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Linea Hints at Upcoming Tokenomics Announcement with Teaser Image

Linea's tokenomics announcement generates buzz, with airdrop eligibility and a total supply of 72 billion LINEA tokens set to impact early users.

ETH

Summary

Linea, the Ethereum Layer 2 network by ConsenSys, has announced its tokenomics model, generating community interest. The Token Generation Event (TGE) is postponed to Q1 2025, but early users may benefit from airdrops via the LXP points system. The total supply of LINEA tokens is 72 billion, with 9% allocated for airdrops without lock-up periods. ETH will be the only gas token on the network, and initial market estimates suggest LINEA tokens could be valued between $0.035 and $0.06 during the TGE, with each LXP point potentially worth $0.15 to $0.3.

Terms & Concepts
  • Token Generation Event (TGE): A scheduled event where a new cryptocurrency token is created and distributed to investors or the public.
  • airdrop: A distribution method in which free tokens are sent to multiple wallet addresses, often to promote a new cryptocurrency.
  • LXP points system: A points-based system used by Linea to determine eligibility for airdrops and rewards.