Linea

Linea is an Ethereum layer-2 network that provides an Ethereum-equivalent execution environment and submits transactions to Ethereum mainnet using a zero-knowledge rollup design.

LINEA is the ecosystem token associated with the Linea network. Linea’s official tokenomics documentation states that ETH is used for gas on Linea and that LINEA is not a gas token and does not include governance rights.

Linea’s documentation lists LINEA as an ERC-20 token deployed on both Linea mainnet and Ethereum mainnet at the same contract address

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.