Linear Price

Governance. Lina token holders will be able to vote on the subject of the agreement, such as synthetic asset list, fee income distribution, mortgage ratio and other linear improvement suggestions. Pledge. Lina token holders can pledge their Lina tokens into the agreement to generate ℓ USD. ℓ USD can be used to purchase synthetic assets on linear exchange or other defi protocols. Users who create ℓ USD are eligible for rewards and part of the transaction costs incurred on linear exchange. The project raised $2.36mm. seed round. 2.40% of the total token supply at a price of $0.00125/lina. The first round of private placement. 3.50% of the total token supply, with a price of US $0.00200/lina. The second round of private placement. 2.67% of the total token supply, with a price of US $0.00300/lina. The third round of private placement. 0.08% of the total token supply, with a price of US $0.00350/lina. Public offering. 0.63% of the total token supply, and the price is US $0.0050/lina.