Linea, the Ethereum Layer 2 solution under ConsenSys, announced mainnet during the ETHCC conference, and AirDrop related NFTs to participants during the Linea Voyage event. Currently, Linea’s official bridge has launched a 48-hour 0-fee event to invite users to experience the Linea mainnet, and the cross- Rollup bridge project Owlto Finance has launched a 7-day 0-fee event (until July 25). As a newly launched mainnet project, it is believed that the possible mainnet Token AirDrop and ecological project AirDrop will continue to push up the popularity of the Linea network. BlockBeats has sorted out the projects on the Linea network that are worth paying attention to or worth interacting with.
Cross-chain bridge
In terms of cross-chain bridges, according to the official ecological page information, in addition to the official bridge and the well-known Celer (which already supports the Linea mainnet), Li.Fi, Orbiter, and Stargate, there are several uncommon cross-chain bridges that will support Linea mainnet.
Symbiosis
Symbiosis, a multi-chain liquidity protocol, completed a $2 million financing in October 2021, led by Blockchain.com Ventures, Wave Financial, BTC Inc, KuCoin Labs, Injective Labs, DAO Maker, Primitive Ventures, Kairon Labs, Gate.io and Richard Dai participated in the vote. The protocol has been launched for a long time, but it has been tepid. According to DefiLlama data, its current TVL is only 3.53 million US dollars.
Symbiosis does not currently support the Linea mainnet, but has participated in the Linea testnet Galaxy event.
XY Finance
XY Finance, a cross-chain exchange aggregator, completed $12 million in financing in November 2021. Circle, Mechanism Capital, Animoca Brands, Yield Guild Games, Infinity Ventures Crypto, Lemniscap, AppWorks, AnySwap, QCP Capital, Morningstar Ventures, Looksrare.vc, PANONY, CatcherVC and Chainlink Labs vice president of engineering Ben Chan, Linear Finance co-founder Kevin Tai, Dragonfly Capital investment partner Tom Schmidt, Perpetual Protocol CEO Tempo and others participated in the investment.
According to the project’s official website, XY Finance is a decentralized cross-chain exchange and liquidity provider aggregator, aiming to provide users with efficient cross-chain exchange services at the best price. XY Finance has two components, X Swap and Y Pool. X Swap will provide users with cross-chain transfer and exchange services, and Y Pool (coming soon) will provide users with liquidity. According to DefiLlama data, its current TVL is only $3.14 million.
XY Finance currently supports the Linea mainnet.
Owlto Finance
Owlto Finance is a decentralized Cross- Rollup bridge that provides low-cost, safe, and fast asset transfer solutions. The smart contract is audited by the security company Beosin.
Owlto Finance supports asset transfer between Ethereum, Arbitrum, Arbitrum Nova, Optimism, StarkNet, zkSync, Polygon and other networks, allowing users to freely transfer assets between different networks. Currently supports MetaMask, Coinbase wallet and OKX Web3 wallet.
It is worth mentioning that Owlto Finance stated in the official document that the Cross- Rollup bridge is different from other Cross- Rollup bridges based on secure Rollup technology. The asset transfer is the "sender" on the "source" and "target" networks and the EOA address of the "liquidity provider", and the "sender" does not interact with the smart contract address. This design reduces risk, as smart contract addresses may be vulnerable, while EOA addresses are generally more secure.
Owlto Finance's current partners include various mainstream trading platforms, as well as mainstream networks and well-known project parties. In the future, in addition to the Layer2 Cross- Rollup bridge, the Owlto team will also design and develop cross-token transfer and cross-address transfer functions to further enhance the application value of Owlto in the cross-chain field.
Note: Due to frequent security incidents of cross-chain bridges, BlockBeats recommends that users use official bridges or mainstream cross-chain bridges as the main interaction objects to reduce risks.
NFT
Zonic
Zonic is the first officially supported NFT marketplace on Linea. Zonic is a lightweight NFT marketplace, in addition to Linea, Zonic also supports zkSync, Arbitrum (Nova), Polygon and Optimism. Selling NFTs on Zonic is completely free, and the platform charges a fee of 2.5% of the sale price after the sale is complete.
NFTs2Me
NFTs2Me is a free multi-chain platform where users can create, deploy and manage their collections and communities of NFTs. It provides a user-friendly interface for creating NFT items, uploading their digital assets and metadata to IPFS. The platform also provides optimized contract deployment on the blockchain with ultra-low fees and advanced features such as different minting types (sequential, designated, random), minting with any ERC-20 or native coin , no wallet and Upgradable credit card payment contract. It manages NFT collections and their neighborhoods and communities through custom subdomains, minting widgets, permissionlists, whitelists, AirDrop, and token-gated content that only holders can access. At present, some NFT projects have been minted through NFTs2Me and gained attention.
Omnisea
Omnisea is a full-chain NFT Launchpad based on LayerZero and Axelar Network. Creators can issue LayerZero-based cross-chain NFT on the platform. At the same time, the project has issued the token OSEA, and users can obtain part of the platform income as rewards through staking tokens.
At present, Omnisea V2 has been officially launched, and it has reached a cooperation with Zonic to trade and transfer NFT on Zonic.
wallet
Fluvi Wallet
In terms of wallets, in addition to the commonly used MetaMask, OKX Wallet and BitKeep wallets, it is particularly worth introducing an account abstraction wallet called Fluvi Wallet. The wallet supports Google account login and supports 2FA authentication. While ensuring security, it lowers the threshold for non-encrypted users. During the Linea testnet event, the Linea project party specially arranged the installation task of Fluvi Wallet, and provided it with transaction-free gas "preferential treatment", which shows that the wallet is favored by the Linea project party.
DeFi
Although the mainnet has been online for less than a day, as a Layer 2 network launched by ConsenSys, there are naturally many DeFi projects that cooperate with Linea. Its official website shows that there are currently 35 DeFi projects that Linea supports ecology, as follows:
AAVE, Sushiswap, Pancakeswap, AirSwap, Beefy, Bounce, Brian, CashmereLabs, CrossLightning, deBridge, dForce, EchoDEX, FWDX, GridX Protocol, Horizon DEX, Immunefi, Ionic, iZUMi Finance, Kuma Protocol, Kyber Network, Ledgity, LineaBank, Men di Finance, MES Protocol, OpenOcean, Orderly, Qi Dao Protocol, rhino.fi, RubyDex, Squid, Tifo.trade, Velocore Dex, WOOFi, ZKEX.com, zkUSD
It can be seen that most of the above-mentioned DeFi projects that support Linea are old projects, and everyone is familiar with them, so I won’t introduce too much here. The following are some worthy of attention (new projects and native projects on Linea) that will be launched on the Linea mainnet. DeFi projects:
wxya
FWDEX is a decentralized P2P swap platform that provides fixed quotes and zero-slip swap, and the profits earned are shared between users and their token holders.
Kuma Protocol
Kuma is a DeFi protocol that issues interest-bearing tokens backed by traditional fixed-income products. Kuma arose out of the work of two different organizations: Mimo Labs and the newly formed Kuma DAO. Mimo Capital AG uses NFT technology to tokenize bonds, and the KUMA protocol is a decentralized entity managed by MIMO holders, which utilizes these bond tokens and issues KUMA interest-bearing tokens: converting smaller denomination bonds into A token backed by KUMA NFT.
Linea Bank
LineaBank is a lending protocol built on Linea, providing privacy protection and scalability. Users gain full control over their assets and offer competitive interest rates through a decentralized marketplace that eliminates intermediaries.
Mendi Finance
Mendi Finance is a decentralized, non-custodial P2P lending protocol on Linea, similar to AAVE and Compound, designed to provide higher liquidity for the Linea network, or the main lending platform on the Linea mainnet in the future.
Velocore Dex
Velocore is a Solidly fork DEX based on Velodrome code, and it is also a DEX with a higher TVL on zkSync Era.
WOOFi
WOOFi is a DEX launched by WOO Network. WOOFi uses a new on-chain market-making algorithm called sPMM. This algorithm is designed for professional market makers and can better simulate the price, spread and depth of the order book of the centralized trading platform. , so as to provide liquidity on the chain, thereby providing the best quotation and reducing slippage. At the same time, compared with Uniswap V2 and other DEXs using traditional AMM mechanisms, the cost of this mechanism can be greatly reduced. It was previously launched on the BSC chain.
zkUSD
zkUSD is a next-generation DeFi platform that combines collateralized stablecoins and zero-knowledge proofs (zkSNARKs) technology, focusing on privacy, stability and cross-chain interoperability in transactions.
EchoDEX
EchoDEX is the first DEX on the Linea network. Its highlights lie in the platform's low transaction fees and liquidity aggregator function. It has a simple interface and high security. Users can also obtain other tokens through swap, mining, and pledge tokens on the platform. Token ECP rewards. And before that, users can get Linea testnet token through this DEX.
social contact
IDriss
IDriss is a Web3 social application plugin. By installing this plug-in, users can transfer funds to users who also install this plug-in on Twitter. After the transaction request is sent, the user needs to confirm the transfer on the plug-in wallet (such as MetaMask). Currently, the plugin supports Linea mainnet, Ethereum, Polygon, BNB Chain and zkSync Era networks.
Attic
Atticc is a Web3 social platform similar to Lenster. In addition to ordinary social functions, users can also perform reward transfers, NFT casting and NFT transactions through the platform. The platform issued an early bird NFT, Atticc Early Adopter Pass, on the Ethereum mainnet. Users can obtain the platform token ATT by staking this NFT on the platform.
Linea Name Service
The Linea ecological third-party domain name project has been launched on the Linea mainnet. The project was initiated by Star Protocol, a full-chain domain name service provider. As of press time, it currently only supports registration of domain names with a length of 10 to 20 characters.
