MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: Linea has implemented a dual-token burning mechanism, where Gas fees for each transaction will burn ETH and LINEA at a 1:4 ratio. – Lookonchain – Looking for smartmoney onchain
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$79,913.001.91%
  • ethereumEthereum(ETH)$2,349.541.45%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.390.40%
  • binancecoinBNB(BNB)$623.811.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.120.58%
  • tronTRON(TRX)$0.3413470.90%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.77%
  • dogecoinDogecoin(DOGE)$0.1104202.19%
Ethereum

Linea has implemented a dual-token burning mechanism, where Gas fees for each transaction will burn ETH and LINEA at a 1:4 ratio. – Lookonchain – Looking for smartmoney onchain

Last updated: November 5, 2025 8:30 am
Published: 6 months ago
Share

On November 5th, Linea announced in a post on the X platform that its token burning mechanism has officially been activated. Subsequently, the gas fees for each on-chain transaction on Linea will be proportionally allocated to burn ETH and LINEA tokens. This leads to a reduction in the circulating supply and the introduction of a deflationary model. All gas fees will still be paid in ETH and directed to a dedicated fee contract. After deducting infrastructure expenses, the remaining amount will be used for burning: 20% will be directly burned in ETH form, and 80% will be converted into LINEA and burned on the Ethereum mainnet.

Read more on Lookonchain

This news is powered by Lookonchain Lookonchain

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Bitcoin and Ethereum are off to their worst start of the year in a decade — but some see a rebound in sight | Fortune
Spot Ether ETF staking could ‘dramatically reshape the market’
ETH’s Vitalik Buterin: Go easy on Tornado Cash developer
Best Meme Coin 2025? BullZilla Rises with Doge and Pepe
SUI Retest Ascending Triangle Support Amid 8% Drop – Bounce Or Breakdown Next? | Cryptocurrency Market News sui | CryptoRank.io

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Ethereum Market Cap Falls Below $400 Billion, Drops to 36th Among Global Mainstream Assets – Lookonchain – Looking for smartmoney onchain
Next Article Bitcoin Breaks $101,000 – Lookonchain – Looking for smartmoney onchain
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d