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Linea Overview
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About Linea
Linea’s documentation and tokenomics materials describe LINEA as an ecosystem token rather than a gas token or governance token:
Gas on Linea is paid in ETH, not LINEA.
Incentives and ecosystem funding: Linea states LINEA is intended to be distributed to users and builders and used to fund ecosystem activity and public goods.
Burn mechanism funded by net revenue: Linea describes a “dual-burn” approach where, after costs, surplus revenue is burned with a split described as 20% burned as ETH and 80% used to buy and burn LINEA.
No onchain governance rights (per current docs): Linea’s tokenomics page says LINEA does not include governance rights.
Linea is built by Consensys.
Linea also describes a Linea Association (a Swiss non-profit) and a Linea Consortium involved in executing or managing certain ecosystem decisions and programs, including items referenced in tokenomics materials.
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Learn About Linea
Ledger Nano X Review After 18 Months of Daily Use
The Ledger Nano X is built to last and lets you manage many kinds of cryptocurrencies on different blockchains. It puts all your digital assets in one place, offering a secure hardware wallet for storing them over the long haul. After using the device daily for a year and a half to store XNO and proof-of-work coins, it didn't quite live up to the hype. Over that time, some real-world issues came up: firmware updates aren't as prompt as the competition's, Bluetooth can cut out at the worst times, and airport security often flags hardware wallets, leading to extra delays and questions. This device works well for mainstream assets, but managing Nano on it requires patience that Ledger's marketing doesn't mention.
Linea Market Data
The live Linea price today is $0.00 USD with a 24-hour trading volume of $9,265,280.94 USD. We update our LINEA to USD price in real-time. Linea is up 0.51% in the last 24 hours.
The current market cap is $75,825,509.44 USD, ranking #242 by market capitalization. The circulating supply is 23,227,106,549 LINEA.