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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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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.