Real problem is LXP-L

Token Design
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Community has discussed mostly LXP, but how about LXP-L?

More than 95% of LXP-L points has been collected by Top 1% wallets.

I also scanned Top 1% LXP-L address and found out a lot of them has not participated in even single of LXP campaign. LXP-L is simply whale’s money to win game.

I propose that Linea team set maximum $LINEA token allocation per wallet.

We have focused on Sybil detection to avoid small group owns too much tokens and dump all at TGE.

This concept must also applied to LXP-L. If Linea team simply give linear distribution for LXP-L, Top 1% whales will have all $LINEA token which is against decentralization.

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2

This is good perspective.

Community also needs to talk about LXP-L distribution as well.

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3

Let’s wait for announcement this week.

Linea and Consensys/Metamask have announced many positive news on Twitter recently.

Hope all those positive factor will benefit Linea blockchain.

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4

Yes, this is true. Like LXP allocation for NFT stacking, there will be some agathism to assign airdrop.

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5

Totally agreed. There must be maximum reward to be set per each wallet otherwise whale eat all.

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The real problem is the low level of education and low intellectual abilities of most internet beggars.

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Everyone who removed liquidity after the campaign ended should have their points slashed, divided based on how much liquidity they pulled.

I checked multiple wallets, and some had just a few bucks left on Linea. Why reward them? Linea isn’t a Galxe quest.

8

What nonsense. The guys essentially deposited their money and earned interest in the form of points. Why on earth should they just keep their funds there for no reason?

This is finance, this is crypto.

How much more ridiculous can you get in your attempts to cut other people’s allocations?

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That’s why there should be maximumum 10-15% APR in LINEA tokens in rewards for LXP-L. Based on their behaviour we all know where all the liquidity and LINEA tokens will go to.

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I think you better behave yourself. Insulting other people are not allowed on Linea

11

Liquidly on L2 chain is one of the important factor but I understand your concerns. I am certain that the reward will not be linear because most token will be assigned to top whales as you mentioned. There must be Tier system or modelized algorism will be applied like LXP points for Testnet NFT