Linea

**Linea has activated its token burn mechanism** with real-time tracking now available. **Current burn statistics:** - ETH burned: $62,333 USD value - LINEA burned: $231,025 USD value Every transaction on the network reduces token supply while strengthening the ecosystem through fee burns. Users can monitor burn metrics live via the [Dune Analytics dashboard](https://dune.com/linea/burn-metrics). This deflationary mechanism ties network usage directly to token scarcity, creating economic incentives for continued adoption.

**Linea Exponent** launches a three-month developer competition running from November 4, 2025 to January 30, 2026. **How it works:** - Deploy your app to Linea - Register on the Developer Hub - Compete based on verified user transactions - No judges, pitch decks, or panels **Prizes include:** - $250,000 split among top 42 teams - Token launch support with liquidity on Etherex - Free Infura & Web3Auth subscriptions - Subsidized smart contract audits - Direct access to core engineers **Additional benefits:** - Fast-track ecosystem funding access - Global visibility across Linea channels - Exclusive founder events and dinners - Long-term support for high performers **The bigger picture:** Exponent reinforces Linea's economic model where every transaction fuels a dual-burn mechanism: - 20% of gas fees burn ETH - 80% buy and burn LINEA tokens More network activity creates more value for both ETH and LINEA holders, building toward self-funding L2 economies. [Register now](https://linea.build/exponent) to compete.

**Linea's engineering update reveals progress on Ethereum compatibility** - Tanay1337 and Roman from the engineering team met to discuss current development status - Focus on **catching up to Ethereum's latest features** and maintaining compatibility - Discussion covered roadmap for upcoming improvements and feature implementations - Meeting highlights Linea's commitment to staying current with Ethereum's evolving ecosystem The conversation provides insight into how Linea continues building its zk rollup infrastructure to support developers.

**The SomETHing Podcast** explores corporate Ethereum treasury strategies with **SharpLinkGaming** setting new standards. - **Featured guests**: @ethereumJoseph and @joechalom discuss how companies are managing ETH treasuries - **Host**: @EricCMack guides the conversation on corporate crypto adoption - **When**: Monday, Nov 3rd at 5:30 PM UTC - **Where**: Available on X and YouTube **Bonus episode** coming Tuesday with @DeclanFox14 and @0x0gcrypted covering: - Gas burns mechanics - Native yield opportunities - Technical Q&A session Two episodes this week diving deep into corporate crypto strategies and technical developments.

**Linea launches major tokenomics changes next week** that could transform its ecosystem dynamics. **Gas Burn Mechanism** - 20% of gas fees will burn ETH - 80% of gas fees will burn LINEA tokens - Creates deflationary pressure as network usage grows **Native Yield Coming** - Bridged ETH will generate LP rewards - Designed to accelerate DeFi growth across the ecosystem - More yield attracts more capital and activity **Institutional Adoption** - SharpLinkGaming deploying $200M+ ETH treasury on Linea - Shows confidence in Ethereum-centric design - Expected to attract more institutional capital **Key Advantages** - No sell pressure from VCs or insiders - Zero insider token unlocks - Ecosystem fund bootstraps sustainable growth The combination creates a reinforcing cycle: ecosystem activity burns tokens, making them deflationary, while institutional capital provides long-term liquidity. Linea continues its rapid development, having recently upgraded through multiple Ethereum versions (Paris, Shanghai, Cancun, Prague) in just four months. *Updates will be discussed on The SomETHing Podcast stream Tuesday, November 4th at 12:00 PM UTC.*

Linea, the Ethereum-aligned layer 2 solution, announces a significant partnership with **Consensys** and **NileExchange** to develop a new decentralized exchange (DEX). This initiative aims to enhance liquidity across both Linea and Ethereum ecosystems. Key developments: - ZK-rollups becoming mainstream for Ethereum scaling - Growing treasury company emergence - Increased on-chain activity Linea continues its expansion following its earlier integration with Kontos, offering users reduced transaction costs and improved scalability through its zkEVM rollup network.

A significant development in blockchain infrastructure is taking shape as industry leaders collaborate with Boundless to enhance cross-chain communication using ZK proofs. - The initiative aims to create a universal language for cross-chain interaction - Focus areas include scaling solutions and interoperability improvements - ZetaChain integration enables cross-chain applications, including native BTC functionality This collaborative effort represents a strategic move toward more seamless blockchain connectivity and improved scalability across networks. *Learn more about the technical implementation at* [Boundless](https://boundless.xyz)

Key updates from Linea's ecosystem this week: - **AbacusFi** introduces abcLYNX: Users can convert veLYNX to abcLYNX via LynexFi for autocompounding benefits - **Denaria Finance**, a new perpetual DEX, launched public testnet with testnetUSD trading and points system - **eforgs_on_linea** NFT community marked their 1-year milestone - **Franklin Payroll** goes live with multi-currency payment options for project contributors, supporting both fiat and crypto These developments showcase Linea's growing DeFi and NFT ecosystem while expanding payment infrastructure.

**Major DeFi Integration**: Aave, the non-custodial liquidity protocol, has launched on Linea. **Ecosystem Updates**: - ENS team advances Namechain development on Linea - MetaMask Card introducing USDC and Coinmunity memes cashback - LucidLabs and Arcana Network launching multi-chain tools **NFT Developments**: - Limited edition Memenomics NFT (1,337 supply) - FoxyLinea NFT launch (10k supply) - PoH partner 0xmercle raising funds via 6969 NFT mint **Active Campaigns**: - Pond Dev Cookoff: $5,000 USDT prize pool - LynexFi testing rewards with Alphamind labs

The Linea Guild Games have concluded with exciting results: - @FoxyLinea secured 1st place, winning $25k for their guild - @efrogs_on_linea claimed 2nd place, earning $15k for their community - $50k in prizes distributed to individual gamers Key points: - Winning teams' funds transferred to respective communities - Organizers hope participants enjoyed the event - Anticipation building for the next Linea Guild Games Participants and community members are encouraged to share their readiness for future competitions.