The Linen App is a free mobile wallet that enables you to exchange U.S. Dollars for digital dollar stablecoins (USDC) and earn interest on your holdings via blockchain-based lending pools.
It’s 100% free to use the Linen App (iOS/Android), and you can start earning interest with only $5.
In addition, you can withdraw your funds at any time, so there are no commitments.
Plus, you can participate in the Linen App Sharedrop via Republic to earn up to $500 or more of future equity in Linen.
To get a $5 bonus and start earning $500+ equity, Download the Linen App and use Referral Code “19WPAA” during registration.
Once you complete Linen App registration, you must participate in the Linen Sharedrop on Republic to claim over $500 of future equity in Linen.
Please note that the Linen App is not fully launched yet, but you can begin participating in this offer now to start earning future equity.
How Linen App Works
Once you download the Linen App, you can link your bank account and exchange U.S. Dollars for digital dollar stablecoins (USDC).
Your digital dollars will be invested into the Compound Liquidity Pool, which allows you to earn interest on your holdings.
Borrowers can borrow USDC from the Compound Liquidity Pool against their crypto collateral, and repay the loans with interest.
Should collateral value drop below the minimum ratio, Liquidators have the ability to purchase collateral with a 5% discount and pay back USDC to the Compound Liquidity Pool.
You can start with only $5, there is no commitment required, and you can withdraw your funds at any time.
How To Earn $500+ Future Equity in Linen App
1. To get a $5 bonus, Download the Linen App and use Referral Code “19WPAA” during registration.
2. Next, get a $10 bonus when you register to participate in the Linen Sharedrop on Republic (your Republic and Linen App account emails must match).
3. Through Linen’s “Give $5, Get $5” Referral Program, you can earn an additional $5 in future equity for you and your friends.
4. In addition, you can earn a 1.00% APY toward future equity on assets you manage via the Linen App. The maximum balance of assets managed via the Linen App that are eligible for this Sharedrop is $50,000 for a maximum of $500 in future equity earned rewards.
5. Please note that you are earning future equity in the Linen App, and not cash bonuses. The return on these bonuses are only possible if the company either goes public (does an IPO) or gets acquired at a high valuation, which may take years. You have to participate in the Linen App Sharedrop on Republic to claim your future equity.
If you are interested in decentralized finance, check out the Linen App to earn up to $500 or more in future equity.