Linea Launches Airdrop Checker as Token Debut Nears

Linea Launches Airdrop Checker as Token Debut Nears
Table of Contents

TL;DR

  • Airdrop Launch: Linea will distribute 9.36B LINEA tokens to 749,662 eligible addresses, with claims open from Sept. 10 to Dec. 9 before unclaimed tokens return to the Ecosystem Fund.
  • Tokenomics: 85% of supply goes to ecosystem growth, 15% to Consensys under a five-year lockup, avoiding tokenholder governance in favor of Consortium oversight.
  • Rewards System: Seven LXP tiers determine allocations, with boosts for early mainnet use, consistent activity, and MetaMask engagement, plus uncapped rewards for LXP-L liquidity providers.

Ethereum Layer 2 network Linea has activated its airdrop eligibility checker, giving users a first look at their potential allocation of the upcoming LINEA token. The move comes ahead of the token generation event (TGE) on September 10, marking a pivotal step in the project’s strategy to reward early participation and strengthen the Ethereum ecosystem.

Eligibility and Claim Process

The airdrop, managed by the Linea Association, will distribute 9,361,298,700 tokens to 749,662 eligible addresses. The claim window opens on September 10 and closes on December 9, offering 90 days for participants to secure their tokens. Any unclaimed tokens will go back to the Linea Consortium Ecosystem Fund, which helps with the development of both Linea and Ethereum.

Eligibility is based on activity in the Linea Voyage (LXP) and Linea Surge (LXP-L) campaigns, with Proof-of-Humanity checks and minimum thresholds to deter sybil attacks.

Tokenomics and Governance

The protocol’s tokenomics reflect the original model of Ethereum, dedicating 85% of the total supply to the ecosystem. Of this, 10% is reserved for early users and builders via an unlocked airdrop, while 75% funds a decade-long Ecosystem Fund managed by Ethereum-native organizations such as Consensys, Eigen Labs, ENS, SharpLink, and Status.

Consensys keeps the last 15% locked for five years. The network steers clear of tokenholder governance, with the Consortium managing strategic choices to avoid the issues of token-based voting.

Linea Launches Airdrop Checker as Token Debut Nears

Tiered Rewards and Boosts

LXP participants are divided into seven tiers, with higher tiers receiving proportionally larger allocations. Boosts of 10% are available for early mainnet usage, sustained activity, or MetaMask product engagement. LXP-L rewards liquidity providers directly and without caps, reflecting the sybil-resistant nature of total value locked. A separate 1% allocation is reserved for strategic builders, distributed based on long-term ecosystem impact.

Technical Design and Long-Term Vision

The blockchain operates as a zkEVM leveraging ZK-rollup technology, fully compatible with Ethereum applications. When the token is launched, 20% of all transaction fees paid in ETH will be burned at the protocol level. The other 80% will be used to burn LINEA tokens, leading to a deflationary supply. The project positions itself as an extension of Ethereum, aiming to channel value back to Layer 1 while fostering community ownership and sustainable growth.

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews