LINEA
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Alert šØ šØ šØ šØ Layer-2
Some coins shout for attentionā¦ others grow in silence.
Arbitrum is the quiet giant of crypto ā building the biggest Ethereum Layer-2 while the crowd chases hype.
Buy it. Hold it for 3 months.
Ignore the noise. also Linea coming so big chance of hype L2 in this bull run .
When the market wakes up, youāll already be ahead
#ARB #Layer2Coin #Linea #OP #Zksync
Some coins shout for attentionā¦ others grow in silence.
Arbitrum is the quiet giant of crypto ā building the biggest Ethereum Layer-2 while the crowd chases hype.
Buy it. Hold it for 3 months.
Ignore the noise. also Linea coming so big chance of hype L2 in this bull run .
When the market wakes up, youāll already be ahead
#ARB #Layer2Coin #Linea #OP #Zksync
See original
I am increasingly looking forward to Linea.
Linea's person in charge @DeclanFox14 released 42 on August 8;
@efrogs_on_linea founders countdown of 41, 40, 39 for three consecutive days;
The bloodline of Linea and Ethereum and the expectation of a potential ATH of $ETH ;
The historical verification of Crypto airdrops points to the big bull season in September.
All evidence points to the TGE time of Linea:
September 17, 2025.
#Linea
Linea's person in charge @DeclanFox14 released 42 on August 8;
@efrogs_on_linea founders countdown of 41, 40, 39 for three consecutive days;
The bloodline of Linea and Ethereum and the expectation of a potential ATH of $ETH ;
The historical verification of Crypto airdrops points to the big bull season in September.
All evidence points to the TGE time of Linea:
September 17, 2025.
#Linea
See original
After LINEA announced the economic model, although the token airdrop criteria were not disclosed, I can still analyze simply whether "LINEA is a big deal" based on some current data.
0. Data Reference
Dune Dashboard: https://dune.com/nvthao/linea-voyage-dashboard
1. Total Airdrop Amount
Total Issuance: 72 billion $LINEA
Airdrop Ratio: 9%, which means 6.48 billion $LINEA is allocated for airdrops (to LXP holders)
2. Number of Valid LXP Participating in Airdrop
Total Issuance: 2.62 billion LXP
Valid (through POH): 1.83 billion LXP
3. How much $LINEA can LXP obtain?
Assuming the threshold is set at 1000 LXP (median value)
Excluding the non-qualifying part, valid LXP: 1.747 billion
Each LXP can receive: 64.8 Ć· 1.747 ā 3.7 $LINEA
For example: Holding 3000 LXP can yield approximately 11100 $LINEA
4. Market Valuation (Reference Aevo)
Estimated Price: $LINEA ā 0.05 USDT
11100 Ć 0.05 = 555 USD
5. Conclusion: Is it a "big deal"?
The airdrop value is about 500+ USD per account. Although it's not a "get-rich-quick big deal", it is still a decent medium-sized airdrop in the current market.
#Linea
0. Data Reference
Dune Dashboard: https://dune.com/nvthao/linea-voyage-dashboard
1. Total Airdrop Amount
Total Issuance: 72 billion $LINEA
Airdrop Ratio: 9%, which means 6.48 billion $LINEA is allocated for airdrops (to LXP holders)
2. Number of Valid LXP Participating in Airdrop
Total Issuance: 2.62 billion LXP
Valid (through POH): 1.83 billion LXP
3. How much $LINEA can LXP obtain?
Assuming the threshold is set at 1000 LXP (median value)
Excluding the non-qualifying part, valid LXP: 1.747 billion
Each LXP can receive: 64.8 Ć· 1.747 ā 3.7 $LINEA
For example: Holding 3000 LXP can yield approximately 11100 $LINEA
4. Market Valuation (Reference Aevo)
Estimated Price: $LINEA ā 0.05 USDT
11100 Ć 0.05 = 555 USD
5. Conclusion: Is it a "big deal"?
The airdrop value is about 500+ USD per account. Although it's not a "get-rich-quick big deal", it is still a decent medium-sized airdrop in the current market.
#Linea
Linea has finally announced its token economic model
It is rumored that a snapshot has been completed, and there will be no witching, but the official airdrop query has not been announced
Currently, there are no off-exchange prices or futures prices for Linea, but some estimates are as follows:
Ā· Based on an FDV of 5 billion USD:
1LXP = 3.5LINEA
1LINEA = 0.07 USD
Not necessarily accurate, but can be used as a reference
#Linea
It is rumored that a snapshot has been completed, and there will be no witching, but the official airdrop query has not been announced
Currently, there are no off-exchange prices or futures prices for Linea, but some estimates are as follows:
Ā· Based on an FDV of 5 billion USD:
1LXP = 3.5LINEA
1LINEA = 0.07 USD
Not necessarily accurate, but can be used as a reference
#Linea
@CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
@CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
See original
The Linea network activates automatic Ethereum staking via Lido
šø Details:
ā¢ The Linea network, built on zkEVM, has smartly integrated with Lido Finance.
ā¢ Now, any bridged ETH is automatically staked and earns yields through stETH.
ā¢ The idea is that the user does not need to take any action to earn the yields.
ā¢ This step is considered an improvement to the economics of the Linea network and an incentive to attract users and developers.
š Analysis:
Competition among Layer 2 solutions is rising, and Linea focuses on providing exceptional benefits that enhance the end-user experience and increase retention rates.
š Suggested hashtags:
#Linea #LidoFinance #stETH #EthereumStaking #Layer2 #zkEVM #BridgedETH #DeFi #PassiveIncome #AutoStaking
#crypto
#Ethereum #autostaking #defi
$ETH
šø Details:
ā¢ The Linea network, built on zkEVM, has smartly integrated with Lido Finance.
ā¢ Now, any bridged ETH is automatically staked and earns yields through stETH.
ā¢ The idea is that the user does not need to take any action to earn the yields.
ā¢ This step is considered an improvement to the economics of the Linea network and an incentive to attract users and developers.
š Analysis:
Competition among Layer 2 solutions is rising, and Linea focuses on providing exceptional benefits that enhance the end-user experience and increase retention rates.
š Suggested hashtags:
#Linea #LidoFinance #stETH #EthereumStaking #Layer2 #zkEVM #BridgedETH #DeFi #PassiveIncome #AutoStaking
#crypto
#Ethereum #autostaking #defi
$ETH
@CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
Highlights this week:
Michael Saylorās Strategy acquires 21,021 BTC for a total of $2.46B, bringing their total holdings to 628,791 BTC.
Centralized exchange, #Kraken , is expected to raise $500M in an upcoming IPO, at a $15B valuation.
The SEC authorizes the in-kind creation and redemption of Bitcoin and Ethereum spot ETF products.
NARRATIVE OF THE WEEK š°
Interactive Brokers considers the development of its own #Stablecoins for its customers, in consideration of looser regulations surrounding stablecoins.
#eToro introduces tokenized stock trading, built on ERC-20 tokens, alongside 24-hour trading.
MAJOR PROJECT UPDATES šļø
Binance introduces #RWUSD a new Earn product backed by RWAs, such as tokenized US treasury bills. Users can subscribe to the product with eligible stablecoins such as USDT and USDC.
Monad mainnet is teased for launch at the end of September 2025.
Ethereum L2, #Linea , introduces native ETH yield on Linea, as well as a protocol-level burn of 20% of all network fees.
NFT marketplace, SuperRare, has been exploited for $730K worth in RARE tokens. A patch has since been deployed and other funds on the platform remain unaffected.
$BTC $ETH $RARE
See original
Airdrops are merely a balancing of interests among four parties:
KOL / Big Investors / Small Investors / Insider Traders
@LineaBuild focuses on small investors, @TreehouseFi focuses on big investors, @defidotapp focuses on KOLs, @EclipseFND focuses on insider traders.
As long as it's not heavily insider trading, there will be specific groups to rally for the project.
There is no right or wrong; your position determines your perspective.
#Linea
KOL / Big Investors / Small Investors / Insider Traders
@LineaBuild focuses on small investors, @TreehouseFi focuses on big investors, @defidotapp focuses on KOLs, @EclipseFND focuses on insider traders.
As long as it's not heavily insider trading, there will be specific groups to rally for the project.
There is no right or wrong; your position determines your perspective.
#Linea
See original
LINEA Airdrop Scenarios
With Linea releasing its tokenomics, letās take a closer look and think about potential LINEA airdrop scenarios.
LINEA details
Total supply: 72 billion LINEA
Circulating supply at TGE: 15.8 billion LINEA (about 22%)
- 75% ecosystem growth, public goods funding, research and development
- 15% Consensys treasury (locked for 5 years)
LINEA details
Total supply: 72 billion LINEA
Circulating supply at TGE: 15.8 billion LINEA (about 22%)
- 75% ecosystem growth, public goods funding, research and development
- 15% Consensys treasury (locked for 5 years)
@CoinMarketCap Spotlight | 30 Jul 2025
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #sui treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #sui treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
@CoinMarketCap Spotlight | 30 Jul 2025
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #SUÄ° treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #SUÄ° treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
1 LXP =?
1500 LXP = 6180 x $0.02 = $120 š
Linea Voyage
View your minted LXP and LXP-L balances, POH status, and Linea ENS domain inside of MetaMask!
Please install MetaMask first.
After installing the Snap, open the Snaps menu in MetaMask and click on Linea Voyager to view your minted LXP and LXP-L balances, POH status, and Linea ENS domain. #ETH #Linea #lxp #Airdrop
1500 LXP = 6180 x $0.02 = $120 š
Linea Voyage
View your minted LXP and LXP-L balances, POH status, and Linea ENS domain inside of MetaMask!
Please install MetaMask first.
After installing the Snap, open the Snaps menu in MetaMask and click on Linea Voyager to view your minted LXP and LXP-L balances, POH status, and Linea ENS domain. #ETH #Linea #lxp #Airdrop
Linea is allocating 10% airdrop, and 9% will go to LXP holder.
Minimum thresholds is likely will be implemented to not diluted the reward more.
I remember there is talk about 1500/2000 LXP thresholds.
š¤ If a 1500 LXP limit is applied around 290k wallets could be excluded reducing the eligible count to 490k.
š¤ if the 2000 LXP limit is applied the eligible wallet count would drop to around 369k.
Regardles that it's likely there will be another factor too.
We wait for 2 years for this, will you make it if the threshold is applied?
tbh i only have 2500 LXP and my expectation is on the bottom rn.
#Airdrop #Linea
Minimum thresholds is likely will be implemented to not diluted the reward more.
I remember there is talk about 1500/2000 LXP thresholds.
š¤ If a 1500 LXP limit is applied around 290k wallets could be excluded reducing the eligible count to 490k.
š¤ if the 2000 LXP limit is applied the eligible wallet count would drop to around 369k.
Regardles that it's likely there will be another factor too.
We wait for 2 years for this, will you make it if the threshold is applied?
tbh i only have 2500 LXP and my expectation is on the bottom rn.
#Airdrop #Linea
See original
Linea announces token launch plans, collaborating with SharpLink and other companies for distribution
Ethereum's layer-2 network, Linea, has just announced plans to launch its own token (#Linea ) and an ecosystem fund to strengthen its position as the best destination for Ethereum capital.
Strategy to support Ethereum and operational mechanisms
Linea, created by Consensys, is strongly committed to the Ethereum platform through new mechanisms such as base yield on bridged ETH and a burn mechanism $ETH . The company has also established the Linea Consortium, a group of companies affiliated with Ethereum such as SharpLink Gaming, Consensys, Eigen Labs, and ENS Labs. This group will jointly manage the distribution of 75% of the total supply of LINEA tokens through "the largest ecosystem fund for Ethereum by allocation." According to Declan Fox, Director of Linea at Consensys, these tokens will be "carefully distributed" to users, developers, liquidity providers, organizations, and creators - anyone who helps Ethereum and Linea succeed.
In addition, Linea has a mechanism to burn 20% of transaction fees (in ETH) and uses 80% of the remaining fees to burn LINEA tokens, creating a deflationary loop proportional to network activity. This not only helps Linea grow but also directly brings value to ETH holders.
This is an important move as layer-2 networks seek to strengthen ties with Ethereum, addressing concerns that scaling networks may diminish the value of the main network. #anhbacong
Ethereum's layer-2 network, Linea, has just announced plans to launch its own token (#Linea ) and an ecosystem fund to strengthen its position as the best destination for Ethereum capital.
Strategy to support Ethereum and operational mechanisms
Linea, created by Consensys, is strongly committed to the Ethereum platform through new mechanisms such as base yield on bridged ETH and a burn mechanism $ETH . The company has also established the Linea Consortium, a group of companies affiliated with Ethereum such as SharpLink Gaming, Consensys, Eigen Labs, and ENS Labs. This group will jointly manage the distribution of 75% of the total supply of LINEA tokens through "the largest ecosystem fund for Ethereum by allocation." According to Declan Fox, Director of Linea at Consensys, these tokens will be "carefully distributed" to users, developers, liquidity providers, organizations, and creators - anyone who helps Ethereum and Linea succeed.
In addition, Linea has a mechanism to burn 20% of transaction fees (in ETH) and uses 80% of the remaining fees to burn LINEA tokens, creating a deflationary loop proportional to network activity. This not only helps Linea grow but also directly brings value to ETH holders.
This is an important move as layer-2 networks seek to strengthen ties with Ethereum, addressing concerns that scaling networks may diminish the value of the main network. #anhbacong
@CoinMarketCap Spotlight | 30 Jul 2025
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #sui treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
Let's break down the top crypto stories:
An 80,000 #BTC whale from 2011 just dumped $9 billion worth of Bitcoin, and the price barely moved. What's keeping Bitcoin's price stable despite massive selling pressure?
Companies bought 1.26 million #ETH in two months, equivalent to 1% of total supply. Why is the ETH treasury trend happening faster than Bitcoin's did?
#Linea commits 20% of all transaction fees to burning ETH, the first Layer 2 to do this. How does burning ETH help Linea?
Mill City Ventures raised $450 million and allocated 98% to #sui treasury, the first public company Sui treasury. What makes Sui's tech worth a $441 million bet?
#Google searches for stablecoins peaked above May 2022 Terra Luna collapse levels. What's driving the stablecoin market surge?
$ETH $SUI $LUNA
So, the Linea saga is coming to an end. I was right, and they published the tokenomics. Many of you have probably already seen it.
10% for the airdrop, 1% for developers, and 9% for network users and LXP/LXP-l owners.
------------------------------
What caught my attention:
Linea enhances the value of ETH and LINEA through double burning. Twenty percent of gas fees, after accounting for L1 costs, are burned, which reduces the supply of ETH and strengthens its price.
The remaining 80% of gas fees go towards burning LINEA, increasing the price of the token.
This is a deflationary mechanism that will be a constant driver for the token's growth in the medium term ā Linea may become the first L2 worth holding in the future.
------------------------------
As for the token price, eligibility:
No one knows anything, so there's no point in guessing what the FDV will be. I think they won't be looking for more cybils, since we've already passed three checks.
I think there will be a minimum threshold for Eligible for LXP tokens, and activity points will likely be multipliers.
I used Linea on all my wallets when farming Jumper, so my wallet statistics look something like the screenshot in the post.
#Linea #Airdrop
10% for the airdrop, 1% for developers, and 9% for network users and LXP/LXP-l owners.
------------------------------
What caught my attention:
Linea enhances the value of ETH and LINEA through double burning. Twenty percent of gas fees, after accounting for L1 costs, are burned, which reduces the supply of ETH and strengthens its price.
The remaining 80% of gas fees go towards burning LINEA, increasing the price of the token.
This is a deflationary mechanism that will be a constant driver for the token's growth in the medium term ā Linea may become the first L2 worth holding in the future.
------------------------------
As for the token price, eligibility:
No one knows anything, so there's no point in guessing what the FDV will be. I think they won't be looking for more cybils, since we've already passed three checks.
I think there will be a minimum threshold for Eligible for LXP tokens, and activity points will likely be multipliers.
I used Linea on all my wallets when farming Jumper, so my wallet statistics look something like the screenshot in the post.
#Linea #Airdrop
See original
Linea Launches ETH Burn Mechanism and Native Staking Before LINEA Token Release
Linea, a Layer 2 network developed by Consensys, is preparing to launch the LINEA Token with a series of strategic improvements: native ETH staking, protocol-level ETH burn mechanism, and an ecosystem fund managed by leading Ethereum organizations.
Highlights:
Native ETH staking will launch in October 2024, turning Linea into the center of ETH capital flow with staking rewards reinvested into the ecosystem.
20% of ETH transaction fees will be burned directly, while the remaining 80% will be used to burn LINEA Tokens, creating a dual deflationary effect ā an unprecedented move on Layer 2.
Highlights:
Native ETH staking will launch in October 2024, turning Linea into the center of ETH capital flow with staking rewards reinvested into the ecosystem.
20% of ETH transaction fees will be burned directly, while the remaining 80% will be used to burn LINEA Tokens, creating a dual deflationary effect ā an unprecedented move on Layer 2.
See original
Breaking News: The listing activity of Aevo in the market may spark investor interest and market activity.
Currency: $LINEA $AEVO
Trend: LINEA-Bullish AEVO-Bullish
Trading Suggestions: LINEA-Long-Focus; AEVO-Long-Focus
#LINEA #Aevo
šDon't miss the opportunity, click on the market chart below to participate in trading immediately!
Currency: $LINEA $AEVO
Trend: LINEA-Bullish AEVO-Bullish
Trading Suggestions: LINEA-Long-Focus; AEVO-Long-Focus
#LINEA #Aevo
šDon't miss the opportunity, click on the market chart below to participate in trading immediately!
See original
Breaking News: $LINEA is now trading on Aevo's pre-market, indicating increased market interest in this cryptocurrency, potentially attracting more investors' attention.
Cryptocurrency: $LINEA
Trend: Bullish
Trading Suggestion: LINEA - Go Long - Key Focus
#LINEA
šDon't miss the opportunity, click the chart below to participate in trading immediately!
Cryptocurrency: $LINEA
Trend: Bullish
Trading Suggestion: LINEA - Go Long - Key Focus
#LINEA
šDon't miss the opportunity, click the chart below to participate in trading immediately!
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