LiNEAR introduces omnichain liquid restaking as part of NEAR's chain abstraction initiative.

As a leading DeFi protocol on NEAR with the highest Total Value Locked (TVL), LiNEAR aims to enhance the security of NEAR's abstracted network through staking. This initiative ensures a secure future for Web3 exposure while addressing safety concerns and decentralization efforts. LiNEAR has pioneered innovative liquid staking features and an automated validator optimization algorithm to bolster safety measures and promote decentralization across NEAR's network, involving over two hundred active nodes.

LiNEAR's objective is to facilitate easier participation in the decentralized web amid NEAR's commitment to simplifying blockchain technology through chain abstraction. By focusing on staking, LiNEAR aims to remove barriers to entry into the multi-chain ecosystem.

The LiNEAR Protocol introduces a crucial safety mechanism with omnichain liquid restaking, leveraging chain abstraction frameworks to provide immediate security using existing blockchain security systems. This approach ensures capital efficiency, allowing blockchain nodes and stakeholders to participate with minimal capital while promoting base layer synchronization.

NEAR's chain abstraction features, including social verification, account linkage, chain signatures, and multi-chain intent relaying, enable users to transact seamlessly across multiple blockchains using a single account and interface.

To achieve this goal, two decentralized frameworks are required: the chain signatures MPC network and the multi-chain gas relayer. The chain signatures MPC network acts as a decentralized signer for users' NEAR accounts, while the multi-chain gas relayer facilitates trustless off-chain relaying of user intentions on different chains.

LiNEAR's liquid restaking service leverages the chain signatures MPC network to mitigate decentralization risks, while the multi-chain gas relayer enables trustless restaked authentication, eliminating the need for trust and allowing users to delegate implementations to the relayer network. LiNEAR Protocol supports safety aspects backed by $NEAR and $LiNEAR tokens, with potential expansion to include assets like $SOL, $BTC, and others in the future.

In summary, LiNEAR Protocol offers an innovative omnichain liquidity staking and restaking platform, leading DeFi protocols on NEAR, and facilitating seamless multi-chain restaking across networks like NEAR, Ethereum, Bitcoin, and more.