Linea Sets New Standard for Ethereum Alignment with Native ETH Yield, ETH Burn Mechanism, and 85% Ecosystem Token Allocation
Summary by Crypto Reporter
2 Articles
2 Articles
Linea Sets New Standard for Ethereum Alignment with Native ETH Yield, ETH Burn Mechanism, and 85% Ecosystem Token Allocation
Linea, the Ethereum Layer 2 (L2) founded by Consensys, introduced a set of mechanisms and long-term commitments designed to establish the network as the home for ETH capital. These mechanisms include native yield on bridged ETH, protocol-level ETH burn, a deflationary, Ethereum-centric token design, and the formation of the largest Ethereum ecosystem fund. An unprecedented 85% of the token supply will go to the ecosystem, with 10% allocated to e…
Linea is being developed by Consensys, the same creators of the MetaMask wallet. Read more
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