Alisa Davidson
Revealed: August 25, 2025 at 4:27 am Up to date: August 25, 2025 at 4:27 am
Edited and fact-checked:
August 25, 2025 at 4:27 am
In Transient
Linea spotlights founding consortium members, beginning with Standing, which is constructing a gasless Layer 2 that returns 100% of internet yield to the neighborhood and helps token utility and open-source innovation.
Ethereum Layer 2 community Linea introduced that over the approaching weeks it should spotlight key contributors and influencers inside the Ethereum ecosystem by profiling the founding members of the Linea Consortium. The primary profile options Standing, a long-time participant in Ethereum growth whose mission aligns intently with Linea’s concentrate on returning worth to the mainnet.
Established in 2017, two years after Ethereum’s launch, Standing has constantly contributed to the ecosystem, starting with a decentralized communication platform and pockets, and increasing to tasks reminiscent of Waku for peer-to-peer encrypted messaging, Codex for decentralized storage, and Nimbus, an Ethereum shopper. Standing has maintained a robust presence within the Ethereum house, emphasizing open-source growth, decentralization, and privateness.
Linea and Standing fashioned an early partnership round shared rules of open-source infrastructure, with Standing Community changing into one of many first contributors to the Linea codebase. Standing Community is now constructing a Layer 2 leveraging the Linea stack with options aimed toward benefiting the broader ecosystem. The Layer 2 will help natively gasless transactions, eliminating charges for actions together with ETH transfers, decentralized finance (DeFi) interactions, gaming, and sensible contract deployment, thereby decreasing limitations to mainstream adoption.
Moreover, Standing Community will distribute 100% of internet yield again to the neighborhood after operational prices, generated by way of native staking of bridged ETH on Ethereum mainnet, stablecoin yield in collaboration with Aragon, and commissions on native app charges. The neighborhood could have governance over how these yields are allotted, whether or not for public items, liquidity incentives, or new software growth.
The community will even introduce Linea token utility by enabling deposits of LINEA and SNT tokens to earn a yield increase in LINEA, offering a transparent use case for the token. New options, such because the gasless module, shall be open-sourced for broader adoption, and Standing plans to combine various information availability layers like EigenDA to reinforce throughput and scalability for the gasless structure.
Standing Community: Driving Ethereum Development As A Founding Member Of Linea Consortium
As a founding member of the Linea Consortium, Standing Community is a key Ethereum-native group tasked with overseeing 75% of the Linea token provide, which is allotted to ecosystem growth, public items funding, and Ethereum analysis and growth, representing the biggest ecosystem fund in Ethereum thus far.Â
Standing Community envisions the way forward for Linea and its related chains as a extra built-in and interoperable ecosystem, specializing in a seamless messaging system for cross-chain interactions somewhat than counting on conventional bridges. The group’s shared technical contributions, progressive methods, and robust alignment with Linea’s targets place Standing Community as an important steward supporting the expansion and resilience of Ethereum each inside and past the consortium.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
