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 Honduras with Bitget
Simple 3-step guide to buying LAB today in Honduras
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
Honduras, officially the Republic of Honduras, is a country in Central America. It is bordered by Guatemala to the west, El Salvador to the southwest, Nicaragua to the southeast, the Pacific Ocean to the south, and the Gulf of Honduras to the north. Honduras covers 112,492 square kilometres and has a population of almost 10 million. Spanish is Honduras’s official language and is natively supported by Bitget app and website.
Like other countries in the Caribbean region, Honduras contains immense biological resources. It is considered a biodiversity hotspot with over 6,000 species of vascular plants and hundreds of reptile, bird, and mammalian species. Río Plátano Biosphere Reserve, located in northeast Honduras, was designated as a World Heritage in Danger by UNESCO. Honduras is also known for its ample natural resources, including timber, gold, silver, copper, lead, zinc, and many more.
Honduran lempira (HNL) is Honduras’ official currency. With Bitget, you can purchase cryptos in just a few minutes, no matter where you are in the country, whether it's Tegucigalpa, San Pedro Sula, or La Ceiba. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.