Token Distribution Photographed by Linea in Preparation for Forthcoming CrYPTo Event
The Linea Consortium, a new player in the rapidly growing Ethereum Layer 2 sector, has taken a significant step forward with the finalization of its token airdrop snapshot on July 30, 2025. Declan Fox, Product Lead at Linea, has shared valuable insights about the yield bridge, the consortium charter, and the protocol's role in Ethereum's future.
The Linea airdrop is set to distribute 9% of the total LINEA token supply to eligible participants. To qualify, users must have participated in Linea’s Voyage campaign and earned LXP points. Eligibility will also require passing Sybil filtering and any additional criteria, which will be confirmed through an eligibility checker before distribution.
The tokens are expected to be distributed during the Token Generation Event (TGE), which will be announced one week before the official launch date. Notably, the airdropped tokens will be fully unlocked at the TGE, meaning recipients will receive their tokens immediately without vesting or lockup.
Key timelines and details:
- Snapshot finalized: July 30, 2025
- Eligibility announcement: Prior to TGE
- Token Generation Event (TGE): To be announced (one week before launch)
The remaining 85% of tokens will fund a 10-year ecosystem treasury to support Linea development, managed by Consensys, Eigen Labs, and ENS. Consensys holds 15% of tokens under a 5-year lockup. Post-launch, 20% of ETH fees will be permanently burned, and 80% will go towards burning LINEA tokens, creating deflationary pressure and enhancing token value.
Linea also plans to establish an ecosystem development fund and introduce an ETH-based yield model. The strong momentum in the Ethereum Layer 2 sector supports Linea's timing for its airdrop and token release, with rollups leading the growth of Ethereum Layer 2 solutions, outpacing Validiums and Optimiums in the current market. The value tied to Ethereum Layer 2 solutions has increased by 9.72% compared to last year, reaching $50.55 billion, according to data from L2Beat, a reliable source for information related to Ethereum Layer 2 solutions.
In summary, the Linea airdrop snapshot is complete, and the token distribution awaits the TGE announcement, which is expected soon. Eligibility is focused on verified Voyage participants and ecosystem builders, with tokens fully unlocked upon distribution. The strong growth in the Ethereum Layer 2 sector indicates a growing interest in scaling solutions, positioning Linea well for its future in the industry.
- The Linea airdrop, contributing to the Ethereum Layer 2 sector growth, will distribute 9% of the total LINEA tokens to eligible participants, with the airdropped tokens being fully unlocked at the TGE.
- To capitalize on the increasing interest in Ethereum Layer 2 solutions, Linea's post- launch strategy includes burning ETH fees, burning LINEA tokens, creating deflationary pressure, and establishing an ETH-based yield model, utilizing the funds from the remaining 85% of the token supply.
