LUSD-Linear FinanceDetailed Description

LUSD-Linear Finance Detailed Description

LUSD is a stable currency issued by Linear Finance, a cross-chain synthetic asset agreement. 1 LUSD is approximately equal to 1 US dollar. Users provide collateral assets to the debt pool of the Linear Finance platform to "build" LUSD. LUSD can be used to purchase synthetic assets (Liquids) on the Linear exchange, or for other protocols or DApps in the DeFi ecosystem.