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Linea.Build — The Home Network for the World — Page 14

Meet zkPass, Proof of Everything Without Oversharing Your Private Data

zkPass is a privacy-centric data protocol that facilitates secure verification without compromising personal data. It is built on the foundation of Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and three-party Transport Layer Security (3P-TLS). The protocol’s feature, TransGate, enables users to selectively and privately validate their data from any HTTPS website to the web3 world. This validation can be applied to various data types such as legal identity, financial records, he...

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Frequently Asked Questions about the Linea Voyage XP

What are Linea Voyage XP (LXP)?Voyage XP are non-transferrable soulbound tokens distributed to recognize the community’s extraordinary contribution toward the growth of the Linea ecosystem. Whether you are a user, a startup, a dapp, or a member of the Linea team, this token will recognize and validate your commitment to Linea’s growth.What are the benefits of LXP?Voyage XP do not have any monetary value. Be cautious of scams: Voyage XP are non-transferable and not bridgeable to other networks...

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Unveiling XFAI - Revolutionizing DeFi Trading on Linea

Ahoy, Linea DeFi Voyagers! We want to introduce you to XFAI, a next-generation Decentralized Exchange (DEX) on Linea. XFAI aims to revolutionize the Decentralized Finance (DeFi) landscape. XFAI is not just another Uniswap fork, it’s a unique architecture with a brand-new set of features. XFAI is creating a reputation within the Linea network for having the lowest gas fees of any DEX on Linea. They have attracted over $2M in total value locked (TVL), comprising over 6% of Linea’s total DeFi TV...

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Understanding Liquidity Provision and Yield Farming

Liquidity provision and yield farming in decentralized finance (DeFi) are critical to understand. Liquidity provision is the backbone of DeFi, allowing for token swaps, loans, and composability of complex DeFi instruments. Yield farming allows users to earn the higher yields and rewards for which DeFi is known. But both concepts come with risks that are important to know before participating. Let’s look at liquidity provision and yield farming in detail, how they work, their risks, and how yo...

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Revolutionizing Blockchain: zkUSD’s Journey with Linea

Welcome to our partner spotlight for today, where we look at zkUSD, a dynamic player transforming the landscape of Decentralized Finance (DeFi) on Layer 2s. This breakthrough stablecoin is not your run-of-the-mill protocol; it advances to a new paradigm, establishing a unique Layer 3 that brings compliant and privacy-focused transaction settlements. Situating itself prominently within DeFi's L2 dynamics, zkUSD pushes the boundaries of what's achievable in the blockchain world, marry...

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Mendi Finance: A Decentralized Lending Protocol on Linea

Gm Linea Fam, We hope you have been having fun on this journey to learn about decentralized finance (DeFi) with us through the Linea DeFi Voyage. As part of Wave 4, focused on lending and borrowing, today we spotlight Mendi Finance, a native lending protocol on Linea. Mendi is a real-yield protocol where all the protocol revenue is distributed to the stakers. What sets Mendi apart is its unique flywheel mechanism, built with its partner ve33 DEX, Velocore.Understanding Mendi’s ModelMendi cate...

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The Importance and Mechanics of Lending & Borrowing in DeFi

Lending and borrowing are the core of decentralized finance (DeFi). For the ecosystem, they provide liquidity to the market, ensure that capital is being used efficiently, and are the springboard for innovative products such as flash loans. For users, lending and borrowing provide them with traditional finance tools such as interest and liquidity, with all the added benefits of decentralization. Let’s look at the details of how lending and borrowing work in DeFi, the key terms you need to kno...

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Introducing HorizonDEX: Linea's Cutting-Edge Decentralized Exchange

HorizonDEX is a decentralized exchange (DEX) that operates on Linea. It stands at the forefront of innovation by being one of the first to deploy smart contracts on Linea Mainnet. HorizonDEX chose Linea for strategic reasons and leverages Linea's zkRollup technology, which is supported by Consensys' zkEVM. This allows HorizonDEX to establish itself as the primary liquidity hub for Linea. Since embarking on this journey with Linea, HorizonDEX has secured a distinctive position within...

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Three Takeaways for L2s from Devconnect 2023

Devconnect 2023, the much-anticipated annual rendezvous for Ethereum developers and enthusiasts, was a grand spectacle set against the vibrant backdrop of Istanbul. From November 13 to 19, the historic city, known for its rich culture and stunning architecture, buzzed with the energy of this decentralized gathering. The event unfolded in thoughtfully curated sessions, hands-on workshops, and engaging social events. The discussions spanned a wide range of topics, from the intricacies of decent...

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A Comprehensive Guide to Token Swaps on Linea

The ability to swap tokens is critical to web3 and decentralized finance (DeFi). Swapping allows you to exchange one token for another, allowing you to leverage the diverse opportunities that many DeFi protocols offer. In this article, we will look at how to swap tokens, how smart contracts work behind the scenes, what the critical terms around swapping mean (such as liquidity and liquidity pools), and how to protect yourself against the risks of token swapping. By the end, you’ll be ready to...

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