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Ethereum has just hit 10 years of continuous uptime. Now, Linea—a zkEVM Layer 2 developed by Consensys—plans to kick-start its Token Generation Event (TGE), which many consider one of the largest launches since ETH itself. With zero VC allocation and a clean community-led launch, Linea's TGE marks the peak of decentralized ecosystems.
Linea is a Layer 2 on the Ethereum blockchain that utilises zkEVM tech. It gives compatibility with Ethereum dApps, tools, and wallets, albeit at significantly lower fees and quicker settlement, than the main chain. It was made by the creator of MetaMask and Infura, the company Consensys, and it has compatibility with over 200 dApps, with tens of millions Total Value Locked (TVL) already on the chain.
TGE is an acronym that means Token Generation Event. With Linea, it represents the official unveiling of the network's native coin, which is called LIN. It will take place on September 10, 2024, after months of ecosystem development, mainnet usage, and onchain contribution.
Linea’s TGE has gained attention for its emphasis on community distribution and early organic adoption across DeFi and infrastructure.
Distribution Overview:
The Ecosystem Fund is managed by the Linea Consortium, a council including Consensys, ENS Labs, Status, Eigen Labs, and SharpLink.
There is no tokenholder governance. Instead, all strategic decisions are handled by the Consortium under a charter designed for Ethereum-first alignment.
There is no token-based voting. Strategic decisions on emissions, grants, and funding are made by the Linea Consortium. This is a U.S.-based, non-stock entity applying for non-profit status, ensuring durability and regulatory alignment.
The Consortium's charter (to be published pre-TGE) includes seat allocations, thresholds, and veto powers.
The eligibility checker is live. To verify:
The claim period runs from September 10 to December 9, 2025 (23:59 UTC). Unclaimed tokens will return to the Ecosystem Fund.
LXP Campaign:
Boosts increase LXP by 10% each (non-stackable beyond total 1.2x).
LXP-L Campaign (Linea Surge):
This allocation is not part of the public claim. Distributed via a curated process for builders, dApps, and communities with strong alignment and contributions.
Linea employs a unique dual-burn model:
This design directly aligns both Layer 1 and Layer 2 economics.
Linea is currently streaming with:
The token will integrate into this growing ecosystem, unlocking further functionality.
Post-TGE, expect the following:
There will be likely usage-based campaigns thereafter, which will encourage holders to stake, build, or interact.
When is the TGE?
September 10, 2025
What’s the total supply of LINEA?
72 billion tokens
Who is eligible for the airdrop?
Users with 2,000+ LXP or 15,000+ LXP-L, based on activity
Will I need ETH to claim?
Yes, ETH is required for gas fees
What happens to unclaimed tokens?
Returned to Ecosystem Fund for future use
Is there a governance DAO?
No, governance is handled by the Linea Consortium
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