{"id":80629,"date":"2025-09-11T18:00:20","date_gmt":"2025-09-11T15:00:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80629"},"modified":"2025-09-11T18:06:26","modified_gmt":"2025-09-11T15:06:26","slug":"joseph-lubin-promises-rewards-for-linea-holders-amid-price-drop","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/joseph-lubin-promises-rewards-for-linea-holders-amid-price-drop\/","title":{"rendered":"Joseph Lubin Promises Rewards for LINEA Holders Amid Price Drop"},"content":{"rendered":"<p>The 20% decline in the LINEA token from the eponymous L2 network following its launch has sparked skepticism within the community. In response, ConsenSys founder Joseph Lubin discussed rewards for long-term asset holders.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Well, just holding Linea will open up further rewards opportunities, mostly in other tokens; some from Consensys and some from protocols that we are aligned with.<\/p>\n<p>MetaMask and Linea are cooking somETHing together to make this happen.<\/p>\n<p>Together we are all bootstrapping the Linea\u2026 <a href=\"https:\/\/t.co\/AGhPovMSBH\">https:\/\/t.co\/AGhPovMSBH<\/a><\/p>\n<p>\u2014 Joseph Lubin (@ethereumJoseph) <a href=\"https:\/\/twitter.com\/ethereumJoseph\/status\/1965986280828727566?ref_src=twsrc%5Etfw\">September 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;If we find that you held N LINEA tokens for M days, it could lead to new coins appearing in your account,&#8221; he wrote.\u00a0<\/p>\n<\/blockquote>\n<p>Lubin added that users might qualify for future airdrops\u2014from both ConsenSys and other ecosystem projects. According to him, MetaMask and Linea are already preparing a joint initiative, though he did not disclose details.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">What is the Utility?\u00a0<\/h2>\n<p>Lubin&#8217;s comment was a response to a question from a crypto community member with the nickname Math fFinance, who doubted the practical application of the LINEA token.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Day one of post TGE <a href=\"https:\/\/twitter.com\/search?q=%24LINEA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINEA<\/a><\/p>\n<p>users do not know what to do with linea they are holding.<\/p>\n<p>bring linea lending and or staking platform to make use of linea.<\/p>\n<p>CC <a href=\"https:\/\/twitter.com\/ethereumJoseph?ref_src=twsrc%5Etfw\">@ethereumJoseph<\/a> <a href=\"https:\/\/twitter.com\/Alain_Ncls?ref_src=twsrc%5Etfw\">@Alain_Ncls<\/a> <a href=\"https:\/\/twitter.com\/DeclanFox14?ref_src=twsrc%5Etfw\">@DeclanFox14<\/a> <a href=\"https:\/\/twitter.com\/Consensys?ref_src=twsrc%5Etfw\">@Consensys<\/a> <a href=\"https:\/\/twitter.com\/LineaBuild?ref_src=twsrc%5Etfw\">@LineaBuild<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SBET&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SBET<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LINEA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINEA<\/a><\/p>\n<p>\u2014 Math\u2b24fFinance \u2615\ud83d\udc9a\u2602\ufe0f (@MathOfFinance) <a href=\"https:\/\/twitter.com\/MathOfFinance\/status\/1965980871552643087?ref_src=twsrc%5Etfw\">September 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Users do not understand what to do with Linea coins. A staking or lending platform needs to be implemented,&#8221; he emphasized.<\/p>\n<\/blockquote>\n<p>A trader under the pseudonym Corey Crypto <a href=\"https:\/\/x.com\/SSjCosmoCrypto\/status\/1966010480767672505\">accused<\/a> the project of creating a meme coin. In his view, LINEA lacks utility, and the Linea team has not devised a way to incentivize holders.\u00a0<\/p>\n<p>Some suggested an alternative\u2014launching a token buyback program. They believe such a strategy could be more effective in encouraging long-term holding.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;What you said attracts speculators but will deter real investors. Most of those who received the airdrop will not listen to you\u2014their work is already done. Perhaps this is your true goal, but if you really want people to hold your coins, it&#8217;s not what you say, but what you do that matters. Pay attention to HYPE and PUMP,&#8221; <a href=\"https:\/\/x.com\/oldlining\/status\/1966010055465251256\">advised<\/a> one user.\u00a0<\/p>\n<\/blockquote>\n<p>On September 10, major exchanges listed the LINEA token. Within a day, the coin&#8217;s price fell by more than 22%\u2014from a peak of $0.04 to the current level of $0.02.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"463\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852-1024x463.png\" alt=\"image\" class=\"wp-image-265662\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852-1024x463.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852-300x135.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852-768x347.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852-1536x694.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-2d21da9347bc6eb2-3994682375200852.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/linea\">CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n<p>On the same day, an airdrop took place. According to Dune, 460,098 addresses claimed 76.5% of the tokens available for distribution.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"399\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247-1024x399.png\" alt=\"image\" class=\"wp-image-265663\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247-1024x399.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247-300x117.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247-768x299.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247-1536x598.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-575859f88ca6133a-3994696973974247.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/dune.com\/dqhieu138\/linea-airdrop-claim\">Dune<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Back on the day of the coin&#8217;s launch, the Linea network <a href=\"https:\/\/forklog.com\/en\/news\/disruptions-hit-linea-and-polygon-networks\">experienced<\/a> a failure. The Polygon blockchain also encountered issues.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 20% drop in LINEA sparked skepticism. ConsenSys founder Joseph Lubin discussed rewards for holders.<\/p>\n","protected":false},"author":1,"featured_media":80630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The coin's price fell 20% after launch.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,246,1548,1179,1574],"class_list":["post-80629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-consensys","tag-joseph-lubin","tag-layer-2-solutions","tag-linea"],"aioseo_notices":[],"amp_enabled":true,"views":"293","promo_type":"1","layout_type":"1","short_excerpt":"The coin's price fell 20% after launch.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80629"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80629\/revisions"}],"predecessor-version":[{"id":80631,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80629\/revisions\/80631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80630"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}