Linea airdrop accounts for 9% of total token supply, snapshot and Sybil filtering completed
Foresight News reports that Ethereum L2 network Linea has released details about its airdrop. In terms of token allocation, 10% will be given to early contributors, and 9% to users who have earned LXP. 1% is allocated to strategic builders, including partner dapps and the community, managed by the Linea team. Builders can distribute these tokens to their users or communities, with distribution depending on various factors. This airdrop does not involve CEX listings, and no funds will be allocated to the team or investors.
The snapshot and Sybil filtering have been completed. A qualification checker, including threshold values and multipliers, will be provided later. Rewards for providing liquidity are included in the 75% ecosystem fund and are separate from the user airdrop, with details managed by the alliance. The remaining 12% of circulating supply will be used to support exchange liquidity and other initiatives, with the alliance disclosing fund usage according to its charter. The ecosystem fund has a 10-year vesting plan, focusing on long-term development.
Next, Linea will share details about the native yield bridge design, advance the TGE, and will announce the airdrop qualification checker and TGE date in advance once the timing is confirmed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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