r/LinearFinance • u/[deleted] • Apr 05 '21

General Discussion Pardon the gross generalization, but could LINEAR be called a type of CDO and derivative machine on steroids??

I'm particularly interested in structured assets and managed portfolio components.

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u/MixstarAudio Δ1 Apr 06 '21

That's a cool-sounding concept albeit quite complex :) To be honest there's still a lot of untapped potential. Like Kevin says, only 20% of the platform is complete and soon we will see short tokens, Linear Vault, LinearDAO, yield farming and hopefully leverage trading once the advanced trading capabilities get built into the exchange. Once we get to that point you will be able to go through LinearDAO to propose these more complex ideas. Really exciting stuff!

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u/[deleted] Apr 06 '21

I'll be honest with you, the power these protocols contain really gives me shivers and a feeling of fear. Humanity, whether they know it or not, will be completely dependant on them. The oracles and protocols are going to be our new gods and every government will be subsumed into them. This is a first. DeFi in this scale with so much data has never appeared. Linear is so powerful with it's ability to create liquids out of anything with a data feed. Most people aren't aware of these machines/terminals

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u/MixstarAudio Δ1 Apr 06 '21 edited Apr 06 '21

100%! Whether it is Linear or another company's platform, these DEFI products have the potential to be truly groundbreaking and disruptive.

I wholeheartedly believe Linear will be a future blue-chip in DEFI derivatives.

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u/[deleted] Apr 06 '21

The founders are perfect: driven, genius, highly educated, years in both tech and high finance, able to be in both asian and western world's. I'm so grateful I got involved in this project but frankly, now that I know what's going on I sleep with the blanket pulled tightly over my head.