Linea Partners with Consensys and NileExchange to Launch New DEX

**Linea's token launch presents an unusual market structure** with only airdrop recipients able to sell initially. **Key characteristics:** - No team or investor token allocations creating sell pressure - Only airdrop recipients can currently trade - Token supply designed to be deflationary - ETH capital expected to flow into the ecosystem **This setup eliminates traditional launch selling pressure** from insiders and early investors, potentially creating different price dynamics than typical token launches. The deflationary tokenomics combined with limited initial supply could impact long-term value accrual as the Ethereum scaling solution develops.

Linea has boosted its Ignition program rewards from 150M to **160M future LINEA tokens** starting next week. **Reward Distribution:** - 80% allocated to lending pool liquidity providers - 20% designated for Etherex trading activities Liquidity providers now have expanded deployment options through **Euler Finance Earn Vault** for USDC and WETH positions. This increase comes as Euler Finance has reached **$140M in deposits** on Linea, demonstrating growing adoption of the platform's lending ecosystem. The Ignition program continues to incentivize DeFi participation on Linea's Ethereum-aligned Layer 2 network. [Learn more about eligibility](https://linea-ignition-docs.brevis.network/)

**Linea releases documentary** chronicling its journey from concept to reality. [**Ethereum For All: The Linea Origin Story**](https://linea.build/documentary?utm_source=twitter&utm_medium=social&utm_campaign=cmp-4535859-afbf08) is now available, showcasing the development of the zk rollup. The documentary arrives alongside Linea's major token launch: - **85% ecosystem allocation** (no team/VC tokens) - **Airdrop opens September 10th** for LXP holders - **90-day claim window** until December 9th - **Fully unlocked tokens** with no vesting Linea positions itself as **"silver to ETH's gold"** with native yield on bridged assets and dual burn mechanism. The project aims to strengthen Ethereum while scaling it through zk rollup technology.

**Linea raises $1.2 billion** in what appears to be a significant funding round for the Ethereum Layer 2 scaling solution. The ConsenSys-backed zk rollup has secured substantial capital to continue developing its infrastructure for Ethereum dApps. - Previous funding history shows strong investor confidence - Focus remains on scaling Ethereum applications - Developer-ready infrastructure continues expansion This funding positions Linea among the most well-capitalized Layer 2 solutions in the ecosystem.

**Linea prepares to reveal its origin story** as the project enters its next chapter. The ConsenSys-powered zk rollup will launch its backstory content, marking a significant milestone in the platform's development. - Origin story content launches tomorrow - Represents transition into Linea's "next chapter" - Built as developer-ready solution for Ethereum scaling This retrospective comes as Linea positions itself for future growth in the competitive Layer 2 landscape.