Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Linea: The Layer 2 that's changing the game on Ethereum

robot
Abstract generation in progress

Do you remember when Ethereum was so expensive that making a transfer cost you more than a coffee? Linea is here to change that.

Developed by ConsenSys, this zkEVM-based Layer 2 network is not just another scalability solution. It has a trick up its sleeve: a dual burn mechanism that directly affects both ETH and LINEA.

The magic is in the burn

Here’s where it gets interesting. Of all the gas fees paid on Linea:

  • 20% are burned in ETH → less ETH in circulation, deflationary pressure on the mainnet
  • 80% are used to buy and burn LINEA → the token becomes scarcer as the network grows

This is unique in the Layer 2 ecosystem. While other rollups simply charge fees, Linea literally destroys value from both tokens. The more activity, the more burning. It’s as if the network is economically self-optimizing.

zkEVM: No code changes

Developers love it because they don’t have to rewrite anything. Their Ethereum dApps work exactly the same on Linea. Just copy-paste and you’re good to go. Plus:

  • Near-instant confirmations (unlike optimistic rollups)
  • Much cheaper gas
  • Battle-tested cryptographic security

Institutional credentials

Linea is not an indie project. It’s already in talks with SWIFT, integrating with MetaMask and Infura. It has partnerships that give it enterprise-level credibility.

And here’s the juicy part: it will allow staking of bridged ETH with yields. Imagine: your locked ETH generates rewards. That attracts institutional liquidity and large DeFi protocols.

Governance and the 85% fund

The Linea Consortium (Eigen Labs, ENS Labs, Status) controls 85% of LINEA tokens allocated for development. 75% is managed by the consortium, 10% for early users. Full transparency.

Meanwhile, the roadmap promises real decentralization by 2027: from a centralized sequencer to permissionless validators.

Numbers that speak

Linea has significantly grown its TVL, driven by incentive campaigns and integrations with Aave and other DeFi giants. The ecosystem is gaining critical mass.

The verdict

Linea isn’t perfect, but its economic model is different. The dual burn mechanism aligns it with both Ethereum and its own incentives. It’s as if it’s playing both sides and winning.

If you’re looking for a Layer 2 that gets tokenomics, this one is worth watching.

LINEA2.49%
ETH3.34%
AAVE4.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)