People thought holding $LINEA A would get them $MASK airdrop soon, but Metamask confirmed they’re dropping $LINEA itself as rewards in Season 1 Program, the narrative completely changed. Also Linea scheduled tokens unlock on November 10 (over 1.5B tokens) which can trigger short-term selling pressure. On the other side there will be a token burn of Linea this week, will it be enough to counter the massive unlock and keep price stable or even push it higher?
So excited that Linea will initiate a pioneering burn mechanism designed to reduce both ETH and LINEA token supply. Linea will use 20 percent of all net income from gas fees to burn $ETH and the remaining 80 percent of net gas income will be used to buy and burn $LINEA . #linea @Linea.eth