What is LineaBank (LAB)?
LineaBank is a lending protocol launched in August 2023. Specifically developed on Linea, which is a product of ConsenSys' zkEVM, LineaBank leverages the capabilities of the Ethereum Virtual Machine. This particular technology foundation not only ensures transparency and security but also extends two vital attributes: privacy protection and enhanced scalability. The zkEVM, by functioning as an optimized blockchain protocol, gives LineaBank its distinct edge. Further setting itself apart, this non-custodial lending platform promises users complete autonomy over their funds while eschewing the traditional intermediaries, resulting in an efficient and decentralized money market.
How LineaBank (LAB) Works
On LineaBank, users are incentivized through multiple channels for their engagement and loyalty. Firstly, the Yield Boosting feature rewards users with augmented APR, a rate that is directly proportional to their $LAB token stake. This not only promotes the holding of $LAB tokens but also results in increased returns for the users. Secondly, the platform's Revenue Sharing system is designed to distribute platform fees among users on a weekly basis, with the distribution quantity contingent upon their token stake. But LineaBank's commitment to ensuring the sustainability of the $LAB token doesn’t end there. An automatic Buyback and Burn system has been integrated into the platform. Here, when users lay claim to their share of platform fees, the system initiates a buyback of $LAB tokens. This not only circulates the tokens back into the system but also sees a significant chunk of the protocol's revenue channeled into burning $LAB tokens.
How Many LineaBank (LAB) Tokens Are in Circulation?
LAB has a total supply of 100,000,000. The current circulating supply of LAB is unknown.
How to Buy LineaBank (LAB)
Consider investing in LineaBank (LAB)? It only takes 2 minutes tocreate an account on Bitget and start trading LAB.
Check out the available LAB trading pairs on Bitget!
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LineaBank (LAB) Resources
Buy LineaBank in Chad with Bitget
Simple 3-step guide to buying LAB today in Chad
Create your free Bitget account
Select a funding method
Complete your LineaBank purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for LineaBank using a payment method of your choice:
Buy LineaBank with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your LineaBank order.
How to buy crypto with credit/debit cardBuy LineaBank with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into LineaBank is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your LineaBank order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your LineaBank order.Buy LineaBank with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your LineaBank order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor LineaBank in your Bitget spot wallet
Bitget—where the world trades LineaBank
How to buy LineaBank for free
- Learn how to earn LineaBank for free through the Learn2Earn promotion
- Earn free LineaBank by inviting friends to join Bitget's Assist2Earn promotion
- Receive free LineaBank airdrops by joining On-going challenges and promotions
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Buy LineaBank in a different country
Chad is a landlocked nation in central Africa. The landscape resembles a narrow basin with mountains encircling it to the north, east, and south. It progressively rises from the region around Lake Chad in the west. The Central African CFA franc is the national currency of Chad, which has a population of 17,506,265 (as of 2022). Using P2P trading and other cryptocurrency deposit methods on the Bitget Platform, you can buy LineaBank(LAB) in Chad in under ten minutes.
The official languages of Chad are French and Arabic. The Bitget app and website are available in both French and Arabic.
Beautiful cities in Chad include N'Djamena, Moundou, Sarh, Abéché, and many more. Wherever you are in Chad, Bitget will be there to give you a secure and straightforward crypto trading experience.
Chad's climate can be classified as tropical with a wet season in the south, semi-desert in the center, and desert in the north. The terrain of Chad exhibits a striking array of topographical contrasts. Only 1% of Chad's population lives in the wide northern third, which is surrounded by the Sahara Desert and is sparsely populated.
Chad gained its independence on August 11th, 1960, and elected François Tombalbaye, a Sara by ethnicity, as its first president. Tombalbaye formed a one-party system and outlawed opposition parties two years later. The Zakouma National Park, Lake Chad, Ennedi Desert, Chad National Museum, N'Djamena Historic Quarter, and Abéché, Chad, are just a few of the breathtaking sites in Chad. Bitget exchange is the most effective cryptocurrency trading platform in Chad.