Answering a few of the common q's re tokenomics announcement:
- 10% to early contributors
9% to users who participated in the Linea voyages and earned LXP. There will be additional criteria applied (thresholds, multipliers) and an eligibility checker with those details will be
I've seen a few confused messages so to make it clear:
- LINEA tokenomics and governance details at end of July, not TGE
- Checker for Airdrop with eligibility criteria will be shared a few days before TGE
- TGE date depends on a few external factors (eg CEXes) but won't be long
I still don’t think people realize the gravity of an ecosystem fund the size of Linea.
Most projects end up giving 50% of supply to insiders which is sold aggressively over 3-4 years.
Whereas Linea has majority of supply managed by accountable institutions to grow ecosystem and
Can't believe it was just two years ago we launched Linea Mainnet. Cheers to everyone who has been part of the journey so far, you're the real ones.
I'm proud of what the team has accomplished in those two years, delivering on the zkEVM technology, and yet, I know we're just
Interesting data on Linea LXP program:
Red is the number of users identified as Sybil by Nansen analysis, and their LXP
Green is not identified as Sybil
Back online!
Thank you all for the kind messages over the past two weeks. 🙏Getting married was an incredible experience, and I feel very grateful to have shared it with friends and family.
We’ve made strong progress on Linea’s decentralization: The tokenomics and governance
LINEA checker is live!
This community airdrop is based around the LXP(L) programs, the most fair and transparent way to measure participation in bootstrapping Linea.
We managed to:
- eliminate over 800k sybils (PoH, Nansen, minimum thresholds)
- reward real users with a
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.
The eligibility checker is now live ahead of the September 10 TGE.
Check yours at linea.build/hub
SomETHing big just dropped: 85% for ecosystem, MASSIVE fund managed by trusted Ethereum institusions, ETH-burn with every Linea transaction...
Second blog post coming later today which drives down more into the specifics of the token distribution.
Will be running through all
Personal update: I’m stepping into the role of Head of Linea at Consensys.
Over the past few years as Product Lead, I’ve had the privilege of working with some of the best engineers and cryptographers in the space to help build our zkEVM stack — the tech powering @LineaBuild
What a day. Proud of the whole team who have worked day and night for months to deliver LINEA. I also want to thank the builders and community members who supported the big moment.
When I stepped up to lead Linea in April this year, I made one of my priorities to fulfil the
ETH looking good here. Great vibes just before a big IRL event for me: getting married!
I’ll be back on 22nd, where we’ll start sharing lots of exciting Linea updates.
