LiNEAR Protocol Staked NEAR Staking

To earn a yield on your NEAR via LiNEAR Protocol, you should ensure you have NEAR tokens in your Near Wallet. Then you can stake your NEAR tokens by following the steps below:

Step 1: Go the LiNEAR Staking Portal and click on the “Connect wallet” button at the top-right corner, approve the authorization.

Step 2: Type in the amount of NEAR you want to stake.

Step 3: Click the “Stake” button and approve the transaction in your wallet.

Once you have staked your LINEAR, there are things you need to consider going forward:

• You can unstake your LINEAR and receive back NEAR instantly with no waiting time, while a small portion of fees will be charged. Or you can choose to delay unstaking until 49 hours after so that there is no fee being involved.
• Also, note that there is a 1% commission fee on your NEAR staking rewards.

When the new epoch begins, staking rewards in the last epoch are compounded automatically into the staked NEAR and reflected by LINEAR price appreciation.

Whilst we want to ensure staking is as safe and transparent as possible, there are still things to consider regarding whether a specific staking option is right for you:

Slashing risk: There is no slashing risk involved when staking NEAR tokens on LiNEAR Protocol.

Unbonding risk: For unstaking, you can choose 1) instant unstaking with a 0.3 ~ 3% fee collected or 2) delayed unstaking without any fees, where your NEAR will only be available in approximately 49 hours. Crypto markets are highly volatile, and investors need to be aware that they cannot sell their tokens immediately unless they pay the unstaking fee. In such a case, they first need to wait 49 hours for the tokens to unbond before they become liquid. Please take note that the cooldown period can be further extended by the governance. Consider keeping funds liquid if you do not intend to hold NEAR long-term.

Protocol security risks: There is an inherent risk that the protocol could contain unknown bugs. This not only applies to staking but your BRRR investment in general.

Please note that this is not an exhaustive list of all the risks related to staking.

LINEAR is the Liquid Staking Derivative token of LiNEAR Protocol. You can stake NEAR via the protocol, receiving PoS staking rewards the same as every other NEAR staker, but also receive liquid LINEAR token which could be used in DeFi protocols. The price of LINEAR goes up each epoch with staking rewards being accrued into the underlying staked NEAR. The token utilities of LiNEAR are:

Token Utility

• DeFi: By staking NEAR tokens, you can use LINEAR in various DeFi protocols on NEAR and Aurora or swap back to NEAR at any time. You can explore DeFi yields on top of your staking rewards.

The tokenomics of LINEAR are subject to the NEAR tokenomics.