Dear Linea Community,
The airdrop distribution has sparked lively discussions, particularly regarding the potential inclusion of multipliers and the disproportionate emphasis on specific NFT collections, such as Frog NFTs. While the main criteria for the airdrop will understandably revolve around LXP and LXP-L, it’s crucial to ensure that any additional multipliers introduced remain fair, inclusive, and representative of the entire Linea ecosystem.
Understanding NFT Ownership and Motivation
Before delving into the multiplier criteria, it’s important to understand the motivations behind NFT ownership:
Collectors: These individuals genuinely appreciate the art and are motivated by personal interest rather than monetary value.
Profit-Seekers: These individuals buy NFTs primarily as speculative assets, aiming for quick profits.
Given these dynamics, it’s evident that those aggressively lobbying for high allocations for specific NFTs are likely driven by profit-seeking motives. Their agenda does not align with the broader interests of the Linea community and ecosystem. This has also been evident in attempts to suppress opposing voices on the Linea forum (e.g., flagging comments), further highlighting their narrow agenda.
Why On-Chain Activity Should Complement LXP and LXP-L
The foundation of the airdrop should remain focused on LXP and LXP-L, as these represent the efforts of early supporters and contributors. However, if Linea decides to include multipliers, these should reward on-chain activity across the ecosystem rather than favoring specific projects or collections.
Here’s why:
Ecosystem-Wide Growth: Rewarding broader on-chain activity supports all projects on Linea equally.
Genuine Users: On-chain activity reflects the contributions of real participants who engage organically with the ecosystem.
Fairness: Avoiding preferential treatment of specific collections prevents exploitation and ensures equitable rewards for all contributors.
Proposed Multiplier System
If Linea chooses to implement a multiplier system alongside LXP and LXP-L, I propose the following on-chain activity-based multipliers:
NFT-Based Multipliers
1 Point: Holding at least three NFTs from any project on Linea for six months or more.
1 Point: Trading $500 worth of NFTs (cumulative) across any project on Linea.
General On-Chain Activity Multipliers
1 Point: Providing liquidity to any protocol on Linea for at least one month.
1 Point: Completing transactions worth $1,000 or more across dApps in the ecosystem.
1 Point: Interacting with at least five different dApps or projects on Linea.
1 Point: Bridging $500 or more to/from Linea.
Community Engagement Multipliers
Key Benefits of This Multiplier System
Aligns with Ecosystem Growth: Every project and participant is treated equally, ensuring no single NFT collection or group is disproportionately favored.
Encourages Long-Term Engagement: Users are rewarded for sustained and meaningful participation across the Linea ecosystem.
Prevents Exploitation: Criteria like holding NFTs for six months or providing liquidity for one month discourage speculative, short-term behavior.
Supports Genuine Contributors: Active users who interact with Linea dApps, provide liquidity, and engage in governance are fairly rewarded.
While the primary distribution of tokens should remain tied to LXP and LXP-L, any additional multipliers must reflect the broader on-chain activity of users rather than catering to the interests of a specific group. This approach ensures fairness, inclusivity, and alignment with the long-term vision of Linea.
Let’s prioritize what matters: rewarding genuine contributors and fostering a thriving, interconnected ecosystem that benefits everyone equally.
Thank you for considering this proposal. I look forward to hearing feedback from the community.