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Linea Announces Tokenomics: Total Supply of approximately 72 billion tokens, with 9% Allocated for Early User Airdrop
BlockBeats News, July 30th, Linea officially announced the LINEA Tokenomics: The total supply is 72,009,990,000 (approximately 72 billion) tokens, equivalent to 1,000 times the initial circulating supply of ETH. The distribution is designed to echo Ethereum's genesis distribution: 85% of the supply is dedicated to the ecosystem, and the remaining 15% is allocated to the Consensys Treasury. Early users will receive tokens from a distribution equivalent to 9% of the token supply, which will be airdropped at TGE and fully unlocked. Airdrop eligibility will be assessed based on a series of metrics, including LXP and on-chain indicators. Full details and individual qualification information will be announced through the official qualification checker prior to TGE. In addition to the user airdrop, 1% of the LINEA token supply will be reserved for strategic builders in the Linea ecosystem and will be fully unlocked at TGE, including core applications and the community.
75% of the LINEA token supply is allocated to the Ecosystem Fund managed by the Linea Alliance, whose members include ENS Labs, Eigen Labs, SharpLink, Status, and Consensys. Approximately 25% of the funds will be used to support ecosystem launches in the first 12-18 months, and the remaining 50% will be gradually released over 10 years to fund protocol development, shared infrastructure, open-source tools, and strategic partnerships with developers aligned with the goals. 15% of the total token supply is allocated to the Consensys Treasury. These tokens will be locked for five years and are not transferable until the full vesting period expires.
ETH is used as the network Gas token, and after deducting L1 costs, 20% of Gas fees will be burned, reducing the ETH supply and enhancing its currency premium, while the remaining 80% of Gas fees will be used to burn LINEA.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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