X @BSCN

Tokenomics Model Overview - Linea, an Ethereum Layer-2 solution by ConsenSys, unveils its tokenomics model for the upcoming LINEA token launch [1] - The total supply of LINEA is fixed at 72 billion [2] - No LINEA tokens will be sold to investors or team members [2] Token Allocation and Distribution - At launch, 22% of the total supply will be circulating, prioritizing early users based on onchain activity [2] - 85% of the total supply is allocated for long-term ecosystem development [2] - Key allocations include 75% to the Ecosystem Fund (deployed over 10 years), 9% for early user airdrops (fully unlocked at launch), 1% to core builders, and 15% to the ConsenSys treasury [4] Governance and Utility - Governance will be overseen by a U S-based nonprofit consortium including ENS Labs and Eigen Labs, not a DAO [2] - The LINEA token is positioned as an "economic coordination tool," not a governance device, aiming to reward meaningful ecosystem participation [4] - The network will use ETH for gas fees, not LINEA [4] Dual-Burn Mechanism - The tokenomics framework introduces a dual-burn mechanism: 20% of ETH fees on Layer-2 are burned, and 80% are used to buy and burn LINEA [4] Concerns - Critics point to the massive 72 billion token supply, raising concerns about potential post-launch sell pressure [3] - Linea's recent chain halt raises questions about decentralization and reliability [3]