The Linea network, developed by Consensys, is preparing for a token generation event (TGE) and airdrop, with 85% of the token supply designated for users and builders essential for its layer-2 ecosystem. The TGE has no fixed date yet, but criteria will be announced a week prior. Linea aims to align with Ethereum’s economics by introducing a new staking mechanism that allows users to earn rewards and utilize Ethereum in decentralized finance (DeFi) activities. Notably, Linea will be the first layer-2 to commit to burning Ether, with 20% of transaction fees allocated for this purpose. The remaining 80% will be used to burn LINEA tokens, promoting deflation within the ecosystem. Linea currently holds a 1.23% market share of rollup-based layer-2 networks, and they are focused on expanding liquidity and attracting users. An Ethereum-aligned consortium to manage an ecosystem fund has also been announced, further indicating Linea's commitment to Ethereum integration.

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