Snapshot Finalized for Ethereum Layer 2 Airdrop
Linea, the Ethereum Layer 2 scaling solution developed by Consensys, has officially confirmed the completion of its blockchain snapshot ahead of the long-anticipated LINEA token airdrop. This snapshot will determine eligibility for the distribution of the new LINEA tokens.
9% of LINEA Tokens Reserved for Voyage Campaign Participants
Declan Fox, Product Director at Linea, revealed that 9% of the total LINEA supply will be distributed to users who engaged in the network’s Voyage user incentive campaign. Participants earned LXP points throughout the campaign, and their balances were recorded during the final snapshot.
Eligibility will be based on specific thresholds and multipliers, which Linea plans to disclose soon via an eligibility checker tool. To ensure fairness, the team has already completed Sybil filtering to remove ineligible or fraudulent accounts.
1% Allocation for Strategic Builders and Aligned Communities
In addition to the user distribution, 1% of LINEA’s total supply will be allocated to “strategic builders.” These include Linea-aligned decentralized applications (dApps), developer teams, and active communities. The Linea team will evaluate each project’s plan to determine its value to the ecosystem, and may delegate tokens to be redistributed by builders to their own users.
Long-Term Tokenomics: 85% for Ecosystem Growth
Linea is committing 85% of its total token supply—amounting to 72 billion LINEA tokens—to ecosystem growth initiatives. Of this, 75% will be managed through a long-term ecosystem fund with a 10-year unlock schedule. This fund will support grants, liquidity incentives, partnerships, and other growth strategies directed by decentralized governance.
The remaining 15% of tokens will be held by Consensys, with a five-year lockup to ensure long-term alignment.
Deflationary Design and Protocol-Level ETH Integration
Linea is not just another Ethereum Layer 2. It aims to be the hub for ETH capital by fully aligning with Ethereum’s infrastructure and economic design. Since its launch in July 2023, Linea has introduced zkEVM-based scaling using ZK-Rollups and compatibility with existing Ethereum smart contracts.
Looking forward, Linea will launch innovative features such as native yield on bridged ETH, a built-in ETH burn mechanism, and a deflationary token model. The network will allocate 20% of transaction fees (paid in ETH) to be burned at the protocol level—a first among Layer 2s. The remaining 80% of ETH fees will be used to burn LINEA tokens, reinforcing a deflationary supply model.
Ethereum Ecosystem Fund to Be Managed by Leading Projects
To support this vision, Linea has established an Ethereum Ecosystem Fund, managed by a consortium of respected Ethereum-native institutions including Consensys, Eigen Labs, ENS Labs, Status, and SharpLink. The fund will operate for at least 10 years to ensure sustained impact on the Ethereum developer and user community.
