Ethereum Layer-2 network Linea announces the issuance of LINEA tokens

ChainCatcher news, according to Decrypt, the Ethereum Layer-2 network Linea announced the issuance of the LINEA token and the establishment of the Linea Alliance, composed of companies such as SharpLink Gaming and ENS Labs, responsible for 75% of the token distribution. The network plans to use 20% of the transaction fees to burn ETH and 80% to burn LINEA, creating a deflationary mechanism.