LINE is a price-protected token. It is issued by borrowing against locking a collateral. If the token's price on DEXes grows after borrowing, the user will be able to sell it for profit. If it falls, the user will be able to repay the loan and get their collateral back (less fees). This is what ensures price protection.
LINE is the first and only price-protected token so far.
LINE was developed by the Obyte (https://obyte.org) team and launched in July 2023 on the Kava network. Since 2016, the Obyte team has developed the Obyte DAG and a number of apps and features that were first of its kind.
LINE token can be borrowed at linetoken.org for GBYTE collateral and bridged to Obyte (https://obyte.org) in order to get a share of Kava Rise rewards. Kava Rise is a program that rewards dapps for the TVL they create on Kava. LINE users contribute to the TVL twice: by locking the collateral to borrow LINE and by bridging the tokens to Obyte via Counterstake bridge (https://counterstake.org). Most of the rewards that LINE and Counterstake dapps receive will be distributed among users who actually create the TVL by borrowing LINE and bridging the tokens to Obyte via Counterstake bridge.
The estimated APY is 8% but it can vary depending on Kava Rise rewards and LINE token price. Even though the rewards can vary, the borrower's LINE position is price-protected, and they can always bridge LINE back to Kava, repay the loan, and get their collateral back (less fees).
Users can also get liquidity mining rewards by providing liquidity to LINE pools on DEXes.
Individual loans can also be sold as NFTs. They represent a put option which is a popular trading instrument used to hedge against the price going down.
For more information please visit https://linetoken.org.
AlphaGrowth offers the latest in crypto analytics and user data for the LINE Token (LINE) cryptocurrency. Updated every 24 hours, our live LINE Token TVL and user graph provide the most accurate data available. Our social media metrics are also second to none, so you can track the success of the LINE Token project and how many users are engaging.
If you are looking for the latest LINE Token charts and metrics check below. We have charts covering a range of stats such as LINE Token TVL, LINE Token Price, LINE Token Social Media followers and more.
One way to get an idea of which cryptocurrencies are most popular is to look at the amount of Twitter followers each one has. LINE Token currently has 13712 followers on Twitter. Track LINE Token historical followers by checking the below chart.
You can track the growth of the LINE Token subreddit from the chart below. The LINE Token subreddit currently has 1821 members. This can give you an idea on if the LINE Token community is engaging a lot online.
A great way to understand LINE Token is to compare similar crypto projects to LINE Token by Categories, Chains, TVL, followers and more. We compare LINE Token and update data every 24 hours to give you the latest Alpha and similar projects.
LINE Token is LINE is a price-protected token. It is issued by borrowing against locking a collateral. If the token's price on DEXes grows after borrowing, the user will be able to sell it for profit. If it falls, the user will be able to repay the loan and get their collateral back (less fees). This is what ensures price protection. LINE is the first and only price-protected token so far. LINE was developed by the Obyte (https://obyte.org) team and launched in July 2023 on the Kava network. Since 2016, the Obyte team has developed the Obyte DAG and a number of apps and features that were first of its kind. LINE token can be borrowed at linetoken.org for GBYTE collateral and bridged to Obyte (https://obyte.org) in order to get a share of Kava Rise rewards. Kava Rise is a program that rewards dapps for the TVL they create on Kava. LINE users contribute to the TVL twice: by locking the collateral to borrow LINE and by bridging the tokens to Obyte via Counterstake bridge (https://counterstake.org). Most of the rewards that LINE and Counterstake dapps receive will be distributed among users who actually create the TVL by borrowing LINE and bridging the tokens to Obyte via Counterstake bridge. The estimated APY is 8% but it can vary depending on Kava Rise rewards and LINE token price. Even though the rewards can vary, the borrower's LINE position is price-protected, and they can always bridge LINE back to Kava, repay the loan, and get their collateral back (less fees). Users can also get liquidity mining rewards by providing liquidity to LINE pools on DEXes. Individual loans can also be sold as NFTs. They represent a put option which is a popular trading instrument used to hedge against the price going down. For more information please visit https://linetoken.org.
Yes LINE Token has the LINE Token. The token is used in LINE is a price-protected token. It is issued by borrowing against locking a collateral. If the token's price on DEXes grows after borrowing, the user will be able to sell it for profit. If it falls, the user will be able to repay the loan and get their collateral back (less fees). This is what ensures price protection. LINE is the first and only price-protected token so far. LINE was developed by the Obyte (https://obyte.org) team and launched in July 2023 on the Kava network. Since 2016, the Obyte team has developed the Obyte DAG and a number of apps and features that were first of its kind. LINE token can be borrowed at linetoken.org for GBYTE collateral and bridged to Obyte (https://obyte.org) in order to get a share of Kava Rise rewards. Kava Rise is a program that rewards dapps for the TVL they create on Kava. LINE users contribute to the TVL twice: by locking the collateral to borrow LINE and by bridging the tokens to Obyte via Counterstake bridge (https://counterstake.org). Most of the rewards that LINE and Counterstake dapps receive will be distributed among users who actually create the TVL by borrowing LINE and bridging the tokens to Obyte via Counterstake bridge. The estimated APY is 8% but it can vary depending on Kava Rise rewards and LINE token price. Even though the rewards can vary, the borrower's LINE position is price-protected, and they can always bridge LINE back to Kava, repay the loan, and get their collateral back (less fees). Users can also get liquidity mining rewards by providing liquidity to LINE pools on DEXes. Individual loans can also be sold as NFTs. They represent a put option which is a popular trading instrument used to hedge against the price going down. For more information please visit https://linetoken.org.
Yes LINE is supported on Kava.
LINE token is supported by following blockchains: Kava
LINE Token is LINE is a price-protected token. It is issued by borrowing against locking a collateral. If the token's price on DEXes grows after borrowing, the user will be able to sell it for profit. If it falls, the user will be able to repay the loan and get their collateral back (less fees). This is what ensures price protection. LINE is the first and only price-protected token so far. LINE was developed by the Obyte (https://obyte.org) team and launched in July 2023 on the Kava network. Since 2016, the Obyte team has developed the Obyte DAG and a number of apps and features that were first of its kind. LINE token can be borrowed at linetoken.org for GBYTE collateral and bridged to Obyte (https://obyte.org) in order to get a share of Kava Rise rewards. Kava Rise is a program that rewards dapps for the TVL they create on Kava. LINE users contribute to the TVL twice: by locking the collateral to borrow LINE and by bridging the tokens to Obyte via Counterstake bridge (https://counterstake.org). Most of the rewards that LINE and Counterstake dapps receive will be distributed among users who actually create the TVL by borrowing LINE and bridging the tokens to Obyte via Counterstake bridge. The estimated APY is 8% but it can vary depending on Kava Rise rewards and LINE token price. Even though the rewards can vary, the borrower's LINE position is price-protected, and they can always bridge LINE back to Kava, repay the loan, and get their collateral back (less fees). Users can also get liquidity mining rewards by providing liquidity to LINE pools on DEXes. Individual loans can also be sold as NFTs. They represent a put option which is a popular trading instrument used to hedge against the price going down. For more information please visit https://linetoken.org.. LINE Token's native token is LINE. LINE token is supported by following blockchains: Kava.