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 — an unprecedented move on Layer 2.
85% of the total supply of LINEA Token is allocated to the Linea Alliance ecosystem fund, including major names such as Consensys, Eigen Labs, ENS Labs, and Status.
Financial Impact:
The dual deflationary mechanism increases value for both ETH and LINEA Token while maintaining a stable and transparent circulating supply.
Native staking attracts significant capital inflow and enhances liquidity, while the ecosystem fund ensures long-term development direction, minimizing the risks of early Token unlock.
"Linea will be the first Layer 2 to burn ETH at the protocol level – boosting Ethereum's value and ensuring a sustainable ecosystem."
– Linea Representative, 2024.
Token Allocation:
85%: Ecosystem (gradually distributed through Linea Alliance)
10%: Early Users
15%: 5-Year Lock in Consensys Treasury
LINEA Token promises to become a new growth hub on Layer 2 Ethereum, combining technological leverage, a sustainable distribution model, and a clear value mechanism.
