🧵 "This goes far beyond a simple airdrop or token launch. It’s a long-term proposition for Ethereum." @DeclanFox14 (@LineaBuild) shares details on the upcoming $LINEA token: ETH-native yield, dual burn, and a consortium-led model. Interview by @gregory_raymond 👇

Every transaction on Linea: - 80% of fees go to buy & burn $LINEA - 20% used to burn ETH The goal: link token value to usage while reinforcing Ethereum itself.

ETH bridged to Linea is auto-staked via Lido V3. Yield isn't distributed passively - it’s reserved for users active in DeFi (e.g. LPing, lending). Passive holders earn no rewards.

Linea's governance is managed by a non-profit consortium: @Consensys, ENS Labs, @ethstatus, @eigen_labs, and @SharpLinkGaming. The structure is designed to be focused, transparent, and adaptive.

10% of the token supply is reserved for early users and contributors. This aims to reward meaningful engagement while keeping long-term balance in the distribution.

"You don’t launch a token twice. We designed this to last 10 or 20 years." @DeclanFox14 says the team chose to prioritize structure and sustainability over speed.

Linea may soon onboard financial institutions. Talks with major players are underway, according to @DeclanFox14 - with Linea positioned as a secure entry point into Ethereum.