TechFlow news, DeFi synthetic asset protocol Linear Finance announced the launch of Linear 2.0. Linear 2.0 will feature protocol enhancements, a new website and brand, and new dApps.
Linear’s multi-collateral upgrade introduces several major changes to how users interact with Linear products.
The upgrade allows users to stake three new popular assets, including BNB, Ethereum, and wrapped versions of Bitcoin, to generate ℓUSD. The diversification of collateral options is expected to increase the total value locked (TVL) on the platform, increase ℓUSD circulating supply, and contribute to its price stability.