Introduction to Linea Surge
Linea Surge is a dynamic segment of the broader Linea Voyage initiative, designed to bolster the Linea network's ecosystem through enhanced liquidity and user engagement. This program introduces the soulbound token LXP-L, earned by deploying assets in various DeFi protocols within the Linea network. The initiative is structured into periods called "Volts," each lasting a month and designed to prevent liquidity concentration and encourage ecosystem diversity.
Earning Mechanisms
Participants can earn LXP-L points by staking or deploying assets across a variety of supported projects and protocols:
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3A Lending Protocol: As part of the SURGE program, this protocol offers opportunities to borrow EURO3 among other assets, allowing users to earn LXP-L points through lending activities (3A DAO).
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Renzo Protocol: Here, users can deposit ETH, convert it to ezETH, and engage in staking or liquidity provision. The amount of ezETH supplied and the activities performed determine the LXP-L points accrued (DropJet).
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Zerolend: This platform enables users to deposit assets like ezETH and participate in lending. Points are earned based on the liquidity provided and the duration of asset deployment (DropJet).
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Algebra: By trading and completing tasks via the Algebra DEX engine, participants can accumulate LXP-L points, thus contributing to the diversity and activity of the ecosystem (Linea).
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Across Protocol: Utilizing Across Protocol to bridge assets to Linea Mainnet engages users in a leaderboard challenge, enhancing both liquidity and competitive engagement on the network (Linea).
Program Accessibility and Tracking
Linea Surge is designed to be inclusive, welcoming participation from all corners of the DeFi community—from large-scale liquidity providers to individual retail users. There is no minimum liquidity requirement to start earning LXP-L points, making it accessible to a wide range of participants. Moreover, a specially designed dashboard by OpenBlocks allows users to track their LXP-L accrual in real-time, ensuring transparency and active engagement throughout the Surge experience (Linea).
Conclusion
Linea Surge not only aims to increase the TVL and liquidity of the Linea network but also seeks to gamify the asset deployment process, making DeFi more engaging and rewarding for its participants. Through strategic asset deployment and participation in diverse projects and protocols, users can maximize their gains while contributing to the growth and sustainability of the Linea ecosystem. This initiative marks a significant step towards building a robust and decentralized financial platform.
For those interested in participating or learning more about the specific mechanics and opportunities within Linea Surge, visiting the official Linea documentation and staying updated with announcements is recommended.
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