Coins Network news, encryption KOL @tobific made predictions for Linea Airdrop, stating that based on the current L2 valuation level in the market, assuming Linea's FDV reaches 8 billion USD after listing, calculated based on Airdrop share of 10-15% of the total supply, the value of each LXP could reach 0.51 USD. And according to its most pessimistic projection, assuming the FDV of Linea reaches $3.5 billion after listing, and based on the Airdrop share of 10% of the total supply, the value of each LXP could reach $0.11.

Odaily Star Daily News Layer3 announced on X platform that the FOXY mini airdrop has started. Users holding LXP can claim 42 FOXY. It is reported that the maximum number of participating users for this mini airdrop is 60,000.

Odaily Planet Daily News According to official sources, Linea announced that it will soon distribute LXP to Linea Park participants, and reminds users to confirm their PoH status and need to visit the official website for confirmation before 11:59 PST on June 5th.

Odaily Planet Daily News According to L2BEAT data, Linea TVL exceeded 900 million US dollars, setting a new historical high, and currently stands at 911.88 million US dollars, with a 7-day growth rate of 19.67%. Previously, Ethereum L2 network Linea announced that it has launched the first phase of Volt on Linea Surge, aiming to promote the development of the ecosystem by attracting more users and increasing TVL on the network. Linea Surge is a points-driven program, where users can earn LXP-L tokens by holding assets on Linea and deploying them to DeFi protocols on the network. This plan will run for 6 cycles (6 months) or until TVL reaches 3 billion US dollars. The allocation of LXP-L will decrease by 10% each cycle, with additional benefits for early users. Additionally, the liquidity deployed by users must be greater than or equal to $24 in a single protocol to be eligible for points calculation.

PANews May 17th news, according to official sources, Linea, a Layer2 network under ConsenSys, announced that the first phase of Linea Surge, Volt, is now live. Linea Surge aims to promote the development of the ecosystem by attracting more DeFi enthusiasts and increasing the Total Value Locked (TVL) on the network. Linea Surge is a points-based project, where users can earn LXP-L tokens by holding assets on Linea and deploying them into DeFi protocols. The program will run for 6 phases (6 months) or until the TVL reaches $3 billion. The allocation of LXP-L will decrease by 10% each phase, so participating in the first phase, Volt, will yield the highest liquidity rewards. Early adopters will receive additional benefits. Users who hold at least 0.1 ETH in any position before 23:59 on May 15, 2024 (GMT time zone) will receive the early adopter modifier for LXP-L in the first phase, Volt. Tip: In order for the points to be valid, the deployed liquidity must be greater than or equal to $24 in a single protocol to avoid excessive distribution of points caused by fragmented funds in the wallet.

Odaily Planet Daily News reports that Linea announced on the X platform that it has decided to temporarily suspend the distribution of LXP due to the discovery of some Sybil activities. Linea will work with PoH issuers and Verax to actively revoke the certification of Sybil addresses.

PANews reported on March 28 that, according to official news, Linea, a Layer2 network owned by ConsenSys, announced that it will launch The Linea Voyage: Surge event, which will start in April and last for 6 months, or until the network's TVL reaches $3 billion. Linea Surge will enhance its ecosystem by bringing liquidity (TVL) to the network and gamify the strategic deployment of assets in its DeFi protocol. Liquidity managers will be able to collect a non-transferable soulbound token (SBT), LXP-L, while participating in their favorite DeFi protocols. The LXP-L is designed to track liquidity on Linea. It will be collected on a regular basis, using point-based multipliers related to vertical use cases and asset classes, and changing over time to ensure the health of the Linea ecosystem.

PANews reported on March 9th that Linea, an L2 network under ConsenSys, announced on the X platform that it will mint LXP for users who have participated in the Desig, Foxy, and The Unfettered events next week. Users are required to complete Proof of Humanity (POH) by March 12th.