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Linea announced multiple plans ahead of the TGE, including the introduction of native ETH rewards, establishing an Ethereum Ecosystem Fund, etc.

2025.07.29 20:24:35

On July 29th, Linea announced a series of plans prior to the token TGE. These plans include introducing native staking rewards for bridged Ethereum, launching a protocol-level Ethereum burning mechanism, designing an Ethereum-centric deflationary token, and establishing an Ethereum ecosystem fund. The aim is to transform Linea into an ETH capital hub. The bridged Ethereum native staking feature is expected to be launched in October, and the staking rewards will be reinvested in the Linea ecosystem. The Linea team stated that approximately 20% of all net transaction fees paid in ETH will be burned to reduce the supply of ETH, while the remaining 80% of net transaction fees will be used to burn LINEA tokens to reduce the fixed supply. Additionally, 85% of the token supply will be allocated to the ecosystem, with 10% reserved for early users and 75% gradually distributed through the ecosystem fund. The remaining 15% of LINEA tokens will be locked for five years and owned by the Consensys Treasury. The ecosystem fund will be managed by the Linea Alliance, which is composed of leading Ethereum institutions such as Consensys, Eigen Labs, ENS Labs, Status, and SharpLink. More institutions are expected to join later. Although the issuance date of the LINEA token has not been announced, it is expected to go live soon. The upcoming token will mimic Ethereum's original distribution model while being built on the core utility of ETH.
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