Linea Launches Airdrop Verifier Ahead of 9,36 Billion Token Distribution
- Linea prepares airdrop with 9,36 billion LINEA
- Tokenomics focuses on ecosystem and real-world use on Ethereum
- 750 eligible portfolios receive fair distribution
Linea, the Consensys-backed Ethereum Layer 2 network, has launched an eligibility checker for the highly anticipated LINEA token airdrop, scheduled to begin on September 10th. The claiming period runs until December 9th, and unclaimed tokens will be returned to the Linea Consortium Ecosystem Fund.
According to the Linea Association, 9.361.298.700 tokens will be distributed to 749.662 addresses. The beneficiaries are users who participated in the Linea Voyage (LXP) and Linea Surge (LXP-L) campaigns, which feature sybil-resistance mechanisms through Proof of Humanity and minimum participation criteria.
The LINEA token is also an economic coordination tool, designed to reward real usage, aligned applications and builders, and fund the long-term development of Ethereum. LINEA is silver to ETH's gold; Chewbacca to ETH's Han Solo.
Linea explained in official statement .
LINEA's distribution model mirrors Ethereum's genesis, with 85% going to the ecosystem. Of this total, 10% will go to early adopters and builders via unlocked distribution, and 75% to the ten-year Ecosystem Fund managed by the Linea Consortium. No tokens will be allocated to the team or investors, although Consensys will retain 15% under a five-year lockup.
Declan Fox, Product Lead at Linea, highlighted that over 800 fake wallets were eliminated from the process, ensuring fair distribution among genuine users. "The launch of the eligibility checker marks a significant step for the early Linea community, giving users and liquidity providers a first look at the distribution of LINEA tokens on the TGE," he stated.
The reward criteria are divided into seven LXP tiers, with additional incentives for early mainnet activity, continued use, or integration via MetaMask. LXP-L prioritizes liquidity providers with linear distribution. Additionally, 1% of the total tokens will be allocated to strategic contributors with significant long-term impact.
Linea is a ZK-rollup-based zkEVM, compatible with Ethereum applications since July 2023. Upon launch, 20% of transaction fees paid in ETH will be burned within the protocol, while the remaining 80% will be used to burn LINEA tokens, establishing a deflationary dynamic for the asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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