📷 Linea Project Leader: The snapshot for the airdrop of some tokens during TGE has been completed. Declan Fox @DeclanFox14, the project leader of Linea, responded to users on the X platform regarding questions about the $LINEA tokenomics, stating that the snapshot for the airdrop portion of the tokens during TGE has been completed, and all witch 🧙‍♀️ attack filters have been completed previously. Additionally, this airdrop does not involve #CEX listings, #InfoFi, or other asset dilution, and these funds will not go to the team or investors. Previously, Linea announced its tokenomics, with an initial circulation of about 22%, 9% allocated for airdrops, and 80% of revenue used for buybacks.
The big 💊 is here, and this time it's not a drill. 📊 Linea @LineaBuild has announced its tokenomics model, with an initial circulation of about 22%, 9% allocated for airdrops 🪂, and 80% of revenue used for buybacks. The total token supply is 72 billion. Of this, 85% is allocated to the ecosystem, 15% is allocated to the Consensys treasury, which has a five-year lock-up period, with no reserved shares for investors or employees. The core use of the token is to reward real usage, incentivize builders, and support Ethereum public goods. At TGE, about 15.8 billion tokens (approximately 22%) will be in circulation, covering early user airdrops, ecosystem incentives, and liquidity guidance. The specific allocation is as follows: Ecosystem Fund (75%): Managed by the Linea Association, including ENS Labs @ensdomains, Eigen Labs @eigen_labs, Status @ethstatus, etc., operating as a non-profit entity, supporting liquidity, developer incentives, R&D, and public infrastructure in phases; Early Contributors (10%): Of which 9% is for user airdrops, and 1% is for key ecosystem projects, both unlocking at TGE; Consensys Treasury (15%): Locked for five years, used for subsequent ecosystem deployment and protocol health support. The Linea DAO will be responsible for the allocation of ecosystem funds and the design of incentive mechanisms, with no token-based on-chain governance. In terms of fee mechanisms, 20% of the $ETH transaction fee for L2 will be burned, and 80% will be used for buybacks and burning LINEA, building a long-term value linkage between ETH and $LINEA.
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