Linea will announce details about tokenomics and governance at the end of July, while the airdrop check tool and participation conditions will be announced a few days before the TGE event.
The Token Generation Event (TGE) of Linea is expected to take place in July, although the specific timing depends on external factors such as centralized exchanges (CEX), the commitment is that it will not be delayed too long.
MAIN CONTENT
Details of Linea's tokenomics and governance will be announced at the end of July.
The airdrop check tool and participation criteria will be launched a few days before the TGE.
The timing of the TGE depends on external factors but will not be delayed for long.
When will the details about Linea's tokenomics and governance be announced?
Declan Fox, the head of the Linea project, stated that information regarding tokenomics and governance will officially be announced at the end of July 2024, according to updates on social media X.
The release of these details will help the community and investors understand the distribution mechanism, governance rights, and the role of Token in the Linea ecosystem, creating transparency and boosting trust ahead of the Token release event.
When will the airdrop check tool and participation conditions be launched?
Announced by Declan Fox, the tool for users to check airdrop eligibility along with participation conditions will be introduced a few days prior to the Token Generation Event (TGE).
This tool will help users easily determine if they are eligible to receive free Tokens while enhancing fairness and avoiding unnecessary disputes during the Token distribution process.
Will the timing of Linea's TGE be delayed and what factors does it depend on?
The timing of the Token Generation Event (TGE) of Linea depends on several external factors, especially coordination with centralized exchanges (CEX). However, the project is committed that the event will not be delayed for too long.
This is to ensure that the TGE process proceeds smoothly, easily accessible to users while complying with partner requirements and relevant laws, thereby enhancing the project's reputation and reliability.
The announcement of detailed tokenomics and governance is a key step in helping us build a sustainable and transparent ecosystem, thereby promoting the long-term development of Linea.
Declan Fox, head of the Linea project, July 2024
Frequently Asked Questions
1. When will Linea announce its tokenomics?
Details about the tokenomics and governance are expected to be announced at the end of July 2024 as shared by the project leader.
2. How does the airdrop check tool work?
This tool helps users determine their airdrop eligibility and participation conditions, released a few days before the TGE.
3. Is Linea's TGE sure to happen on schedule?
Although it depends on external factors such as CEX exchanges, the TGE event will not be delayed for long according to the project's commitment.
4. What is TGE in the cryptocurrency project?
TGE is the first Token release event, important for distributing Tokens and activating the project's ecosystem.
5. Who is Declan Fox in the Linea project?
He is the head of the Linea project, responsible for developing tokenomics and governance strategies.
Source: https://tintucbitcoin.com/linea-token-economics-cong-bo-cuoi-thang-7/
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