Linea announces tokenomics: total supply of approximately 72 billion tokens, with 9% allocated for airdrop to early users.

robot
Abstract generation in progress

On July 30, the official LINEA announced the LINEA tokenomics: the total supply is 72,009,990,000 (approximately 7.2 billion) tokens, which is equivalent to 1,000 times the initial circulating supply of ETH. Its distribution method echoes Ethereum's genesis distribution method: 85% of the supply is dedicated to the ecosystem, while the remaining 15% is allocated to the Consensys treasury. Early users will receive tokens from a distribution equivalent to 9% of the token supply, which will be airdropped and fully unlocked at TGE. Eligibility for the airdrop will be assessed based on a series of metrics, including LXP and on-chain metrics. Complete detailed information and individual eligibility information will be published before TGE through the official eligibility checker. In addition to user airdrops, 1% of the LINEA token supply will be reserved for strategic builders in the Linea ecosystem and will be fully unlocked at TGE, including core applications and communities. 75% of the LINEA token supply is allocated to the ecosystem fund, which is managed by the Linea alliance, including members like ENS Labs, Eigen Labs, SharpLink, Status, and Consensys. Approximately 25% of the fund allocation will be used to support the ecosystem's launch in the first 12-18 months, while the remaining 50% of the funds will be gradually released over 10 years, which will be used to fund protocol development, shared infrastructure, open-source tools, and establish strategic partnerships with developers aligned with the goals. 15% of the total token supply is allocated to the Consensys treasury. These tokens will be locked for five years and cannot be transferred until the full vesting period expires. ETH is used as the network Gas token, and after deducting L1 costs, 20% of the Gas fees will be burned, thereby reducing the supply of ETH and enhancing its monetary premium, while the remaining 80% of the Gas fees will be used to burn LINEA.

ETH1.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)