Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The Linea dual-coin burn mechanism is launched, and the transaction Gas will burn ETH and LINEA at a ratio of 1:4.
According to Mars Finance, LINEA announced on the X platform that its token burning mechanism has officially been activated. In the future, the gas fees for each on-chain transaction of LINEA will proportionally burn ETH and LINEA tokens, thereby reducing the circulating supply and introducing a deflationary model. The official stated that 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 directly burned in the form of ETH, and 80% will be exchanged for LINEA and burned on the Ethereum Mainnet. At the same time, a real-time burn data tracking feature has been launched on-chain to enhance transparency and verifiability.