A Few Insights into Linea Surge
Linea Surge is an innovative initiative designed to supercharge the Linea ecosystem by increasing its Total Value Locked (TVL), engaging DeFi enthusiasts, and boosting overall participation in the network. Aimed at strengthening the ecosystem during its transition towards decentralization, Linea Surge provides enhanced opportunities for both users and decentralized applications (dapps). Here's a detailed guide on how to receive Early Adopter:
Who is eligible to join Linea Surge?
Linea Surge is open to all participants in the DeFi community, from major liquidity providers to individual retail users. There is no minimum requirement for the amount of liquidity one needs to lock in the Linea protocol to begin accruing LXP-L points.
How does Linea Surge benefit the Linea community and ecosystem?
Linea Surge is designed to boost market efficiency by drawing liquidity providers into the ecosystem. This influx of liquidity not only creates more opportunities for users and decentralized applications (dapps), but also drives positive momentum throughout the community. By rewarding both early adopters and ongoing participants, Linea Surge underscores our commitment to maintaining a dynamic and thriving on-chain economy.
How to Become an Early Adopter for Linea Surge
Linea Surge's liquidity program, which rewards participants with LXP-L tokens, will officially start after April 17th. However, those who add liquidity of more than 0.1 ETH before April 15th will be recognized as Early Adopters.
Benefits for Early Adopters:
Early Adopters will receive LXP-L tokens during the first three months of the Linea Surge program at the following rates:
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First month: 1.5 times the base rate
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Second month: 1.3 times the base rate
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Third month: 1.2 times the base rate
Steps to Become an Early Adopter:
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Prepare at least 0.101 ETH in your Linea account.
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Visit this link to restake 0.101 ETH. Completing this action will conclude your part in the process!
Important Note:
- Maintain the $ezETH (the token received when restaking ETH on Renzo) in your wallet without any further action.
Additional Advice:
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The more ETH you add, the more LXP-L points you will accumulate over time. Evaluate your position and decide how much you wish to contribute accordingly.
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If you have already completed the Linea Park to receive LXP, we recommend participating in this event as well. Engaging in both activities might qualify you for a double token airdrop as per Linea's criteria.
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