Amid a messy airdrop, LINEA has misplaced half its worth since launching yesterday.
LINEA token holders are being teased with future rewards as costs plunge.
Joseph Lubin, co-founder of Ethereum and blockchain infrastructure agency Consensys, wrote in an X put up on Thursday, Sept. 11, that holding LINEA might open “additional rewards alternatives, principally in different tokens.”
He added that MetaMask, additionally developed by Consensys, and Linea are already working collectively to make these rewards potential, although particulars on timing and quantities stay imprecise.
“Holding LINEA tokens alerts that you’re a Linea group member and are seemingly engaged in productive Linea Economic system actions: constructing, liquidity provision / staking, utilizing, accumulating […],” Lubin wrote within the X put up.
Primarily based on exercise and the size of time a pockets holds LINEA, customers might qualify for future airdrops, the Ethereum co-founder defined.
“So if we discover, at some date sooner or later, that you have held n LINEA tokens for m days, that simply may result in one other token touchdown in your account. And if n and m are bigger numbers, your account may obtain a bigger reward. Rinse, repeat,” Lubin added.
Lubin’s put up lands as LINEA will get off to a rocky begin, dropping half its worth in a single day as airdrop recipients seemingly money out. As of press time, LINEA is buying and selling at $0.023, down over 50% from its all-time excessive, per CoinGecko knowledge.
As The Defiant reported yesterday, regardless of the mainnet being dwell for years, the community bumped into points main as much as the token technology occasion, stopping block manufacturing for 46 minutes in a single day and leaving many customers struggling to say their airdrops.
