Hello everyone,
I am Jun, and I have known, followed, and supported Linea since its early days. I have mainly contributed and shared my opinions on Linea’s Discord and Twitter. Today, I am sharing my thoughts on the forum as Linea is about to enter a new chapter – DECENTRALIZATION.
I have read some opinions from people on the forum, Discord, and other places, and I disagree with the idea of using a specific amount of LXP (1500, 2000, 2500, etc.) as a benchmark for removing receiving wallets from token distribution at TGE. This proposal is subjective and could lead to the exclusion of many contributors, which would make it difficult to maintain community satisfaction and trust in the project. We cannot follow the path of recent L2 projects where unreasonable token distribution caused widespread frustration, and the project was gradually forgotten after being boycotted by the community.
Instead, we need to establish a more reasonable distribution method. For example, the logarithmic distribution proposed by the Linea team to distribute LXP to NFT Voyage holders is one of the most thoughtful approaches I’ve seen.
Here are a few points to consider in building a fair allocation system:
- Dencun
Early adopters always have to spend time and pay high gas fees in the early stages. Therefore, there should be a multiplier for the LXP they earn from completing tasks, acquiring NFTs, etc.
- NFTs
Purchasing NFTs should also be recognized as a contribution to the project. However, it’s important to distinguish between NFTs that users have earned versus those they have purchased. If they earned the NFTs, they should receive a multiplier because their contribution was earlier.
- Sybil
With Linea’s robust POH system, I believe it will be difficult for many bots to bypass it. However, nothing is absolute. Therefore, we can filter based on the final total score (including multipliers). If a wallet’s total score is too low (for example, below 500), it should be considered for elimination.
WHY? Even if they have participated from the beginning, completed only a few tasks, or earned NFTs without buying them, the multiplier system we’ve set up will still boost their final score. So, if the score remains too low, it likely indicates a bot or a new user with insufficient contribution.
This is my opinion. Thank you to everyone for reading, and I hope we can all contribute more to improve this process.
I also believe the Linea team will find the most optimal solution for a fair and community-satisfying allocation.
Wish you all the best.
“Linea’s longevity and prosperity.”