Linea, an Ethereum Layer-2 network developed by ConsenSys, has unveiled its tokenomics and key protocol upgrades ahead of its token launch. The network will use Ethereum (ETH) exclusively for gas fees, with the LINEA token serving solely as an incentive and funding mechanism rather than for gas or governance. The tokenomics allocate 85% of the LINEA token supply to long-term ecosystem growth, while 15% is reserved for the ConsenSys treasury. Linea introduces native ETH staking that yields rewards, protocol-level ETH burning, and is supported by an Ethereum-native consortium managing the largest ecosystem fund in the space. These features highlight Linea's focus on ETH-native mechanisms, including dual burn mechanics and a credibly neutral architecture. Recent DeFi activity on Linea includes launches such as Etherex with veNILE-aligned tokenomics and partnerships to enhance ETH liquidity and treasury growth. The developments position Linea as a prominent Ethereum Layer-2 solution emphasizing ETH-native scaling and ecosystem expansion.
NiftyNoon Podcast – August 3rd, 2025 🎙️ - JPMorgan x Coinbase: TradFi meets Base 🏦 - ETH ETF inflows soar, Linea burns ETH 🔥 - Bitcoin unfazed after $9B whale sale 🐋 - NFT momentum returns, OpenSea spikes 📈 - Trump’s digital assets report lands 🏛️ 👇
Last Week's DeFi Launches & Updates: Etherex launched on Linea with zero unlocks and veNILE-aligned $REX tokenomics. Weekly DeFi catalysts - all in one place: https://t.co/fMuL6AekLv
Last Week's DeFi Launches & Updates: Etherex launched on Linea with zero unlocks and veNILE-aligned $REX tokenomics. ETH Strategy partnered with Arrakis for ETH/STRAT liquidity and ETH treasury growth. Linea upgraded: ETH yield, fee burns, and 85% LINEA token for ecosystem.