LINE Token (LINE)

Total Value Locked$35,910

TVL by Chain

Kava$35,910

Key Metrics

Staked$3,163

Protocol Information

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.

Category:CDP