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LINEA TGE claims window is 90 days, with plans to airdrop over 9.36 billion tokens
4hours ago

Odaily Planet Daily News: Linea, the Ethereum Layer 2 network built by Consensys, opened the claim of its native asset LINEA through a token generation event (TGE) on Wednesday, and started a 90-day claim window lasting until December 9. According to the official documents previously released by Linea, the total number of LINEA tokens is approximately 72 billion, 85% (61.2 billion) are allocated to the ecosystem for community development, infrastructure construction and Ethereum public product support, and 75% of the ecological fund will be gradually released over the next 10 years. 10% (7.2 billion) are used for airdrops to reward early users, builders and MetaMask ecosystem participants. The tokens are fully unlocked with no lock-up period. At the time of TGE, the initial circulation volume was approximately 22%, and approximately 15.8 billion LINEA entered circulation, mainly distributed through airdrops and liquidity incentives (such as the Linea Ignition program). (The Block)