線性融資在交易近五年後關閉

由於盈利障礙和上周其原住民代幣的市值突然下降，線性融資在交易近五年後關閉。

Linear Finance is shutting down after nearly five years of trading, as the protocol faces profitability obstacles and a sudden drop in the market capitalization of its native token last week.

在交易近五年後，線性融資正在關閉，因為該協議在上週面臨盈利能力障礙和其本地代幣市值的突然下降。

The DeFi protocol has "struggled to generate sustainable returns" since its initial launch, a Thursday announcement read.

週四宣布，Fefi協議自初次啟動以來一直在“努力產生可持續收益”。

"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."

“該項目是通過項目所有者和代幣清算的個人捐款組合來資助的。不幸的是，該模型不再可行。”

Linear Finance offered exposure to real-world assets (RWAs) like commodities and forex markets through a crypto asset class called “Synthetics” or “Liquids.” These tokens allowed users to invest in RWAs via a decentralized platform without directly holding the underlying assets. Users could also buy LINA, the project’s native token, used as collateral to mint Linear’s native stablecoin LUSD and participate in governance decisions.

線性融資通過稱為“合成學”或“液體”的加密資產類別提供了現實世界中的資產（RWA）（RWAS），例如商品和外匯市場。這些代幣允許用戶通過分散平台在RWAS上進行投資，而無需直接持有基礎資產。用戶還可以購買該項目的本地令牌Lina，用作Mint Linear的本地Stablecoin Lusd的抵押品，並參與治理決策。

On March 21, Binance announced LINA’s delisting, along with four other digital assets. The delisting was scheduled to take full effect on March 28. According to the protocol’s response on Telegram when it was announced, Linear Finance had no prior warning of the decision.

3月21日，Binance以及其他四個數字資產宣布了Lina的推薦。該妄想計劃於3月28日全面生效。根據協議在宣布的電報上的響應，線性融資沒有事先警告該決定。

"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," Linear Finance said on March 27. According to the protocol, the decision to wind down operations was made "after careful consideration."

線性金融在3月27日表示：“畢業前口最近決定將麗娜·托肯（Lina）代幣推理了這些挑戰，從而使市值減少了65％，剩下的運營跑道大大損失。”

LINA’s market cap fell from about $14 million around March 21 to under $6 million at press time. The token was down over 23% as of writing, according to The Block's price page.

麗娜的市值從3月21日左右的1400萬美元下降到了發稿時的600萬美元。根據Block的價格頁面，令牌的下降幅度超過23％。

Linear Finance added that it would provide an update on the plans for winding down the protocol and returning remaining value to LINA token holders.

Linear Finance補充說，它將提供結束協議並將剩餘價值返回Lina Token持有人的計劃的更新。

Earlier this month, Linear Finance announced that it would be suspending the synthesis of new Liquids and close all running Liquid markets. The protocol also announced that it would no longer be accepting new contributions to the Linear Ecosystem Fund.

本月初，線性融資宣布將暫停合成新液體並關閉所有運行的液體市場。該協議還宣布，它將不再接受對線性生態系統基金的新貢獻。

Linear Finance is shutting down after nearly five years of trading. The protocol, which launched in 2018, was funded through a combination of personal contributions from the project owner and token liquidations. However, Linear says it faced an "ongoing challenge" to generate sustainable returns from its protocol.

經過將近五年的交易，線性融資正在關閉。該協議於2018年啟動，是通過項目所有者和代幣清算的個人捐款組合來資助的。但是，線性表示，從其協議中產生可持續的回報面臨著“持續的挑戰”。

Linear offers exposure to real-world assets (RWAs) like commodities and forex markets through a crypto asset class called “Synthetics” or “Liquids.” These tokens allowed users to invest in RWAs via a decentralized platform without directly holding the underlying assets. Users could also buy LINA, the project’s native token, used as collateral to mint Linear’s native stablecoin LUSD and participate in governance decisions.

線性通過稱為“合成劑”或“液體”的加密資產類別提供接觸現實世界中的資產（RWA），例如商品和外匯市場。這些代幣允許用戶通過分散平台在RWAS上進行投資，而無需直接持有基礎資產。用戶還可以購買該項目的本地令牌Lina，用作Mint Linear的本地Stablecoin Lusd的抵押品，並參與治理決策。

In a recent interview with Blockfolio founder and CEO, Ben Phillips, on the "Impact Investing" podcast, Linear founder and CEO, Simon Bogart, spoke about the importance of investing in protocols that are aligned with an investor's values.

在最近接受BlockFolio創始人兼首席執行官本·菲利普斯（Ben Phillips）的採訪中，在“ Impact Investing”播客中，線性創始人兼首席執行官西蒙·博加特（Simon Bogart）談到了投資與投資者價值一致的協議的重要性。

"I think it's really important for people to be investing in protocols and projects that they believe in and that are making a positive impact on the world," said Phillips.

菲利普斯說：“我認為對於人們投資於他們所相信的協議和項目並對世界產生積極影響的計劃和項目非常重要。”

Linear also faced a setback last week after Binance announced the upcoming delisting of the LINA token, along with four other digital assets. The delisting was scheduled to take full effect on March 28. According to the protocol’s response on Telegram when it was announced, Linear Finance had no prior warning of the decision.

在Binance宣布即將到來的Lina Token以及其他四個數字資產的脫穎而出之後，Linarear上週還面臨挫折。該妄想計劃於3月28日全面生效。根據協議在宣布的電報上的響應，線性融資沒有事先警告該決定。

"Recently, Binance has made the decision to delist the LINA token, which will come into effect on March 28," Binance announced. "The LINA token will be delisted from trading at 3 PM (UTC) on March 28. After the delisting, users will no longer be able to deposit or withdraw LINA on Binance, and the LINA/USDT trading pair will be closed."

Binance宣布：“最近，Binance決定將Lina Token脫穎而出，這將於3月28日生效。” “ Lina令牌將於3月28日下午3點（UTC）從交易中提取交易。在脫穎而出之後，用戶將不再能夠存入或撤回lina binance，而Lina/USDT交易對將關閉。”

"We understand that this news may be disappointing to some users, and we apologize for any inconvenience it may cause."

“我們知道，這一消息可能會讓某些用戶失望，對於可能帶來的任何不便，我們深表歉意。”

Linear confirmed the delisting in a Telegram post on March 21. "We have no prior notice of this decision and are actively working to understand the implications."

線性在3月21日的電報帖子中確認了這一挑選。 “我們沒有事先通知該決定，並且正在積極努力理解這些含義。”

"This decision comes at a critical time for Linear as we are actively seeking new strategic partnerships to continue the project in a sustainable manner. The delisting from Binance will significantly impact the liquidity and visibility of the LINA token, which in turn will affect the project's ability to attract new users and contributors."

“這一決定是在線性的關鍵時刻，因為我們正在積極尋求新的戰略合作夥伴關係，以繼續以可持續的方式繼續該項目。從Binance中提取的將極大地影響Lina Token的流動性和可見性，這反過來將影響該項目吸引新用戶和貢獻者的能力。”

Following the announcement of the delisting, the market capitalization of the LINA token dropped by 65%.

在宣布脫穎而出之後，麗娜令牌的市值下降了65％。

"This will further impact Linear's operational runway and ability to continue operating at its current capacity."

“這將進一步影響線性的運營跑道，並能夠以當前能力繼續運營。”

Linear said it was exploring all options to mitigate the consequences of the delisting and ensure the best possible outcome for LINA token holders.

Linear表示，正在探索所有選擇，以減輕脫落的後果，並確保Lina令牌持有人的最佳結果。

"We are committed to keeping our community informed of any significant developments."

“我們致力於使社區了解任何重大發展。”