Lien — a new crypto-backed stable coin without over-collateralization

Lien Protocol
Lien
Published in
1 min readApr 1, 2020

White paper: http://lien.finance/pdf/iDOLWP_v1.pdf

Website: http://lien.finance/

Twitter (Follow and get update): https://twitter.com/lienfinance

The Lien protocol allows anyone to create an ETH derivative in a simple, elegant way. The innovative features of this protocol include providing a secure derivatives market with no liquidation involved and enabling a fully decentralized stable coin designed to function without over-collateralization and a cumbersome governance mechanism that you find in MakerDAO.

In addition, the protocol is developed by a group of anonymous developers, making it highly resilient against government control.

If you are interested in learning more about the protocol or helping to develop a new economic system powered by the protocol, you can read the white paper or visit the website.

Please also check out the explainer blog posts that will be published regularly to have a better understanding of how the protocol works.

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Lien Protocol
Lien
Editor for

A governance-less protocol for creating Options & Stablecoins from ETH. https://lien.finance