Consensys has unveiled details regarding the LINEA tokenomics, which will be part of their Layer 2 initiative. The main focus is on community and infrastructure development.
Tokenomics of LINEA: Focus on Community
The total supply of the LINEA token will be 72 billion, with 85% allocated for community-focused ecosystem development. 'The Ecosystem Fund is managed by the Linea Consortium: a council of Ethereum-native stewards including ENS Labs, Eigen Labs, and Consensys.'
No Venture Capital for Sustainable Growth
In contrast to venture-backed models, LINEA's token allocation structure supports decentralized growth and long-term sustainability by engaging the community in the Ethereum ecosystem.
Dual-Burning Mechanism of Linea Tokens
The dual-burning mechanism of LINEA tokens could positively influence token scarcity and value, mirroring trends seen in other Layer 2 projects.
LINEA's initiatives highlight the importance of community and infrastructure in establishing sustainable and decentralized ecosystem growth, while the market gains new investment opportunities.
