@Linea.eth #linea The LINEA token is the native utility token for the Linea network. Its primary purpose is to incentivize ecosystem growth and participation, not to pay for network gas fees.
Ecosystem incentives
The token is used to reward users, developers, and liquidity providers through programs like a recent $30 million MetaMask Rewards initiative.
Deflationary mechanism:
A portion of the network's $ETH transaction fees is used to buy back and burn LINEA tokens, creating deflationary pressure linked directly to network activity.
Tokenomics:
A significant portion of the total token supply is allocated to the ecosystem, with a large share distributed to early users and builders via airdrops.
Key features
zkEVM-based Layer 2
Linea is a zero-knowledge Ethereum Virtual Machine (zkEVM) network that executes EVM bytecode natively. This allows developers to easily migrate existing dApps from Ethereum without needing to rewrite their code.
Scalability:
As a "Type 2" zkEVM, Linea is highly compatible with Ethereum's execution environment and developer tooling, which simplifies development and integrationRobust security: The network inherits its security from Ethereum by submitting validity proofs back to the mainnet. This ensures transactions are secure and have instant finality once the proof is verified.
ConsenSys backing: Linea benefits from deep integrations with other ConsenSys products like MetaMask and Infura, providing a seamless experience for developers and users.
