LINE Token (LINE)

Total Value Locked$68,699

Chain Breakdown
Kava	$68.7k

Include in TVL (optional)
Staking	$4.53k

USD KAVA

Information

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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Token Information

Address:kava:0x3...FA7496

Methodology

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.

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Competitors

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