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DeFi Protocol Linear Finance Abruptly Shuts Down After Binance Delisting and Financial Losses

  • DeFi protocol Linear Finance has abruptly shut down following the delisting of its native token LINA by Binance.
  • Linear Finance faced financial challenges and an unsustainable financial model, relying on token liquidations.
  • Binance's delisting caused a sharp decline in LINA's market capitalization and trading prices.
  • Linear Finance will provide instructions for users with active positions on its decentralized applications (dApps).

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