PANews reported on March 27 that the cross-chain synthetic asset protocol Linear Finance tweeted that it would cease operations due to financial difficulties. It said: "After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite years of hard work in innovation and construction, the project has struggled to generate sustainable returns. In addition to a brief period of profitability when it was first launched in 2019/20, Linear Finance has faced increasing financial challenges. The project is funded by personal donations from project owners and token liquidations. Unfortunately, this model is no longer viable. Binance's recent decision to delist the LINA token has accelerated these challenges, resulting in a 65% drop in market value and severe damage to the remaining operating runway. As a result, the project's main stakeholders have collectively decided to withdraw and have resigned. The operations team will contact users with active positions as soon as possible and provide detailed timelines and guidance."