Linea.eth Profile picture
Jul 29 8 tweets 3 min read Read on X
Today, we're setting a new standard for Ethereum Layer 2.

Introducing native ETH yield, protocol-level ETH burn, and an Ethereum-native Consortium to manage the largest ecosystem fund in the space.

This is how we build the Layer 2 where Ethereum wins.
Linea will be the first L2 to burn ETH at the protocol level.

20% of all net transaction fees (paid in ETH) will be burned, directly reducing ETH supply, supporting Layer 1 value accrual, and increasing the value of ETH.
Bridged ETH will generate DeFi rewards.

ETH deposits will produce staking rewards to be distributed to LPs, fuelling Linea’s DeFi ecosystem. Linea LPs will accumulate this native yield in addition to returns from Linea DeFi activity, creating the best risk-adjusted returns and making Linea the best chain for ETH capital.
Ethereum’s largest ecosystem fund. LINEA’s token echoes the distribution of the Ethereum Genesis claim and puts the ecosystem first, directing the majority of funds toward users, builders, Ethereum public goods, and R&D.
85% Ecosystem (75% development fund + 10% early users)

15% Consensys treasury (5-year lockup)
No insiders. No value extraction. Just Ethereum.Image
Fund management by Ethereum-native stewards.

The Linea Consortium consists of a group of credible Ethereum organizations already significantly contributing to strengthening Ethereum. Its founding members include @eigen_labs, @ensdomains, @SharpLinkGaming, @ethstatus, and @Consensys.

More members to be announced in the future.Image
True Ethereum compatibility meets aligned economics.

Full Ethereum equivalent tech
+ ETH as gas token
+ ETH burn
+ Capital-efficient mechanics
+ Ecosystem-first tokenomics
+ Steward governance

= the most Ethereum-centric L2.
With $100B+ in ETH staked and $25T in transaction volume, Ethereum is cementing its role as the global settlement layer.

Linea is here to be Ethereum's most natural extension and strongest accelerator.

Linea is where Ethereum wins.

Believe in SomETHing.

Read more here
linea.build/blog/linea-is-…
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More from @LineaBuild

Feb 26
Say hello to Coinmunity Cashback—The world’s first community-driven card rewards program. A collab between ourselves, @DapDapMeUp , and @MetaMask Card.

Starting now, users can earn 8% cashback (in DeFi tokens, stablecoins, memecoins, NFTs, and really anything onchain) for spending with MetaMask Card.

Read more here: linea.mirror.xyz/gLosdaZ5PjstsY…
This isn’t just cashback—it’s your community economy.

Picture this: Every coffee, tank of gas, or online purchase becomes a stake in the communities you love. With Coinmunity Cashback, MetaMask Card transforms routine spending into a decentralized loyalty program.
Spend crypto anywhere Mastercard works, and earn up to 9% back (8% Coinmunity Rewards + 1% USDC Cashback from MetaMask Card).
Read 10 tweets
Dec 4, 2024
🚨 Win 80 USDC this holiday season! 🚨
@MetaMask and Linea are celebrating the MetaMask Card pilot in the UK, EU, & Switzerland with a #CryptoHolidayChallenge for holiday shoppers! 🎁

Here’s how you can participate: 🧵👇
linea.mirror.xyz/J9XmfDlHvxzzmK…
What is MetaMask Card?

A crypto card that works like a debit card. Spend $USDC, $USDT, or $WETH directly from your MetaMask wallet wherever Mastercard is accepted. 🌐
Your keys, your card, your crypto.

No credit checks, no banks—Just your wallet, your assets and your choices. You, in full control. The way it should be, the way it finally can be, with MetaMask Card on Linea 💳✨

MetaMask Card on Linea gives you true self-custody until the moment of payment.
Read 10 tweets
Nov 5, 2024
[Your name].linea.eth

A human-readable wallet address and domain name to kickstart your onchain identity

Ready to claim yours on Linea?

Here’s how to register your Linea Name:
support.linea.build/explore/ensImage
Before you start, make sure you have:

- Completed Proof of Humanity verification:
- ETH on Linea for transaction fees
- No existing .linea.eth domain (You only get one per account)

Remember: Registration is locked for 3 years.poh.linea.build
Step-by-step process:

- Visit the Linea ENS app
- Connect your wallet
- Search for your desired name
- Verify your PoH status

Let's keep going...names.linea.build
Read 7 tweets
Oct 23, 2024
Voyagers,

During Culture SZN we announced that Linea will no longer host campaigns using LXP.

Alphamind’s ecosystem campaign (which just launched!) will be the LAST partner-hosted campaign with LXP.



Read below for info on the final LXP drops (yes, including Linea Voyage testnet NFT 👀)Image
We will soon be dropping LXP for…

- Testnet Voyage NFTs
- Private testnet participants (early 2023)
- ZeroLend and Nile’s Last Rush

The snapshot for the Testnet Voyage NFT was taken today at 14:40CET (block height: 11113454)
REMEMBER: Your wallets need a valid Proof of Humanity (PoH) by 📅 October 30th , 11:59CET to be eligible for these drops. poh.linea.build

For the Alphamind campaign, users have until the end of
the quest on November 3rd to complete PoH.

Need a refresh on how it all works? Read here: linea.mirror.xyz/Q5uHbOJFPqwVjK…
Read 5 tweets
Oct 3, 2024
We're preparing to drop the LXP users collected for Culture Szn soon! Linea's community helped new NFT and cultural projects flourish and create Linea Guilds.

A thread on the drop 👇
Every drop requires a careful review across over a million addresses to ensure each user gets the right amount of LXP. During this process, we are looking to see if Sybil farms have exploited the campaign.
Linea innovated the proof of humanity system using Verax to ensure that our network prioritizes real people, not empty addresses.
Read 8 tweets
Jul 30, 2024
Ethereum addresses are essential but hard to remember. Ethereum Name Service (ENS) simplifies this by translating blockchain addresses into human-readable names.

Starting today, @ensdomains are now available on Linea, building towards our vision of a user-friendly Ethereum. 🥳
ENS' growth parallels the rise of Layer 2 blockchains like Linea, which lower fees and increase transaction speeds, and even @VitalikButerin highlighted that L2s are crucial for keeping @ensdomains affordable.

First introduced in 2017, ENS has become vital in the Ethereum ecosystem, improving user experience, reducing transaction errors, & fostering DIDs.🌐

If you've completed Linea PoH, you can register for a free Linea @ensdomain here: names.linea.build
Read 7 tweets

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