
Jakarta, Pintu News – An important announcement has been made by the Ethereum layer 2 network, Linea, which has taken the final snapshot for its highly anticipated token airdrop. The announcement was made via Linea’s blog and social media on July 30, ahead of their Token Generation Event (TGE).
Check out the full information in this article!
Linea has completed taking the final snapshot that will form the basis for the LINEA token airdrop distribution. The total LINEA token supply set is 72,009,990,000, with 9% of that amount, or approximately 6.48 billion tokens, allocated for the airdrop.
Although the distribution date and eligibility rules have not yet been announced, enthusiasm among users and investors is growing. This snapshot is a crucial step in the airdrop process, ensuring that all token recipients are participants who meet the criteria set by Linea.
More details regarding the distribution criteria and timeline are expected to be announced in the near future, adding to the anticipation among the community.
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In addition to the airdrop, Linea also announced plans to introduce an Ethereum -based yield model, an ecosystem development fund, and the formation of the Linea Consortium.
Declan Fox, Product Lead at Linea, has provided additional information regarding the outcome bridge and consortium charter, as well as how this protocol will integrate with the future of Ethereum (ETH).
The initiative aims to strengthen Linea’s position as a key player in the Ethereum (ETH) layer 2 ecosystem, while providing added value to users and investors. With the formation of the consortium, Linea hopes to expand cross-industry collaboration and innovation.
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The latest data from L2Beat shows that layer 2 solutions for Ethereum (ETH) continue to gain significant traction. The value tied up in scalability protocols has reached $50.55 billion, a 9.72% increase from last year. Rollups dominate the market, outperforming Validiums and Optimiums in current growth.
The sector recorded 196.11 transactions per second, driven mainly by rollups. This positive trend supports Linea’s move to launch their airdrop and token release, signaling good timing in favorable market conditions.
With this strategic move, Linea not only strengthens its position in the market, but also provides an opportunity for users to engage more deeply in the growing ecosystem. Going forward, the community can expect more innovations and collaborations that will take blockchain technology to the next level.
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