Project Description
$LiNEAR is the staking derivative token minted by LiNEAR Protocol, the liquid staking protocol built on NEAR native. Users stake $NEAR via LiNEAR Protocol, receiving $LiNEAR tokens back whose value appreciates with $NEAR staking rewards accumulated. LiNEAR gives NEAR HODLers the opportunity to enjoy staking rewards and participate in DeFi at the same time.
Project plan/development
LiNEAR will support staking farm soon, and will make itself the most fundamental DeFi lego in NEAR ecosystem, in collaboration with top lending protocols, stablecoins, and more.
Farming goals/narrative
$LiNEAR market cap will rise rapidly, and it’s for mutual benefit of both LiNEAR and Ref to deploy $LiNEAR/$NEAR pool on Ref and kickstart farming.
We propose the following farm:
Pair: $LiNEAR <> $wNEAR
Type: Double rewards $Ref and $NEAR ($NEAR provided by LiNEAR Protocol)
$REF: 10,000/week
$NEAR: 250/week
Length: 31 days
Estimated Starting Date: 13th April
TVL target: 5M+
APY target: 20%