$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.
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.
$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)
Length: 31 days
Estimated Starting Date: 13th April
TVL target: 5M+
APY target: 20%