This means when traders are losing your debt goes down (you profit) but when they win your debt goes up (you have to buy LUSD to pay your debt). To allow for this, traders are in fact trading against the Linear debt pool, the same debt pool you join when staking. They are creating the asset they want when they buy something, say ℓBTC, and they destroy the asset when they sell. When people trade on Linear Finance, they aren't buying and selling with other people. i changed my rpc and block explorer in network settings in metamask and it fixed it. In order to claim rewards your LINA must be 500% more valuable than your LUSD debt. DO NOT DM with people on ConsenSys Discord, as they are probably scammers. As we just covered, when you stake LINA, you receive 20% of the value in LUSD debt and can use this to trade on the exchange or yield farm. ONLY get help from or We are NOT on Telegram, WhatsApp, WeChat, Instagram, Facebook or any social media platform. You must pay back this debt to unstake your LINA.Īlso you must maintain your p-ratio at 500% to claim rewards. Your starting debt will be 20% the value of your staked LINA (Example: If you stake $1000 you will receive $200 LUSD in debt) You will receive this debt in LUSD and you are free to trade with it, or take it off the protocol. The main thing to know is that when you stake on LINA you become part of the debt pool. Connect with Big T in the Linear Finance Discord! Do not increase the slippage, instead change. If you have further questions on connecting your wallet to the BSC network, 24/7 support is available in the official Discord Group: Ĭredit: Big T (Linear Finance Moderator). me/investorBYoutube To add liquidity on the PancakeSwap protocol, go to Trade > Liquidity. Token Contract Addresses are available at: Crypto.news - The native tokens of Reddits r/CryptoCurrency community, Moons (MOON) and Bricks (BRICK) have recorded an impressive triple-digit price gain. If you wish to add the BSC BEP-20 versions of LINA and various liquid ℓ-assets to your MetaMask, click “Add Token” and select “Custom Token”. You have now successfully connected your MetaMask wallet to the BSC Network.Block Explorer URL: (You can right-click the links above and select Copy Link) Chain ID: 56, or 0x38 if 56 doesn’t work Type in the BSC Network details as follows:.Click on the MetaMask logo then click on the network drop-down menu and click "Custom RPC".Please use a Desktop/Laptop until full mobile support is rolled out. You must have a MetaMask wallet ( ) installed in your browser. This guide helps you connect Binance Smart Chain Network (BSC) to your Metamask web wallet.
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