Linear Finance announces 2.0 upgrade: introducing multi-collateral upgrade and new dApp suite
Linear Finance officially released a detailed introduction to its platform upgrade, Linear 2.0, on Medium. This upgrade marks the evolution of Linear Finance, covering protocol enhancements, updates to the website and brand image, and the release of a series of new decentralized applications (dApps). Key updates include multi-collateral upgrades, allowing users to collateralize three new popular assets, including packaged versions of BNB, Ethereum, and Bitcoin, to generate ℓUSD. This aims to increase the platform's total locked value (TVL) and increase ℓUSD circulation while stabilizing its price through diversified collateral options. In addition, Linear 2.0 also announced its development roadmap for the rest of 2024, including upgrading cross-chain bridges using ChainLink's CCIP technology, launching AI-based chatbots, and market sentiment indicator tools.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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