yyy|12月 02, 2025 02:38
Here’s some good news and bad news about @LineaBuild:
Good news:
Linea launched a dual-token burn mechanism on November 4th, using 20% of the net profit from the Linea chain to buy back and burn ETH, and 80% to buy back and burn LINEA.
So far, 32 ETH and 35.8 million LINEA (about 0.05% of the total token supply) have been burned.
Bad news:
The market isn’t buying it. LINEA has been in a continuous downtrend, dropping 70% from its peak.
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