Odaily Planet Daily News: Ethereum Layer 2 network Linea announced several plans before the official launch of its LINEA token, including introducing native returns for bridged Ethereum, launching an Ethereum destruction mechanism at the protocol level, and designing a deflationary token centered on Ethereum. The Linea team stated that approximately 20% of all Linea net transaction fees paid in ETH will also be destroyed to reduce the ETH supply and support the accumulation of value on the first layer of Ethereum - Linea will become the first Layer 2 network to commit to destroy ETH at the protocol level. The remaining 80% of net transaction fees will be used to destroy LINEA tokens to reduce the fixed supply and make the token deflationary with network activity. In addition, 85% of the token supply will be allocated to the ecosystem, of which 10% is reserved for early users and 75% is gradually distributed through the ecosystem fund. The remaining 15% of LINEA tokens will be locked for five years and owned by the Consensys treasury. (The Block)
