The Consensys-developed Linea network is set to become one of the first Ethereum layer-2 networks to introduce a mechanism for burning Ether as part of its design, aiming for better alignment with the Ethereum layer-1 blockchain. As part of an upcoming token generation event, 85% of the token supply will be distributed to users and builders, while 15% will remain locked in the Consensys treasury for five years. Declan Fox, the global product lead for Linea, noted that specific airdrop criteria will be disclosed a week before the event. The new staking mechanism is expected to launch in October, allowing users to earn rewards while using their Ether for DeFi activities on Linea. Additionally, 20% of all transaction fees will burn ETH, establishing a deflationary model. Currently, Linea holds only a small part of the rollup-based L2 market, but plans for expansion include making it the preferred platform for ETH capital.

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