Consensys founder Joseph Lubin addressed issues from LINEA token holders after a current 20% decline.
He recommended that conserving tokens long-term might 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 might embody tokens from Consensys itself or from different related tasks.
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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 would possibly result in one other token touchdown in your account”.
Lubin additionally talked about that MetaMask and Linea are collaborating on a undertaking associated to this concept, though no additional particulars had been shared.
His feedback got here after Linea’s token technology occasion (TGE), throughout which the undertaking introduced how LINEA tokens can be distributed.
In response to the plan, 85% of the full provide is put aside for ecosystem growth, whereas the remaining 15% might 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 recommended creating platforms to make higher use of the token.
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