Linea Ignites Liquidity Bonfire: New $1B Program Launches
Linea has launched the Ignition program, a fresh rewards incentive for liquidity providers on its Layer 2 network.
Revealed on September 2, this initiative aims to boost Total Value Locked (TVL) significantly. It plans to distribute one billion LINEA tokens among participants who contribute liquidity across Aave, Euler, and Etherex platforms.
- Rewards verified using Brevis ZK tech.
- 40% of tokens unlock by October 27.
The Ignition program targets over $1 billion in TVL growth by incorporating zero-knowledge proofs (ZK) for secure and clear tracking.
For DeFi enthusiasts, joining Ignition means earning LINEA tokens. Users need to provide liquidity to strategic pools in Aave, Euler, and Etherex.
Etherex boosts rewards during market volatility. Meanwhile, Aave and Euler offer adaptive incentives based on time-weighted vault shares.
Brevis ZK-proof technology enhances security.Their ZK coprocessor and Pico ZKVM validate rewards, maintaining decentralization.
Accumulated tokens remain locked until October 27, after which recipients can claim 40%. The remainder unlocks gradually over 45 days.
previously, in late July, Linea conducted an ecosystem airdrop involving 780,000 wallets and providing 7.2 billion tokens. Pre-market trading commenced by late August, with plans for a full token generation event in September.
