Linea, the Ethereum Layer 2 network backed by Consensys, has confirmed that the final snapshot has been taken for its upcoming LINEA token airdrop.
Declan Fox, product director of Linea, shared further details on the tokenomics, including specific allocations and eligibility criteria. According to Fox, 9% of the total LINEA supply will be distributed to users who participated in Linea’s user incentive campaign called Voyage and earned LXP points. A blockchain snapshot for eligibility has been taken, he confirmed.
Eligibility will depend on additional criteria such as thresholds and multipliers, which will be disclosed via an eligibility checker before the token generation event. Sybil filtering has already been completed for this distribution.
An additional 1% of the token supply will be reserved for “strategic builders,” including Linea-aligned dapps and communities. These allocations will be managed at the discretion of the Linea team, with the option for builders to redistribute tokens to their respective users or communities. Allocations will be based on project plans that demonstrate benefit to the Linea ecosystem.
In total, 85% of the LINEA token supply is allocated to the ecosystem in the long run, with 75% designated for a long-term ecosystem fund. The fund, which has a 10-year unlock schedule, is set to cover liquidity incentives, grants, partnerships, and other initiatives determined by governance. The remaining 15% of the overall token supply will be held by Consensys, subject to a five-year lockup.
Linea aims to establish itself as the hub for ETH capital, aligning its economics and technology fully with Ethereum. The project emphasizes long-term infrastructure for institutional use and Ethereum community ownership.
Linea has also unveiled plans to introduce native yield on bridged ETH, a protocol-level ETH burn mechanism, a deflationary Ethereum-centric token design, and the formation of an Ethereum ecosystem fund, ahead of its highly anticipated LINEA token going live.
A consortium of Ethereum-aligned institutions — including Consensys, Eigen Labs, ENS Labs, Status, and SharpLink — will manage the fund for at least 10 years.
Once the token is live, 20% of all Linea transaction fees (paid in ETH) will be burned at the protocol level — a first among Layer 2 networks. The remaining 80% will be used to burn LINEA tokens, making the token deflationary.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
