Hello Linea community. As TGE draws near, I have seen many users who insisted LXP/LXPL are the sole criteria for allocation. Personally, I do not believe a tier structure based on LXP/LXP-L is a fair judgement of contribution to the chain. On the other hand, Arbitrum-like category based distribution is still the most community oriented token design after sybil filtering.
I propose the following categories and each weighted differently in my perspective of contribution importance to the chain.
Let x to be the amount of tokens for airdrop
LXP
30%x reward for early contribution
LXPL
20%x reward for liquidity
Fee burned
20%x reward for OG users (high pre-dencun fees)
Number of TXN
10%x reward for footprint
Number of active days on Linea
10%x reward for dedication and consistency
MEME
5%x reward for expanding ecosystem participation
NFT
5%x reward for degen and risk taking
Wallet allocation = sum(category(user contribution/system total*(n)x)), where n=token weight%
Reasoning:
LXP is what you earn thru activities requested by Linea. It served as an intro to the ecosystem. It’s useful but hardly deterministic in regards to genuine users of the chain. For example, an user participated in all of the campaigns and earned 8K+ LXPs, then left and never touch Linea since last AUG. Yet someone with 3K LXPs has been using the chain consistently even today. If you are Linea, which user would you prefer? Hence a 0.3x weight is more than fair.
LXP-L, it’s unquestionable how important liquidity is to the chain. The hard part is how to balance it so both whales and the rest of the community are fair. I balance this by giving it a less token weight to increase the community activity reward while the whale can still walk with a handsome reward due to the point spread heavily skewed towards the top 1000 ranked surge users.
Fee burn is a major criteria to be consider because of the project has been thru the most expensive of times (predencun, where a single txn can cost $0.5-$1.5) and now where txn typically cost <$0.1. It’s only fair to compensate those who has been with you thru the toughest of times. Hence, this category will see tokens awarded heavily towards OGs before dencun.
TXN is one of the representations of how active a chain is. It’s the heart beat of the chain. I am talking about genuine transactions of course. Spamming $0.01 should be punished. While the # of transaction shows the chain activities, # active days showcase the consistencies of the user onchain. Again, if a user only use the chain to participate on Linea campaign and nothing else, these two criteria will only reward those who durably use Linea rather than farming it.
MEMEs and NFTs are great ways to encourage participation and expands the Linea ecosystem. This is also risky and these fanatics put their money where their mouth is. With such high trusts in Linea, speculation or not, they deserve some community rewards.
Feel free to drop a comment, the best solution is always the one we agreed on. Thanks.
**As always, don’t be ZKS or Scroll, be like Arbitrum and Hyperliquid, community first and the chain will prosper.