Ethereum layer-2 network Linea goals to utilize its upcoming LINEA token as an incentive to blueprint the world’s capital to Ethereum.
Described by backers as basically the most Ethereum-aligned layer-2 network, Linea will offer native yield to ETH stakers, besides to an ecosystem fund made up of around 54 billion LINEA tokens to blueprint customers to its network.
Linea’s prolonged-awaited token generation occasion (TGE) is coming on September 10. Here’s a glance at all the pieces it is miles a have to-salvage to know about what the LINEA token is and who can state it.
Five weeks ago, Ethereum noted 10 years of zero downtime. Next week, LINEA becomes the foremost token to enter the ecosystem since ETH itself.
The eligibility checker is now stay sooner than the September 10 TGE.
Test yours at https://t.co/GDV3kRe0Kf pic.twitter.com/emB8WlqCNF
— Linea.eth (@LineaBuild) September 3, 2025
What’s the LINEA token?
Distributed by Swiss nonprofit the Linea Affiliation, LINEA is the native token of the Ethereum layer-2 network of the same name. The network became as soon as developed by Ethereum instrument pattern firm, Consensys, and Linea is described an “extension” of the established layer-1 network. (Disclaimer: Consensys is one of twenty-two investors in an editorially just Decrypt).
Unlike rather just a few layer-2 network tokens, LINEA isn’t going to act because the native gasoline token for the Linea network. As an different, Linea will utilize ETH as its gasoline token to pay transaction prices. The LINEA token also differentiates itself from rather just a few layer-2 network tokens, as it does not salvage any governance powers and it is miles discipline to a buyback and burn mechanism.
In rather just a few words, the utilize of a fraction of the ETH income it earns from transaction prices, the network will aquire LINEA and subsequently burn it, or effectively put off it from the circulating present.
The token will relief a total present of 72,009,990,000 LINEA, or 10 times the initial circulating present of Ethereum.
When is LINEA losing?
The LINEA token generation occasion (TGE) will take state on September 10, at which level any eligible airdrop participants can inaugurate up the state job.
Eligible occasions could salvage up to 90 days to state their LINEA tokens. After that time, any unclaimed LINEA tokens will seemingly be added to the ecosystem fund and subsequently disbursed by the Linea Consortium.
Who will procure the LINEA airdrop?
The LINEA token will seemingly be disbursed in three foremost buckets: early customers, ecosystem participants, and the Consensys treasury.
10% Early Adopters
Early customers of Linea’s network that earned aspects via the Linea Voyage and Linea Surge campaigns are eligible to state their respective allotment of around 10% of the LINEA present. In assert to be eligible, advertising campaign participants must salvage done not less than 2,000 aspects in the Voyage advertising campaign and 15,000 aspects in the Surge advertising campaign.
This criteria and the elimination of around 800,000 sybil wallets, or of us that tried to game the machine to procure the token, left around 750,000 eligible wallets to destroy up 9.3 billion LINEA tokens.
An additional 1% of the early adopters bucket is decided aside for strategic builders in the Linea ecosystem, however those tokens will seemingly be straight disbursed and could just not be claimed as allotment of the airdrop.
An airdrop eligibility checker became as soon as released by Linea on September 3.
75% Linea Ecosystem Members
The supreme chunk of LINEA tokens, 75% of the whole present, will seemingly be awarded to active participants internal the Linea ecosystem and disbursed by a collective body of Ethereum-aligned entities dubbed the Linea Consortium.
Made up of corporations love publicly traded Ethereum treasury SharpLink Gaming, ENS Labs, Eigen Labs, and Consensys, the consortium is mandated to distribute the ecosystem fund to those serving to propel the Linea network and Ethereum.
“It’s customers, it’s builders, it’s liquidity suppliers, it’s institutions, it’s creators… something else or anyone that’s going to again produce Ethereum and Linea winning,” Head of Linea Declan Fox educated Decrypt in July.
Minute parts of the 75% salvage already been accredited for distribution by the consortium, alongside with 4% at TGE for liquidity suppliers at some level of the Linea Surge occasion. Distribution of an additional 1 billion LINEA tokens became as soon as accredited as allotment of Linea Ignition, a liquidity bootstrapping occasion running by October 26.
15% Consensys Treasury
The good 15% of the LINEA present is decided aside for Consensys, the pattern firm that incubated the layer-2 network. All 15% of the tokens state aside for the instrument firm are locked up for five years.
