InformationTVL

LINE Token (LINE)

Total Value Locked$8,674

TVL by Chain

Kava$6,624

staking$2,051

Key Metrics

Staked$2,051

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

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Methodology

TVL: The TVL is calculated as USD value of the collateral locked for issuing LINE tokens, staked LP tokens of incentivized pools, and the balances of pending orders on the options market.View code on GitHub

Competitors

Kava Mint ($26.39m)Abracadabra Spell ($16.2m)mirrosset ($0.36)