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Unanimously developed Linia Network says that it would be one of the first atherium layer -2 networks to comment as part of its network design, as it shared its upcoming token generation incident and new details of the aircraft.
Linia made a statement for a statement sent to the coinlifle to a new stacking and burning mechanism for its token launch.
Amid growing anxiety, chain activities and fees are leaching from motors that layer -2 network atherium mannet.
This year is scheduled for having a Linia token generation event, with 85% tokens support with the ecosystem, and the remaining 15% will be allocated to the console today under the final-year lockup.
When is the Linea token generation phenomenon?
Global product lead deck for Linia told Cointeletgraph that the token is not an exact date for generation incident and would share Aircrooperia a week before the incident.
A new stacking fernism, expected to be launched in October, will enable users to also earn a stageing award even when Linia is bridged Ether (ETH). It makes ETH producer as it can also be used for DEFI activities on layer -2 networks.
“Linea is the only L2 with total ethereum compatibility, and we want economics to be align and helpful as technology,” Joseph Lubin, the founder and CEO of the consent.
He explained that Harweed staking rewards are distributed to the DEFI protocol on the linea, which increases the yield for adequately active.
“It creates a wheel to attract capital through permanent intentions, where deep leakyti increases the amount of more transactions, so attracts more deposits.”
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Additionally, 20% of all LINEA transactions fees will be used to burn Eth as a network before L2 first to comment on property. The remaining 80% of Linia burns tokens, making them deflation.
Market share construction
Linea has just 1.23% of the Rolup -based layer -2 market, with a price of about 513 million dollars, raw for L2BEAT.
Fox stated that Lineya plans to expand it by constructing it “At a time to be the best series for ATH Capital when the fact behind ETH is very string.”
He said that ether liquidity privinders would “get the best risk-proposed returns by bridging Linia, thus increasing the market share.”
“This, combined with the ecosystem of distribution of consolation and metamasks, will attract users and builders to come home on Digital Real Estate.”
Etrem-fasting union
Concepts also announced an atherium separated constuming that would manage the Etharium Ecosystem Fund. Consortium members, in addition to consent, include Egen Labs, Affer Labs, Status and Joe Lubin’s Ath Treasury Gaming firm Sharplin.
Cum-CEO of Sharplink.
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