Linea officially launches Dual Burning Mechanism, a parallel burning model between ETH and LINEA, to create a long-term connection between Layer2 and Ethereum mainnet.

๐Ÿ“Œ How it works:

- 20% of gas fees are burned directly in $ETH

- The remaining 80% are converted to $LINEA and then burned again

๐Ÿ“Š To date:

๐Ÿ”ฅ 17,982 $ETH burned

๐Ÿ”ฅ 20,294,431 $LINEA burned

๐Ÿ’ฐ Total value equivalent to ~$293,000 USD

This is just the beginning โ€“ but an important step to help #LINEA reduce supply, create long-term value, and strengthen the economic connection with Ethereum