🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Linea: The Layer 2 that's changing the game on Ethereum
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:
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:
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.