The Linea Token Generation Event (TGE) is set to take place in Q4 2024. This marks the official launch of Linea’s native ERC-20 token, which will play a crucial role in the ecosystem. The token is designed for various uses, including governance, staking, and incentivizing liquidity within decentralized applications on the Linea network(Crypto News)(Etherscan).
The total supply of the Linea is expected to be 10 billion tokens, but there is no official confirmation yet from Linea’s team. This figure has been reported across multiple sources, but you should keep an eye on Linea’s official announcements closer to the Token Generation Event (TGE) to verify the exact supply, though the exact price at launch will be determined closer to the Linea TGE date. The event coincides with the conclusion of the Linea Surge Program, a six-month initiative designed to boost the network’s liquidity(Bankers Digests)(Ethplorer).
To participate in the TGE, users can engage with the ecosystem by providing liquidity or interacting with supported decentralized applications. It’s important to follow official channels for updates and use MetaMask to bridge assets onto the Linea network(Crypto News)(Ethplorer).
