Linea Announces Tokenomics, Promising Ethereum Value Growth

The announcement of the $LINEA tokenomics by Linea has been unveiled, with additional details available in a Coindesk article. The token allocation includes 10% for early users and contributors, 75% for the ecosystem, and 15% for Consensys with a five-year vesting schedule. Each transaction on Linea will burn ETH, reducing its supply and potentially increasing its long-term value, thereby strengthening its role as a digital asset. Furthermore, 20% of net gas fee revenue paid in ETH will be burned, while the remaining 80% will be used to burn LINEA tokens. This creates a direct economic link between network usage and the accumulation of value in ETH and LINEA. Although the token has not yet launched, Consensys indicates it will be imminently available. More updates are expected from the team.