💻 Let's dive into the mechanics of #Linear's Debt Pool. Stake $LINA or wrapped version of #BNB, #ETH, or #BTC to mint ℓUSD at a P-ratio of 350%. What's a P-ratio you may ask? It's the pledge ratio required to secure your position, ensuring you stake $3.5 in LINA or any other accepted asset for every $1 of ℓUSD. ➡️ The debt pool acts as the counterparty for all trades, allowing seamless transactions without needing a direct opposite party, enhancing liquidity, and reducing slippage. Remember, profits gained from trades impact the overall pool, with gains and losses absorbed by all participants collectively. 😎 Experience #DeFi on Linear 2.0 as we innovate #crypto trading together.
![](https://public.bnbstatic.com/image/pgc/202210/0b1dcca1c4ee6eee70ac0b055cf6a0d8.jpg)
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