Ethereum layer-2 community Linea goals to make use of its upcoming LINEA token as an incentive to attract the world’s capital to Ethereum.
Described by backers as probably the most Ethereum-aligned layer-2 community, Linea will provide native yield to ETH stakers, in addition to an ecosystem fund made up of round 54 billion LINEA tokens to attract customers to its community.
Linea’s long-awaited token era occasion (TGE) is approaching September 10. Right here’s a have a look at every little thing you have to learn about what the LINEA token is and who can declare it.
5 weeks in the past, Ethereum celebrated 10 years of zero downtime. Subsequent week, LINEA turns into probably the most important token to enter the ecosystem since ETH itself.
The eligibility checker is now stay forward of the September 10 TGE.
Verify yours at https://t.co/GDV3kRe0Kf pic.twitter.com/emB8WlqCNF
— Linea.eth (@LineaBuild) September 3, 2025
What’s the LINEA token?
Distributed by Swiss nonprofit the Linea Affiliation, LINEA is the native token of the Ethereum layer-2 community of the identical title. The community was developed by Ethereum software program growth agency, Consensys, and Linea is described an “extension” of the established layer-1 community. (Disclaimer: Consensys is certainly one of 22 buyers in an editorially unbiased Decrypt).
In contrast to different layer-2 community tokens, LINEA is not going to act because the native gasoline token for the Linea community. As a substitute, Linea will use ETH as its gasoline token to pay transaction charges. The LINEA token additionally differentiates itself from different layer-2 community tokens, because it doesn’t have any governance powers and it’s topic to a buyback and burn mechanism.
In different phrases, utilizing a portion of the ETH income it earns from transaction charges, the community will purchase LINEA and subsequently burn it, or successfully take away it from the circulating provide.
The token will preserve a complete provide of 72,009,990,000 LINEA, or 10 occasions the preliminary circulating provide of Ethereum.
When is LINEA dropping?
The LINEA token era occasion (TGE) will happen on September 10, at which level any eligible airdrop individuals can start the declare course of.
Eligible events may have as much as 90 days to assert their LINEA tokens. After that point, any unclaimed LINEA tokens can be added to the ecosystem fund and subsequently distributed by the Linea Consortium.
Who will get the LINEA airdrop?
The LINEA token can be distributed in three main buckets: early customers, ecosystem individuals, and the Consensys treasury.
10% Early Adopters
Early customers of Linea’s community that earned factors through the Linea Voyage and Linea Surge campaigns are eligible to assert their respective share of round 10% of the LINEA provide. As a way to be eligible, marketing campaign individuals should have achieved no less than 2,000 factors within the Voyage marketing campaign and 15,000 factors within the Surge marketing campaign.
This standards and the elimination of round 800,000 sybil wallets, or those that tried to sport the system to earn the token, left round 750,000 eligible wallets to separate 9.3 billion LINEA tokens.
An additional 1% of the early adopters bucket is put aside for strategic builders within the Linea ecosystem, however these tokens can be immediately distributed and won’t be claimed as a part of the airdrop.
An airdrop eligibility checker was launched by Linea on September 3.
75% Linea Ecosystem Individuals
The most important chunk of LINEA tokens, 75% of the full provide, can be awarded to lively individuals inside the Linea ecosystem and distributed by a collective physique of Ethereum-aligned entities dubbed the Linea Consortium.
Made up of companies like publicly traded Ethereum treasury SharpLink Gaming, ENS Labs, Eigen Labs, and Consensys, the consortium is remitted to distribute the ecosystem fund to these serving to propel the Linea community and Ethereum.
“It’s customers, it’s builders, it’s liquidity suppliers, it’s establishments, it’s creators… something or anybody that’s going to assist make Ethereum and Linea profitable,” Head of Linea Declan Fox instructed Decrypt in July.
Small parts of the 75% have already been authorized for distribution by the consortium, together with 4% at TGE for liquidity suppliers throughout the Linea Surge occasion. Distribution of an additional 1 billion LINEA tokens was authorized as a part of Linea Ignition, a liquidity bootstrapping occasion operating by way of October 26.
15% Consensys Treasury
The ultimate 15% of the LINEA provide is put aside for Consensys, the event agency that incubated the layer-2 community. All 15% of the tokens put aside for the software program agency are locked up for 5 years.
