#Linea Announces Major #Airdrop With 85% Going to Users and Builders
Linea is set to distribute 85% of its upcoming token supply to ecosystem participants and builders.
The remaining 15% will go to the Consensys treasury under a five-year lockup period.
Linea becomes the first layer-2 network committing to burn
$ETH as part of its design.
Twenty percent of transaction fees will burn
$ETH while 80% will burn LINEA tokens for deflationary mechanics.
A new staking mechanism launching in October lets users earn rewards on bridged
$ETH.
The network aims to become the "home for
$ETH capital" through total
$ETH compatibility.
Linea currently holds just 1.23% of the rollup-based layer-2 market with $513 million in value.
#Token Generation Event details will be shared one week before the official launch date.
