Linear Finance (@LinearFinance): Notice of Closure

Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of profitability during our initial launch in 2019/20, Linear Finance has faced increasing financial challenges. The project has been funded through a combination of personal contributions from the project owner and token liquidations. Unfortunately, this model is no longer viable. The recent decision by Binance to delist the LINA token accelerated these challenges, resulting in a 65% reduction in market capitalization and a significant loss of the remaining operational runway. As a result, the project’s key stakeholders have made the collective decision to wind down and have already exited their positions. Our Operations Team will be in touch shortly with clear timelines and step-by-step instructions for users with active positions across our dApps. To our community, supporters, and partners — thank you for being a part of our journey. We deeply appreciate your belief in the vision of Linear Finance and wish you every success in the future. Sincerely, The Linear Finance