LINEALinea (LINEA) Price

1. Project introduction

Linea is a Layer 2 scaling solution built on Ethereum, offering an Ethereum bytecode-equivalent zkEVM environment to enable fast, low-cost transactions and seamless deployment of existing Ethereum applications. It leverages zero-knowledge proof technology to reduce gas fees significantly and improve scalability. Linea focuses on reinforcing Ethereum through an ecosystem-aligned tokenomics model that burns ETH and LINEA tokens to support long-term development, rewarding real network usage, and funding public goods. Decentralized governance is managed by the Linea Consortium, emphasizing sustainability and community trust.

2. Team introduction

Nicolas Liochon

• Nicolas Liochon is the head of Linea, previously head of applied research at Consensys and director of platform and architecture at Thomson Reuters.

Declan Fox

• Declan Fox is the Head of Product at Linea and a graduate of Cardiff University.

3. Token application and distribution

Token application:

The LINEA token is primarily an economic coordination tool used to reward genuine network usage, bootstrap aligned applications and builders, and fund Ethereum public goods. While ETH is used for gas fees, LINEA tokens are burned from fees to reinforce value. No onchain governance rights are currently assigned to LINEA tokens. Additionally, a portion of net ETH revenue funds LINEA token buybacks and burns, aligning incentives between ETH and LINEA holders.

Token distribution:

• EARLY CONTRIBUTORS: 10%
• ECOSYSTEM FUND: 75%
• CONSENSYS TREASURY: 15% (5-year lockup)