Linea Airdrop Checker Now Live for Upcoming Token

Linea, the Ethereum Layer 2 network supported by Consensys, has unveiled an eligibility checker for its highly anticipated LINEA token airdrop. This airdrop spans from September 10 to December 9, giving users a 90-day period to claim their tokens. Any unclaimed tokens will revert to the Linea Consortium Ecosystem Fund, which aids in supporting both the Linea and Ethereum ecosystems. A snapshot of eligible addresses was previously captured in July. According to a blog post by Linea, "The LINEA token serves as a tool for economic coordination aimed at rewarding genuine usage along with developers and applications, thus contributing to Ethereum's long-term progress. LINEA can be likened to silver next to ETH's gold or Chewbacca next to ETH's Han Solo." **Tokenomics of LINEA** The LINEA token adopts a distribution model akin to Ethereum's genesis, with 85% reserved for ecosystem growth—10% allocated via an immediate airdrop for early participants and builders, while 75% will flow into a decade-long Ecosystem Fund overseen by the Linea Consortium, comprising Ethereum-native organizations like Consensys, Eigen Labs, ENS, SharpLink, and Status. Notably, there are no allocations for team members or investors; instead, Consensys retains the remaining 15% with a five-year lockup period. Governance by tokens is absent in the LINEA framework, as strategic choices are managed by the Consortium, steering clear of token-based voting issues, according to the project's representatives. The Linea airdrop will distribute 9,361,298,700 LINEA tokens across 749,662 eligible wallets. Participants of the Linea Voyage (LXP) and Linea Surge (LXP-L) campaigns that meet the criteria will benefit, with sybil resistance ensured through Proof-of-Humanity and minimum participation thresholds. Participants will be categorized into seven LXP tiers with linear distribution for token rewards, receiving boosts for their early mainnet usage and ongoing activity, as well as MetaMask interactions. Direct rewards are also provided linearly to LXP-L liquidity suppliers, alongside a unique 1% builder allocation for contributors with significant long-term influence on the ecosystem. Declan Fox, Product Lead at Linea, stated the project's successful elimination of over 800k sybil accounts, and the establishment of a fair tiered reward system fostering decentralized ownership by distributing tokens to approximately 750k wallets without any undisclosed supply manipulations. Fox emphasized, "The eligibility checker launch signifies a pivotal moment for Linea's early community, allowing users their first glance at LINEA token distributions as the TGE approaches. With 85% of tokens earmarked for nurturing the ecosystem, LINEA's tokenomics promise sustainable influence, reinforcing the futures of both Linea and Ethereum. This airdrop signifies the dawn of a chapter dedicated to community ownership and enduring triumph." The Linea network operates using zkEVM technology, leveraging ZK-rollup for scaling and compatibility with Ethereum applications, and has been in operation since July 2023. Upon token launch, 20% of all transaction fees on Linea (paid in ETH) will be burned at the protocol level, a unique feature among Layer 2 ecosystems. The remaining 80% will be utilized for burning LINEA tokens, adding a deflationary aspect to the token’s nature.