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Ethereum Layer-2 Network Linea Announces Launch of LINEA Token

Summary: According to Decrypt, the Ethereum Layer-2 network Linea has announced the launch of the LINEA token, with 75% of token distribution managed by the Linea Alliance composed of companies like SharpLink Gaming and ENS Labs. The network plans to use 20% of transaction fees to burn ETH and 80% to burn LINEA, creating a deflationary ...

According to Decrypt, the Ethereum Layer-2 network Linea has announced the launch of the LINEA token, with 75% of token distribution managed by the Linea Alliance composed of companies like SharpLink Gaming and ENS Labs. The network plans to use 20% of transaction fees to burn ETH and 80% to burn LINEA, creating a deflationary mechanism.

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