Linea Reveals 85% Ecosystem Token Allocation, Native ETH Yield, and Sharplink Partnership

DeFi News
DeFi News
ETH-0.40%

Ethereum Layer 2 network Linea has unveiled a flurry of Ethereum-centric ecosystem designs, including an ETH buy-and-burn mechanism, native yield on ETH, and a partnership with Sharplink Gaming.

Additionally, 85% of the supply of the blockchain’s upcoming token, which does not yet have a release date, has been allocated to developing Linea’s ecosystem. 10% will be distributed as an airdrop to early users, with the remaining 75% to be used for future airdrops, incentive programs, grants, or funding of public goods.

Linea, developed by blockchain software firm Consensys, will also work closely with Sharplink Gaming, the Ethereum treasury company helmed by Consensys founder and Ethereum co-founder, Joseph Lubin.

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