🔴 JUST IN The @LineaBuild project finally reveals its tokenomics and presents itself as the first L2 aligned with increasing Ethereum value 🧵 Here's what you need to know

20% of collected transaction fees (paid in ETH) will be used to burn ETH This is a first for an L2: instead of capturing all generated value, Linea will directly contribute to Ethereum's deflationary dynamics The remaining 80% will be used to burn LINEA

Here's the distribution of the LINEA token: 👉 85% for the ecosystem via a long-term development fund 🪂 (including 10% for early adopters as part of the airdrop) 👉 15% will be held on @Consensys' balance sheet and locked for a minimum of 5 years

No tokens will be allocated to Consensys' various investors, thus limiting selling pressure as is the case with many projects No tokens will be allocated to @Consensys teams (who are incentivized via company stock)

The TGE date is not yet known, but according to my sources, it should occur by September This timeframe is justified by the number of actors involved (technical partners, market makers, CEXs)

ETH deposited in Linea will allow users to benefit from native yield These will be deposited on @LidoFinance (V3) which enables delegation of ETH to institutional validators (without LST) To benefit from this yield, users will need to generate activity in Linea's DeFi ecosystem

According to the team, borrowing against ETH on Linea will become the most attractive option in the market Launch partners: @LidoFinance, @aave and the DEX @etherexfi (new version of @NileExchange launched yesterday that promises to be the @AerodromeFi of Linea)

Linea will not have a DAO for now, to ensure maximum efficiency The "Linea consortium," a non-profit entity under American law (Delaware), will lead the project Its founding members are @Consensys, @SharpLinkGaming, @eigen_labs, @ensdomains and @ethstatus

These are "stewards" of the Ethereum ecosystem, entities recognized for their commitment to decentralization and innovation on L1 According to my information, the @ethereum Foundation itself should soon join Additionally, a "TradFi payment giant" should also join the consortium

Regarding @SharpLinkGaming, one of the main Ethereum Treasury Companies, it will play an important role in providing liquidity to Linea According to my information, a large portion of its ETH ($1.4 billion) should be deployed on Linea to generate yield

.@TheBigWhale_ has prepared numerous analyses around the launch of @LineaBuild I list them here for you