocurrency, $LNR, serves multiple purposes:
Insurance Fund – By staking $LNR, users can contribute to a safeguard mechanism designed to mitigate potential losses affecting $bLiNEAR and $LiNEAR. In return, stakers receive $sLNR, a tokenized representation of their share in the fund.
Governance – As the custodians of the protocol, $sLNR holders wield the authority to determine the rates for $LiNEAR and $bLiNEAR staking pools, orchestrate delegation strategies, and exercise oversight of the protocol treasury.
Revenue Sharing – $sLNR holders are entitled to a proportion of the protocol’s agreement revenue, with the potential for incremental increases as the ecosystem expands and flourishes.
Incentive Program – Periodic infusions of new $LNR tokens will be allocated to the insurance fund, thereby fostering enhanced $bLiNEAR-related liquidity and bolstering governance structures.