Linea launches dual-token burn mechanism: trading gas will simultaneously burn ETH and LINEA at a 1:4 ratio
ChainCatcher News, Linea announced on the X platform that its token burn mechanism has been officially activated.
From now on, the gas fees for every transaction on the Linea chain will proportionally burn both ETH and LINEA tokens, thereby reducing circulating supply and introducing a deflationary model. According to the official statement, all gas fees will still be paid in ETH and deposited into a dedicated fee contract. After deducting infrastructure expenses, the remaining portion will be entirely used for burning: 20% will be burned directly in the form of ETH, while 80% will be converted to LINEA and burned on the Ethereum mainnet. In addition, a real-time on-chain burn data tracking feature has been launched to enhance transparency and verifiability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Client nodes, console, and API were not modified; Chainstack discloses attacker used the ARTEX framework

Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.

Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.


