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ProtocolsLINE Token

INCLUDE IN TVL:

LINE Token (LINE)

Total Value Locked
$61,561
  .csv
Chain Breakdown
Kava$61,561
Include in TVL (optional)
$4,780
Staked
$4,780

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.