$LINA

Much stronger

Linear Builder

This decentralized application for collateral pool and Liquids management allows users to create Liquids using LINA tokens as underlying collateral. Going forward, Buildr will accept a mixture of LINA tokens and other digital assets as collateral and stabilize the LINA token economy by setting a threshold on the size of accepted non-LINA tokens.

To create Liquid, they must be over-collateralized, that is, the value of the collateral must exceed the value of Liquid. Initially, the staking ratio will be set at 500% to drive long-term growth despite potential volatility or black swan events. Over time, the staking ratio can be gradually optimized through adjustments through LinearDAO community voting. Since the LINA price may change, the staking ratio will also vary. When it increases, users can build more Liquids, but if it drops, users must invest more LINA or destroy some Liquids. Through the Buildr dApp, users stake their LINA to build the protocol’s stablecoin lUSD, which can then be spent on exchanges.