We provide access to the Compound protocol that generates yields from borrowers. Loans issued by the Compound protocol are overcollateralized (115-150% of the loan value) and are monitored for liquidations in real-time.
Funds are held on and accessible only from your mobile device. Linen never has access to your funds. We simply provide software and service to access Compound lending pools. We are neither a lender nor a borrower.
Linen Cash is a software and service developed by Linen Mobile, Inc. Linen Mobile, Inc. is not a bank and the cash or digital cash (USDC
) you deposit using Linen mobile app will not be stored at a bank. Your funds are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other federal, state or local agency.
We secure the app with Apple Passcode, Face ID or TouchID.