Linea opens a 90-day claim window during TGE, with over 9.36 billions LINEA airdropped in total
Jinse Finance reported that Linea, the Ethereum Layer2 network developed by Consensys, opened the claim for its native asset LINEA through a Token Generation Event (TGE) on Wednesday, launching a 90-day claim window that will last until December 9. This TGE includes the allocation of over 9.36 billion LINEA tokens to eligible addresses, and any unclaimed tokens will be returned to the Linea Alliance Ecosystem Fund to support the Linea and Ethereum ecosystems. The project team conducted an eligibility snapshot in July and opened a query portal last week. The team stated that users must claim using the same address that holds the LXP/LXP-L token balance. According to the previously announced allocation framework, 85% of the token supply will be distributed to the ecosystem, including 10% fully unlocked for early users and developers, and 75% for the ecosystem fund. This fund is overseen by the Linea Alliance, whose members include Consensys, Eigen Labs, ENS, SharpLink Gaming, and Status. The token has no allocation for the team or venture capital, and will not be used for on-chain governance, but rather, strategic decisions will be made collectively by like-minded institutions.
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.
You may also like
OpenMind has launched an app and will conduct Season 1 points activities weekly through user participation.
Polygon: Milestone issue fix has been released, and the root cause of the final confirmation issue has been identified.
Trending news
MoreCrypto prices
More








