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LINEA Airdrop Claims Fail Amid ‘Partial Outage’ on Mainnet
11 Articles
11 Articles
LINEA Airdrop Claims Fail Amid ‘Partial Outage’ on Mainnet
Consensys’ Ethereum layer 2 Linea launched its LINEA token on Tuesday, but the airdrop was far from seamless – a number of users reported issues with the claim process and failed transactions. The network also saw a halt in block production for about 45 minutes before the LINEA airdrop, caused by performance degradation of the mainnet sequencer. The airdrop still went live as planned after the issue was mitigated, with 749,000 wallets eligible t…
Joseph Lubin Promises Future Rewards for Linea Holders Amid 20% Price Drop
Joseph Lubin, the founder of ConsenSys and a prominent figure in the blockchain and cryptocurrency industry, has announced a new initiative involving a rewards airdrop for the upcoming Linea blockchain network. The airdrop aims to distribute tokens to early participants and supporters, fostering community engagement and providing incentives for users to participate in the platform’s development. Lineas’s Airdrop and Community Engagement The Line…
Linea (LINEA) price drops 20% after Binance listing, will it crash?
LINEA price faced a sharp correction after it secured listings on multiple exchanges, including Binance and Bybit, as investors locked in profits by selling their airdropped tokens. On Sep. 10, Linea (LINEA), the native token of the Ethereum Layer 2…
Linea’s Airdrop Launches Successfully Despite Sequencer Issue
Linea’s token airdrop launches with 9 billion tokens, boosting Ethereum’s Layer-2 network. Eligible users have 90 days to claim their LINEA tokens, ensuring broad participation. Linea quickly resolved a sequencer issue, minimizing any impact on the airdrop process. The Linea Association successfully conducted its token generation event (TGE) on Wednesday by distributing over 9 million tokens to eligible users, thus boosting its presence in the b…
Key points of the news: Linea opened the claim of more than 9.36 billion tokens with a TGE that will be available for 90 days until December 9. 85% of the supply goes to the ecosystem, with 10% unlocked for early users and 75% to the fund managed by the Linea Consortium. The network implements a dual system of burning commissions, eliminating 20% of fees in ETH and using 80% to buy back and destroy LINES. Linea, the layer 2 network on Ethereum d…
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