Linea, Ethereum Layer 2 Network has been developed by CONSENSYS, officially released its tokenomics framework, revealing a unique Etreum-Lang model.
Summary
- Linia showed tokenomics as Gas and no governance role for Linea.
- 85% of Linea’s 72B supplements goes on the intentions of the ecosystem that is reserved for 15% of consuces.
- The fee structure burns Eth and Linea to link with long term value.
The update was shared in the July 29 blog post and comes ahead of Linea’s anticipated token generation program. Eth will send as the only gas token, which the new Linea token will serve as an assignment and funding.
Not a linia for gas or governance
Unlike the specific L2 model, Linea distinguishes utility and value capture using eths specifically for gas that burns both Eth and Linea from the network fee. Layer 2 is lit 20% of ETH revenue, the remaining 80% is used for purchasing and body linia. It is designed to strengthen the monetary premium of Eth by connecting the value of the dual-glassion system linea with real use.
Linea will not serve as a governance token, and the protocol will not be given by DAO. Strategic decisions will be managed by Linia Contorium, a council of atherium-origin projects includes labs, egen labs and sharplinks under the US-based non-profit unit.
Linia tokenomics
The total support of Linea is fixed on 72 bullion tokens, with 85% of the glory of the ecosystem allocated and 15% reserved for console. At the time of launch, there will be 22% of the total support, large -scale early users through aircraft and liquidity programs. No tokens have been sold to investors or employees.
The ecosystem fund, including 75% of the total supply, will be deployed in the 10-year period. In the first 12 to 18 months, about 25% will go to Twod Community Dilat, Builder Support, Exchange Readiness and Liquidity Provisioning. The remaining 50% twice the infrastructure, public goods and protocols of the ecosystem will be research and development.
9% of support will be distributed to beginner users through aircraft and completely unlocked in TGE. The eligibility is based on Linea XP and Onchain activation that reflects the use of the authority and the engagement of the ecosystem.
Another 1% will go to strategic builders, such as major decentralized applications and infrastructure partners, were selected through a curate selection process focused on long-RM alignment.
Ethereum focus on alignment
To prepare Linia tokens as a government tool, Linia placed it as a “economic coordination tool”. Participation, not capital, will determine how it is allocated to users, builders and contributors of the ecosystem. The model, which emphasizes decentralized pride and long -term public goods, launchs Eco Etharium (ETH) 2015.
Currently, Linea has $ 155 million in total value according to defilama data, and hosts more than 350 applications. The recently rolled out two major updates include the original USD coin (USDC) integration and a fee subsidy partnership with layerswap to reduce the cost of braiding in Lina.