ETH gas, 85 % environmental system, 15 % cabinet star-news.press/wp

Ethereum Layer 2 released by Consensys, Takenomics Linea framework, reveals a unique model.

The update was shared on July 29 Blog post It arrives before the expected symbolic generation event in Why. ETH will work as a single gas code, while the new Linea icon will act as a mechanism for incentives and financing.

Linea is not for gas or governance

Unlike the model L2 models, LINEA separates the tool and captures the value using ETH exclusively for gas while burning both ETH and Linea from the network fees. 20 % of ETH Layer 2 revenues are burned, with the remaining 80 % to buy and burn Linea. This double burning mechanism is designed to enhance the cash ETH installment with the link of Linea to the real use.

Linea will not serve as a code of governance, and will not rule the DAO protocol. Instead, strategic decisions will be managed by the Linea Federation, the original ETHEREUM Council including Labs ENS, Eign Labs and Sharplink, under a non -profit entity based in the United States.

The distinctive symbol line

The total supply of Linea is fixed at 72 billion icons, with 85 % allocated to the growth of the ecosystem and 15 % for the Treasury Department. At launch, 22 % of the total offer will be traded, largely through RooproPs Airrops and early liquidity programs. The distinctive symbols have not been sold to investors or employees.

The ecosystem fund, which includes 75 % of the total offer, will be deployed over 10 years. In the first 12 to 18 months, about 25 % will go to the development of society, support for construction, willingness to exchange and provide liquidity. The remaining 50 % will go to the infrastructure of the ecosystem, public commodities and protocol.

9 % of supply will be distributed to the first users via Airdrops and will be opened entirely in TGE. The eligibility depends on the activity of Linea XP and ONSAIN, which reflects the original use and the participation of the ecosystems.

1 % of others will go to strategic builders, such as major decentralized applications and infrastructure partners, which are chosen through the process of selecting a coordinator focusing on long -term compatibility.

Focus on the alignment of Ethereum

Instead of framing the Linea icon as a governance tool, Linea is placed as an economic coordination tool. ”Participation, not capital, will be determined, how to allocate it to users, builders and shareholders in the ecosystem. The model, which confirms decentralized growth and financing of public goods in the long term, release ETHEREUM 2015.

Currently, Linea has $ 155 million in the total closed value, according to Devillama DataIt hosts more than 350 applications. Two main updates recently included the integration of the USA (USDC) and the partnership of fees with Layerswap to reduce the dam’s cost to Linea.