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Today, we're setting a new standard for Ethereum Layer 2. Introducing native ETH yield, protocol-level ETH burn, and an Ethereum-native Consortium to manage the largest ecosystem fund in the space. This is how we build the Layer 2 where Ethereum wins.
1,760,626 views • 1 year ago •via X (Twitter)
40 Comments
Linea will be the first L2 to burn ETH at the protocol level. 20% of all net transaction fees (paid in ETH) will be burned, directly reducing ETH supply, supporting Layer 1 value accrual, and increasing the value of ETH.
Bridged ETH will generate DeFi rewards. ETH deposits will produce staking rewards to be distributed to LPs, fuelling Linea’s DeFi ecosystem. Linea LPs will accumulate this native yield in addition to returns from Linea DeFi activity, creating the best risk-adjusted returns and making Linea the best chain for ETH capital.
Ethereum’s largest ecosystem fund. LINEA’s token echoes the distribution of the Ethereum Genesis claim and puts the ecosystem first, directing the majority of funds toward users, builders, Ethereum public goods, and R&D. 85% Ecosystem (75% development fund + 10% early users) 15% Consensys treasury (5-year lockup) No insiders. No value extraction. Just Ethereum.
Fund management by Ethereum-native stewards. The Linea Consortium consists of a group of credible Ethereum organizations already significantly contributing to strengthening Ethereum. Its founding members include @eigenlabs, @ensdomains, @sharplink, @ethstatus, and @Consensys. More members to be announced in the future.
True Ethereum compatibility meets aligned economics. Full Ethereum equivalent tech + ETH as gas token + ETH burn + Capital-efficient mechanics + Ecosystem-first tokenomics + Steward governance = the most Ethereum-centric L2.
With $100B+ in ETH staked and $25T in transaction volume, Ethereum is cementing its role as the global settlement layer. Linea is here to be Ethereum's most natural extension and strongest accelerator. Linea is where Ethereum wins. Believe in SomETHing. Read more here
Linea wins!
10% $LINEA for early users
$LINEA is here 10% of token allocated to “early users” aka airdrop
👏
fix that typo with 10% ➡️ you meant 30%
Linea is dead
Hey @lechiffre I want a comparison thread with your predictions now 👀
only 10 % ?!!!!!!!!!!!!!!!!!!!
10% for early, hm then u need to delete more sybils 🐍
I learned about Linea when I was 13 Now I am 78 , thanks!!!
Only 10% for airdop? Surely you could have added another 5% (from the ecosystem dev fund)
Congrats to Linea.
10%? dusts cv
Linea is Ethereum Aligned 👏
We’re almost there guys Just little bit more like 3yrs for checker and 1yrs for TGE. Just be patient with us at linea
10%?? campaign reward or what? No VC investment, no sell pressure, decent market valuation and you guys settling for a fraction of that… Hyperliquid did 33% inital airdrop, skim through the timeline of what brought them to where they are today… To claim you’re the most secured, exact imitation and extension of Ethereum L1, you’d do well to treat your community right with a better genesis community allocation… Quite disappointing on LINEA’s part despite stressing your tokenomics would be the most innovative of other web3 networks launched in a while… @DeclanFox14 @ethereumJoseph
Linea has always been like this — nothing is clear here. What is the total supply of $LINEA? It can simply be understood as 10% for early users, but who exactly is Linea referring to here? What percentage of holders are holding LXP? And what percentage participated in farming LXP_L?
Congratulations on a great accomplishment 🤝
10% for what exactly after how many years of milking??? @union_build stick with your planned distribution
100% Ethereum..... We believed and you delivered....🙂↕️
state of linea
10% is good, but we expected some tangible details like - supply - TGE date - eligibility checker We didn't wait all these months for today just to get sketchy details.
@base time to take it to the next level lads
It remains to reveal such details
We are bullish on @LineaBuild
10% ? This is joke? Now we can officially announce that Linea is dead
👀
@sassal0x Crazy good! This is how it should be. Think I have found my L2, at least until others match the standard you set.
10% ? lol, pack it up boys!
LOADING CANDLE
wen checker?
You had time,you had experience from other l2 and you still fucked up xD
@ethereumJoseph COOKING 🧑🍳
10% to early users What u mean bro
![Standard Chartered’s Geoffrey Kendrick explains his $40,000 ETH price target by 2030 “I think a lot of [tradfi activity] happens on Ethereum Layer 1. I think about how BlackRock rolled out BUIDL, for example — all on layer 1 Ethereum… which I think is a more logical playbook for how tradfi will approach this buildout in the next year. And if you assume that more activity equals higher token price — which I think is correct (today I find the best measure is fees paid on the applications or protocols built on the Ethereum network) — I think that means ETH outperforms now and for the foreseeable.” Geoffrey Kendrick is the Global Head of Digital Assets Research at Standard Chartered and former Head of Asia FX & Rates Strategy at Morgan Stanley. He believes the ETH/BTC ratio will go from 0.03 today to 0.04 by the end of 2026, which is a $4,000 price target for ETH at $100,000 BTC. “My long-term forecast is $500,000 BTC by 2030 and $40,000 Ethereum by 2030… roughly 20x [for Ethereum], but a huge outperformance [versus Bitcoin] as well. And it’s because all the use cases we’ve been talking about, will almost all happen on Ethereum.” Source: Milk Road Milk RoadMacro Standard Chartered](https://image.24vids.com/tw-2043468264219578428/amplify_video_thumb/2043468081503096832/img/NxSKcXguvmTipkXV.jpg)
![Standard Chartered’s Geoffrey Kendrick explains his $40,000 ETH price target by 2030 “I think a lot of [tradfi activity] happens on Ethereum Layer 1. I think about how BlackRock rolled out BUIDL, for example — all on layer 1 Ethereum… which I think is a more logical playbook for how tradfi will approach this buildout in the next year. And if you assume that more activity equals higher token price — which I think is correct (today I find the best measure is fees paid on the applications or protocols built on the Ethereum network) — I think that means ETH outperforms now and for the foreseeable.” Geoffrey Kendrick is the Global Head of Digital Assets Research at Standard Chartered and former Head of Asia FX & Rates Strategy at Morgan Stanley. He believes the ETH/BTC ratio will go from 0.03 today to 0.04 by the end of 2026, which is a $4,000 price target for ETH at $100,000 BTC. “My long-term forecast is $500,000 BTC by 2030 and $40,000 Ethereum by 2030… roughly 20x [for Ethereum], but a huge outperformance [versus Bitcoin] as well. And it’s because all the use cases we’ve been talking about, will almost all happen on Ethereum.” Source: Milk Road Macro Milk Road (Mar 2026)](https://image.24vids.com/tw-2067238504011096099/amplify_video_thumb/2067238377137553408/img/O-L5OIsUxqyio4LC.jpg)
