{"id":9857,"date":"2025-09-05T06:18:45","date_gmt":"2025-09-05T06:18:45","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-layer-2-linea-to-launch-token-on-sept-10\/"},"modified":"2025-09-05T06:18:49","modified_gmt":"2025-09-05T06:18:49","slug":"ethereum-layer-2-linea-to-launch-token-on-sept-10","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-layer-2-linea-to-launch-token-on-sept-10\/","title":{"rendered":"Ethereum layer 2 Linea to launch token on Sept. 10"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum layer 2 Linea has announced the launch of its long-awaited token with a community-first model that rejects venture capital allocations.<\/p>\n<div id=\"cn-block-summary-block_a2619b466fd3414e6fa491ab5e34d4e8\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Linea token launch will take place on Sept. 10, with 85% allocated to ecosystem growth and no VC or team share.<\/li>\n<li>9% of supply goes to early users through fully unlocked airdrops; 75% enters a 10-year ecosystem fund.<\/li>\n<li>ETH remains the sole gas token, while both ETH and LINEA will be burned under the dual-burn model.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Linea is preparing to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lineabuild\/status\/1963166921739653184?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">launch<\/a> its native token on Sept. 10, in what it calls the most significant issuance since Ethereum\u2019s (ETH) own debut. The rollout echoes Ethereum\u2019s genesis allocation, with 85% of the 72 billion LINEA tokens earmarked for ecosystem growth and no allocation to the founding team or venture capital firms.<\/p>\n<h2 class=\"wp-block-heading\">Linea token model and airdrop<\/h2>\n<p>Linea\u2019s distribution centers on community ownership. Around 9% of the supply, or 6.48 billion tokens, will go to more than 780,000 eligible users via airdrop, fully unlocked at launch. Another 1% will be allocated to strategic builders, such as decentralized applications and infrastructure partners.<\/p>\n<p>The remaining 75% is placed in an ecosystem fund managed by the Linea Consortium, which includes ConsenSys, Eigen Labs, ENS Labs, SharpLink, and Status. This fund will be deployed over 10 years to support liquidity, builders, and public goods.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Five weeks ago, Ethereum celebrated 10 years of zero downtime. Next week, LINEA becomes the most significant token to enter the ecosystem since ETH itself.<\/p>\n<p>The eligibility checker is now live ahead of the September 10 TGE.<\/p>\n<p>Check yours at <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/GDV3kRe0Kf\">https:\/\/t.co\/GDV3kRe0Kf<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/emB8WlqCNF\">pic.twitter.com\/emB8WlqCNF<\/a><\/p>\n<p>\u2014 Linea.eth (@LineaBuild) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/LineaBuild\/status\/1963166921739653184?ref_src=twsrc%5Etfw\" target=\"_blank\">September 3, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The airdrop eligibility checker opened in early September and will remain live until Dec. 9. Linea says eligibility is based on authentic usage, measured through Linea Experience Points and the LXP-L campaigns, with boosts for sustained onchain activity and MetaMask use.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Building an Ethereum-aligned layer 2<\/h2>\n<p>Linea differs from other layer 2 models by separating utility from value capture. ETH will remain the only gas token, while both ETH and LINEA will be burned through transaction fees. 20% of layer 2 ETH revenue will be burned directly, and the rest used to buy and burn LINEA, creating a dual-burn mechanism designed to reinforce ETH\u2019s monetary premium while linking LINEA\u2019s value to real usage.<\/p>\n<p>The project also rejects token-based governance. Instead, strategic decisions will be managed by the Linea Consortium under a nonprofit structure. Linea positions its token not as a voting tool but as an \u201ceconomic coordination mechanism\u201d for builders, users, and ecosystem contributors.<\/p>\n<p>With more than 230 million transactions processed and $1.21 billion in total value locked, Linea ranks as the seventh largest Ethereum layer 2 by TVL, as per DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/Linea\" target=\"_blank\">data<\/a>. By framing the token around long-term funding and Ethereum alignment rather than short-term speculation, Linea is setting itself apart at a time when many projects lean heavily on incentives and governance theatrics.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum layer 2 Linea has announced the launch of its long-awaited token with a community-first model that rejects venture capital allocations. Summary Linea token launch will take place on Sept.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9857"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9857\/revisions"}],"predecessor-version":[{"id":9858,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9857\/revisions\/9858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8702"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}