LiNEAR introduced Omnichain Liquid Restaking with the first aim of advancing NEAR’s chain abstraction.
LiNEAR is the leader in NEAR’s DeFi protocol and holds the largest TVL. We plan to improve the safety aspects of NEAR’s chain abstraction network through staking. This will bring about a safe future for chain skeptics and abstracted Web3 exposure. We have done our best to advance the ecosystem, starting with our unique liquidity staking feature and automatic validator optimization algorithm. This helps improve safety issues and decentralize the NEAR network by redistributing stakes across the 200 active nodes.
LiNEAR’s goal is to provide a more convenient way to participate in the decentralized web. In line with the NEAR ecosystem’s commitment to advance chain abstraction by removing the complexities associated with blockchain technology, the company is focusing on staking to remove barriers to entry into the multi-chain ecosystem.
The LiNEAR protocol will provide an important safety prototype through Omnichain liquid re-staking. Re-staking can leverage the chain abstraction framework to leverage current blockchain safety systems to provide immediate safety. Ensures capital efficiency by providing nodes and stakers on the blockchain with minimal capital and the option to participate in additional base layer synchronization.
NEAR’s chain abstractions include social verification, account addition, chain signing, and multi-chain intent relay. This allows users to transact across multiple blockchains using a single account and interface.
Achieving the goal requires two decentralized frameworks: a chain signature MPC network and a multi-chain gas relay. The former acts as a decentralized signer for users’ NEAR accounts. For multi-chain gas, the relay comes with an off-chain relay that implements the user’s intent on a separate chain.
LiNear’s liquid re-staking service plans to leverage a chain-signed MPC network to reduce the risks associated with decentralization. In the same way, multi-chain gas relays can operate in a trustless manner through re-stake authentication. This removes the element of trust and allows users to delegate implementation to the relay network. All safety aspects can be backed by $NEAR and $LiNEAR, as well as more assets such as $SOL, $BTC, etc.
LiNEAR Protocol is a creative omnichain liquidity staking and re-staking platform and NEAR’s DeFi protocol leader. We have introduced features such as automatic validator maximization, which helps decentralize and secure the network by giving users the option to delegate over 200 validators. Provides seamless multi-chain re-staking across networks such as NEAR, Ethereum, Bitcoin, and more.