Consensys founder Joseph Lubin commented on future rewards for Linea token holders, emphasizing the importance of long-term holding.
Potential Rewards for Long-Term Holders
In a post on X, Lubin stated that long-term holders of LINEA tokens might be eligible for future distributions, including tokens from Consensys and other aligned projects. He mentioned that holding tokens indicates the user's membership in the Linea community and their engagement in its economic activities. "If we notice at some point in the future that you’ve held n LINEA tokens for m days, that might just lead to another token landing in your account," he wrote.
Community Requests for Additional Opportunities
Lubin's comments were a direct response to a community member who raised the issue of the utility of LINEA tokens. The user urged for the implementation of staking and lending, pointing out that many do not know how to utilize their tokens. "Users do not know what to do with the Linea they are holding," he wrote. Some users also floated the idea of token buybacks instead of rewarding holders with new tokens.
Price Dynamics of Linea Tokens
Following the LINEA token generation event, a notable decrease in their price has been observed. According to CoinGecko data, the price peaked at $0.046 before sharply declining to around $0.024, reflecting a loss of over 20% in value within the last 24 hours.
In the wake of the LINEA token activation and Joseph Lubin's new comments, the community is actively discussing the potential uses of tokens and their future value.
