elcryptoparito

Crypto 🤙

[Linea.eth @LineaBuild]

LINEA is not just another L2 token launch.
It is the the most significant since ETH itself.

LINEA will power ETH-centric vision, architecture, and gas mechanics.

The TGE happens in 5 hours.
Check your eligibility here https://t.co/SlL6M2Aw4h

[elcryptoparito @crypto_parito]

@CryptoTeluguO at least!!

[Community Fist @community_fist]

Here's my feedback on @LineaBuild airdrop.

First, a disclaimer: the main rule I always stick to while running this account is being honest about my subjective opinions and trying to stay as objective as I can. I always aim to evaluate projects without tying it to how much I personally made or lost. And I try to write truthfully, not just to please my followers' expectations.

So, if some people think that because I often criticize Linea team, I should now automatically roast their approach to the airdrop distribution – sorry, that's not going to happen. If that disappoints you and you decide to unfollow – that's your right, no hard feelings. I'm just sharing my personal view, not the ultimate truth. You can agree, disagree, or ignore it – all of that is completely fine. I'd also love to hear counterarguments or additions if you've got them.

Now, let's go point by point 👇

1. Allocation
14% total: 9% for LXP holders, 4% for LPs, and 1% for builders. Honestly, I expected a bit more for LXP holders, considering Linea doesn't have VCs breathing down their neck. But still, it's not small.
For comparison: Arbitrum 11%, Optimism 5.5%, Starknet 7%, Scroll 5.5%. Only zkSync gave more (17%), but that included everything – from DEGEN and BONSAI holders to LP, which ended up being the main factor. So realistically, Linea's 14% is comparable.

2. Sybil filtering

Here, Linea set a new benchmark 🔥.
Requiring PoH during farming stages (despite the early criticism) clearly worked. Even in testnet, the user numbers were moderate compared to the hype.
Nansen filtered out nearly 40% of sybils who still passed PoH.
The 2000 LXP threshold is debatable, but the discussion had been happening in the community for over half a year. Consensus was somewhere between 1500–2500. You can't please everyone here, but removing the threshold entirely would have made allocations almost half as big for most users – and those "under-threshold" rewards wouldn't have been meaningful anyway.
Most impressive: despite the huge % of sybils filtered, I barely saw any complaints about false positives. That's almost unheard of.

3. Criteria

I've always said: the simpler and clearer – the better. And Linea nailed it. From the start, LXP was introduced and everyone knew it would be the main factor. They avoided nonsense like @Starknet ".005 ETH at snapshot moment" or @zksync random memecoins/NFTs from other ecosystems. No insider moves were spotted either (unlike zkSync's liquidity games or Libertas Omnibus dumping). They even factored in stuff like pre-Dencun activity and post-campaign usage. Personally, I don't think they missed anything important or added anything unnecessary.

4. Distribution system for LXP holders

The core factor was LXP balance – fair and obvious. They used tiers instead of linear – good choice. Multipliers (pre-Dencun activity, post-campaign, MetaMask usage) were smart. Threshold was applied after multipliers, which was also correct. Of course, not everyone will be happy – that's impossible. But honestly, I can't think of a tweak that would've made it clearly better for the community overall.

5. LXP-L airdrop

This is the most controversial point. I get why people are upset, but linear distribution for liquidity campaigns is basically industry standard and the fairest option. Any other system would either be unfair or easily gamed.
Hard caps? They'd hurt the campaign's goal (max liquidity) and could be bypassed with multiple accounts.
PoH for Linea Surge participants? Same issue – reduced efficiency and easily bypassed. If you've got millions to farm liquidity, you can buy PoH accounts.
Retroactive rules? Would've been straight-up unfair to participants.
Balancing whales vs small farmers is one of the hardest challenges in airdrops, and many projects failed it. Starknet ignored LPs completely. zkSync & Scroll made LPs the decisive factor. All three approaches failed. Linea struck a middle ground by fully separating LXP and LXP-L airdrops. That was smart.
The only thing I'd improve: add vesting, at least for the top 100/1000 LXP-L holders. Also, communication was weak again – the team didn't clarify LXP-L allocation details after the tokenomics reveal, so most people assumed vesting was guaranteed. Linea didn't bother correcting that assumption.

✍️My conclusion: $LINEA airdrop is one of the fairest and best thought-out in a long time – hands down better than any competitor since $ARB. Still, it's important to understand that the community's overall impression will ultimately depend on the listing price and how the token trades shortly after. So I really hope Linea will surprise us and trade at multiples above the current premaket levels.

👉 Now curious to hear your thoughts – do you agree, disagree, or see other angles I missed?

[Linea.eth @LineaBuild]

Before we enter Linea's next chapter, we look back at how it all started.

Linea's origin story launches tomorrow.

[tobi @tobific]

Get some rest

Big week next week for $LINEA

[CHASE💀 @Abrahamchase]

I'm so happy the $Linea airdrop happening soon will make alot of small accounts their first minimum 4 figures, a very well deserved W!

[alain.linea.eth @Alain_Ncls]

Linea dot Build slash Hub

[Linea.eth @LineaBuild]

🚨 We would like to remind everyone to remain vigilant. Scammers are impersonating us with fake accounts, fake checkers & phishing attempts.

Remember:
✅ Verify official accounts
✅ Never share private keys
✅ Double-check URLs

Stay safe!

https://t.co/JEc0xIoIfM

[elcryptoparito @crypto_parito]

LINEA.

[FIJA @Fijacyber_]

LINEA.

[Le Chiffre @LeChiffre]

Dunno why, but I smell it.👃

We are very close to @LineaBuild TGE

[Le Chiffre @LeChiffre]

If you are bullish on @ethereum, you should also be bullish on @LineaBuild

i don't make the rules

[Bryan Pellegrino (臭企鹅) @PrimordialAA]

Throughout all of the noise, this has been the highest participation of any vote in @StargateFinance history

15,000+ address voted
Not only did ~95% of the stake weight vote in the affirmative, but ~95% of addresses voted in the affirmative

The bridge is home

It's go time

[Whale Insider @WhaleInsider]

$1,000 to one person if $ETH hits $5K in 24 hours.

Like + retweet + follow to qualify.

[Declan Fox @DeclanFox14]

Only big weeks

[elcryptoparito @crypto_parito]

@MagicEden Hi 🧐

[elcryptoparito @crypto_parito]

Only big weeks

[alain.linea.eth @Alain_Ncls]

Only big weeks

[Anon Vee @AnonVee_]

LINEA token just got deployed on Ethereum mainnet and Linea network

The address that deployed the token links to an address that deployed several Linea contracts

[Le Chiffre @LeChiffre]

Everyone is talking right now about the threshold and the pre market price

I’ll tell you something:
Threshold will be announced by the team and not by an anon account on ct
Pre market has never been accurate for any launch

But today, I want to talk about two important topics:

→ The utility of the Linea token
→ The flywheel growth of the ecosystem
Let’s start with the utility of the Linea token

______________________________________________________

First, let’s reminder to everyone the tokenomics, because it will be important:

→ 10% early contributors (9% for LXP & 1% for builders), unlock at TGE
→ 15% Consensys, 5 years vested
→ 75% to grow the ecosystem, managed by the Linea consortium (EF, Eigen, Status, ens, Consensys…), 25% in the first 12-18 months, then 50% gradually over 10 years

In other words, there will be very few tokens available on the secondary market, because a large part of the 25% will be used for liquidity, exchange listings, strategic partnerships etc.

Before we jump to the utility of the Linea token, let’s take a look at the global picture on the L2s landscape.

Right now, all L2s tokens are poor performers for two reasons:

→ Teams and VCs hold a large part of the supply. Even with multi year vesting, they can stake and sell their rewards = strong sell pressure for a long period of time

→ (not so hot take) L2 tokens today are mainly used to vote on DAO. As a user you have zero power because the majority of votes are controlled by teams and VCs, they decide what to do with the DAO money, not you. DAO today are just a vehicle to extract the money from the user (you) to the powerful guys.

So now that we know the supply will be extremely limited, the real question is: what is the utility of the Linea token?

Linea chose a completely different approach.

First is the fund allocation.
Finally we will won’t get another copy/paste DAO

If projects need funding, the Linea consortium will concerte themselves and distribute it in a smart way and this during 10 years.
Same for other activities: airdrops, public goods, R&D, specific marketing campaign etc

We don’t have all the details yet, but I’m confident they’ll avoid the three problems we’ve seen too often: giving allocations to friends, giving allocations to themselves, or funneling allocations into VC-backed “new” projects on the chain

Their only mission will be to push Ethereum and Linea forward, with no room for shady usage of funds.

So who benefits from the fees generated by Linea? Well, directly the Linea token holders

Take Hyperliquid and especially HyperCore as an example: they use 97% of profits to buy back tokens on the secondary market for the AF (assistance fund).
If there’s ever a hack, HL can refund everyone as they’re making giant money fees on their preps and so, they can buybacks a lot of HYPE. Basically what was the point of the token when HyperEVM was not live? There's no DAO, just a token that's going up when there's a lot of activity on the preps thanks to the buybacks

For Linea: if the network generates $1m in fees per day, then $800k worth of Linea tokens will be burned, and $200k worth of ETH will be burned

That means 100% of fees directly strengthen Linea and ETH by making both tokens deflationary

What does it mean? Your token appreciates himself naturally.

We’re still far from Hyperliquid’s in terms of fees, but it’s the only real comparison in the space.

tl;dr:
→ The utility of the Linea token is simple: deflationary = holders gain value on their holding. Atm, it will be the factor number one to value the ecosystem health on Linea
→ The more activity on Linea, the faster holders get richer
→ The only sell pressure: mostly people dumping their airdrop at tge (9–10%)

After that Linea will have fewer tokens in circulation than the day before

It’s up to you to decide what to do on TGE day. I’m just here to give you the general view on it

______________________________________________________

Let’s talk about the second topic: the flywheel growth of the ecosystem

The ecosystem growth will be critical and we can break down in three parts:

→ Awareness and branding across the Ethereum researchers community.
Linea is the only L2 100% compatible with Ethereum and 100% aligned with the roadmap and the value of Ethereum. It could unlock huge potential to make innovation on the L2.

→ Attractiveness for institutions & ETH Treasury Companies, especially by reassuring them on the DeFi side. Linea inherits 100% of the Ethereum security, there’s no trade off on this and Consensys co-develop and invest in a special DEX building for institutionals: @etherexfi, with over $1m in audits.

→ Community growth: memecoins, NFT projects, DeFi app, etc

Let’s focus on the last one: community growth.

The Linea team is carefully building a flywheel economy: letting users earn money through cashback & coinmunity with MetaMask (cc @danieljosep_eth), rewards them with “Spin to Win” (cc @Alain_Ncls) while also giving communities some marketing exposure.

Everyone wins:
→ Users can/make money by using products

→ Linea economy run faster and becomes more dynamic generating more fees

→ Projects and communities can leverage some of their tokens to gain exposure and participate on these programs: more awareness for them, reaching a bigger audience or a specific one

→ Linea holders benefit from the above activities

Linea is building an ecosystem where everyone wins!

imo:
It’s a great time to use Linea
It’s a great time to build communities on Linea
It's a great time to build products on Linea
It’s a great time to generate yield on Linea
It’s a great time to spend your money on Linea
It’s a great time to support the only L2 that’s driven by ETH success

On Linea you can use apply your DeFi habits you had in a previous chain and combine them with your conviction on what a crypto should be

[elcryptoparito @crypto_parito]

Think this should be fair!

So hyped for $LINEA drop!!

[Semo @zksemo]

Honestly, the fair LXP threshold for the $LINEA drop should be 2000 LXP.
Anything below that is flooded with sybil wallets.

As someone who’s been a Linea user since day 1 of testnet and lived through all the voyages, this feels like the right cutoff.

[CryptoTelugu @CryptoTeluguO]

👀 @LineaBuild checker next