L2 Linea: Expanding the potential of Ethereum with breakthrough token distribution

The Layer 2 network LINEA on Ethereum will officially launch the LINEA token on September 10. The project has announced a total supply of 72 billion tokens, positioning this asset as “silver to Ethereum's gold” and committing to one of the largest ecosystem funds in cryptocurrency history.

Airdrop and Ecosystem Fund Distribution Structure

LINEA announces that 85% of the supply will be allocated for ecosystem development. The allocation details include:

• 10% for early users and developers, fully unlocked distribution
• 75% for the long-term ecosystem fund
• 4% for the community airdrop for liquidity providers

Notably, the tokenomics exclude allocations for venture capital firms and the Linea team. Instead, oversight will be handled by the Linea Consortium - a group of native Ethereum organizations including Consensys, Eigen Labs, ENS Domains, SharpLink Gaming, and Status.

The token request period lasts from September 10 to December 9. Unrequested tokens will return to the ecosystem fund. The conditions for receiving the airdrop are determined by participation in Linea's LXP and LXP-L campaigns, rewarding on-chain activity, early participation, and the use of MetaMask.

Ignition Program and Token Mechanism

LINEA also launched the “Ignition” program, distributing 1 billion tokens to enhance liquidity on decentralized platforms such as Etherex, Aave, and Euler. The system uses zero-knowledge proof developed by Brevis to verify rewards.

In addition, the referral network with a dual burn mechanism is designed to strengthen Ethereum. ETH and LINEA will be burned through activities, creating value feedback loops for Layer 1 of Ethereum.

The growth of the ecosystem reflected through DeFi indicators

Data from DefiLlama shows that Linea's DeFi activity is skyrocketing ahead of the token launch:

• The total locked value (TVL) recently surpassed 1.07 billion USD
• The market capitalization of stablecoins reached 205.21 million USD
• Daily DEX trading volume: 192.87 million USD
• Daily perpetuals trading: 27.41 million USD
• TVL transferred across the bridge: 1.875 billion USD
• Daily revenue: 157.855 USD
• Daily fee: 207.232 USD
• Daily inflow: 805,000 USD

This increase reflects liquidity and growing adoption, indicating that investors are positioning themselves ahead of the launch on September 10.

Linea's positioning as “the most important token since ETH” underscores its ambition to become the center of the expanding Ethereum ecosystem. However, there are still challenges, including concerns about inflation and selling pressure after the airdrop due to the large token supply.

The success of Linea's bold distribution model and ecosystem-first approach will depend on the ability to sustain development momentum beyond the initial airdrop window.