Layer 2 LINEA announces tokenomics: ETH as gas, LINEA is not governed.

The Layer 2 Linea network, developed by ConsenSys on the Ethereum platform, has officially announced the distribution mechanism for the LINEA token, introducing a unique tokenomics model linked to Ethereum.

Unlike traditional layer 2 models, Linea separates the utility role and the value capture mechanism: it only uses ETH as gas, while burning both ETH and LINEA from network fees. Specifically, 20% of layer 2 fee revenue in ETH will be burned, while the remaining 80% will be used to buy back and burn LINEA. This "double burn" mechanism aims to strengthen the monetary position of ETH, while linking the value of LINEA to the actual level of usage.

Notably, LINEA will not be used as a governance token and the network will not operate under a DAO model. Instead, strategic decisions will be managed by the Linea Consortium – a council of native Ethereum projects such as ENS Labs, Eigen Labs, and SharpLink – under the sponsorship of a non-profit organization based in the United States.

LINEA token distribution

The total supply of LINEA is fixed at 72 billion tokens, of which:

• 85% for ecosystem growth
• 15% belongs to the treasury of ConsenSys

At launch, 22% of the total supply will be in circulation, primarily through airdrop programs and providing liquidity for early users. Notably, no tokens will be sold to investors or employees.

The Ecosystem Fund ( accounts for 75% of the total supply and will be deployed gradually over 10 years. In the first 12–18 months, about 25% will be used for community development, supporting developers, preparing exchanges, and liquidity. The remaining 50% is allocated for ecosystem infrastructure, funding public goods, and researching and developing protocols.

In addition:

• 9% is distributed to early users through airdrop, fully unlocked at the time of TGE. Eligibility is based on actual activity )Linea XP( and the level of participation in the ecosystem.
• 1% is allocated to strategic partners such as decentralized applications and key infrastructure units, carefully selected based on long-term vision.

) Focus on Ethereum orientation

Instead of viewing LINEA as a governance token, Linea positions it as an economic coordination tool, where substantive participation rather than capital is the determining factor for resource allocation. This model emphasizes decentralized growth and long-term funding for public goods – reflecting Ethereum's original vision since 2015.

Currently, according to data from DefiLlama, LINEA has a total value locked of 155 million USD ###TVL( and over 350 applications deployed on the network. Recently, LINEA has integrated native USDC and partnered with Layerswap to reduce bridge fees, aiming to encourage new users to join the network.

Thạch Sanh