LINE Token (LINE)

Total Value Locked101,078 KAVA
Chain Breakdown
Kava101,078 KAVA
Include in TVL (optional)
7,903 KAVA
Staked7,903 KAVA

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

Token Information

Address:0x31f8d3...6214f6

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.