12:08
Ethereum Layer-2 network LINEA announced the issuance of LINEA Token
According to ChainCatcher news reported by Decrypt, the Ethereum Layer-2 network LINEA has announced the issuance of the LINEA Token and established the Linea Alliance, composed of companies such as SharpLink Gaming and ENS Labs, to manage 75% of the token distribution. The network plans to use 20% of transaction fees to burn ETH and 80% to burn LINEA, creating a deflationary mechanism.