#Linea is a Layer 2 solution for Ethereum, built as a zkEVM roll-up; that is, it processes transactions off the main chain and then sends validity proofs to the Ethereum mainnet.
Its goal is to offer faster and cheaper transactions while maintaining compatibility with existing Ethereum contracts and tools.
🪙 The token $LINEA is the native cryptocurrency of the Linea network. Although gas fees on the network are paid in ETH.
@LineaBuild has key functions in the ecosystem, such as ecosystem funding, a large part of the supply is allocated to growth, grants, and development.
Burn mechanism: part of the network's revenue is used to burn LINEA tokens, which can increase scarcity.
👉🏻 Distribution: around 85% of the supply is allocated to the ecosystem (growth, users, developers) and the remaining 15% for the developers' treasury.
✍🏻 Considerations:
✔️Advantages:
🔹Alignment with Ethereum: allows the use of Ethereum contracts and tools without major changes.
🔹Focus on community and ecosystem (fewer allocations for privileged investors) which can be favorable.
🔹Burn mechanisms that can provide an interesting deflationary dynamic.
⚠️ Risks:
🔹Although launched, like any crypto project there is volatility and dependencies on real adoption.
🔹The fact that fees are paid in ETH and not directly in LINEA can complicate the direct utility of the token.
🔹It is key to verify that the token is listed on exchanges, that the network operates as expected, and the transparency of the project.
