Linea Sets Sept. 10 TGE — Airdrop Checks Open, 85% to Ecosystem

According to Linea, 85% of tokens go to the ecosystem: 10% for early users and builders and 75% to an ecosystem fund, with 4% for LP airdrops. No team or investor allocation. Claims run Sept. 10–Dec. 9, fully unlocked.

Summary

Linea announced a token generation event on September 10 and opened airdrop eligibility checks. The project will allocate 85% of tokens to its ecosystem: 10% for early users and builders and 75% to an ecosystem fund. Within that, 4% is reserved for a community airdrop to liquidity providers. No tokens are allocated to the team or investors. The airdrop claiming period runs from September 10 to December 9, with all tokens fully unlocked.

Terms & Concepts
  • Token Generation Event (TGE): The creation and initial distribution of a project’s tokens, marking their first availability to users.
  • Airdrop: A distribution of tokens to eligible users based on predefined criteria, typically free of purchase requirements.
  • Liquidity Providers (LPs): Participants who supply assets to liquidity pools to facilitate trading and may receive fees or incentives.