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LiNEAR Protocol LNR (LNR) is a groundbreaking staking protocol that allows users to earn high yields by staking popular cryptocurrencies like $NEAR and $ETH. By leveraging the Optimization Algorithm, LiNEAR enables users to delegate their funds to up to 200 active nodes, ensuring decentralization and security on the NEAR network. LiNEAR also aims to bring increased decentralization to the Ethereum network.
One of the unique features of LiNEAR Protocol is the introduction of its first-of-its-kind Omnichain Liquid Restaking Token (bLiNEAR). This token allows users to restake native $NEAR tokens and earn higher and more diversified yields. By engaging with various DeFi protocols on NEAR and Aurora, users can amplify their rewards and maximize their yield from staked assets.
As a governance token, $LNR empowers users to set rates for liquid staking and restaking pools, manage delegation strategies, and oversee the protocol treasury. Additionally, by staking $LNR into the insurance fund, users can protect against potential losses incurred by liquid staking and restaking tokens. Stakers receive $sLNR as a representation of their share in the fund and can earn a share of the protocol’s agreement revenue through a revenue-sharing program. With its enticing features and wide-ranging applications, LiNEAR Protocol LNR offers a simple and rewarding way to stake and participate in the DeFi ecosystem.
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