Linea Update from Declan Fox
summary
Claims an L2 called Linea aims to be economically self-sufficient in the sovereign era, funding itself from transaction fees, ETH yield, bridge yield on stablecoins like MUSD, app revenue share, license fees and long‑term token investments. Token design has no insiders, no venture capitalists, no team allocation to avoid dilution and sell pressure. Protocol splits fees 80% buyback and burn of LINEA token, 20% buyback and burn of ETH. Governance is a consortium (Sharlink, IEG layer, ETH status) and the stack promises private yet auditable transactions, deterministic finality and high throughput.
AI-written summary · about
