Consensys founder Joseph Lubin addressed issues from LINEA token holders after a current 20% decline.
He prompt that protecting tokens long-term may result in advantages down the highway.
Lubin shared on X that people who keep their LINEA balances for a specified interval might qualify for future distributions. These may embody tokens from Consensys itself or from different related initiatives.
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He stated, “If we discover, at some date sooner or later, that you just’ve held n LINEA tokens for m days, that simply may result in one other token touchdown in your account”.
Lubin additionally talked about that MetaMask and Linea are collaborating on a mission associated to this concept, though no additional particulars have been shared.
His feedback got here after Linea’s token technology occasion (TGE), throughout which the mission introduced how LINEA tokens could be distributed.
In response to the plan, 85% of the entire provide is put aside for ecosystem improvement, whereas the remaining 15% shall be held by the Consensys treasury.
The dialogue started when a Linea group member posted on X. They wrote, “Customers have no idea what to do with the Linea they’re holding”, and prompt creating platforms to make higher use of the token.
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