Linea Sets a New Standard for Ethereum Layer 2
Today we’re introducing major upgrades to make Ethereum win at Layer 2:
Native ETH yield
Protocol-level ETH burn
Ethereum-native Consortium managing the largest ecosystem fund in the space
Linea is now the first L2 to burn ETH at the protocol level. 20% of all net transaction fees (paid in ETH) will be burned. This helps reduce ETH supply, supports L1 value, and strengthens ETH as an asset.
ETH deposits = yield
Bridged ETH will earn DeFi rewards.
LPs will receive staking rewards plus returns from Linea DeFi. This creates the best risk-adjusted ETH returns in the space.
Ethereum’s largest ecosystem fund.
85% to the ecosystem (75% dev fund + 10% early users).
15% to Consensys treasury (locked 5 years).
No insiders. No value extraction. Just Ethereum.
Managed by Ethereum-native stewards
The Linea Consortium includes:
Eigen Labs
ENS Domains
SharpLink Gaming
Status
Consensys
and more members to come.
Tech that’s fully Ethereum-compatible:
ETH as gas
ETH burn
Capital-efficient design
Ecosystem-first tokenomics
Governance by stewards
Linea is built to be Ethereum’s natural extension.
Backed by over $100B in staked ETH and $25T in volume, Ethereum is the global settlement layer.
Linea is where Ethereum wins.
Believe in SomETHing.
Check out more: https://x.com/LineaBuild/status/1950167316634767502