Linea swap and bridge: campaigns and milestones

Linea ongoing campaigns

There have been several campaigns hosted on Linea to boost the network growth and performance as well as incentivize the most active adopters. One of the great examples was Linea Voyage - a campaign that consisted of weekly challenges from the selected Dapps to drive the development further on the Linea mainnet network.

Here is some good news! ICYMI, the blockchain network’s team announced Linea Surge - a long-term campaign to enhance the liquidity and overall vibrancy via allocating funds on the network. The flow of the program is familiar to crypto enthusiasts.

Linea Surge explained - is LXP-L airdrop happening?

No one likes big texts with fillers, right? Let’s take a look at the most important points that explain and review the Linea Surge campaign with one of the most popular questions regarding the specific token distribution.

Linea Surge Timeframes

• The Linea Surge campaign is expected to start in April this year. It will run for a maximum of six months with the possibility of an earlier drop - depending on the network's Total Value Locked metric. If it reaches $3 billion in the exact volt (an epoch on the network), the campaign is finished. ​Currently, the Linea TVL is $257.13 million (subject to change - we advise to check the data upon request).

How To Participate in Linea Surge?

• Users can participate in the campaign by obtaining and holding specific tokens on Linea. It’s important to connect your wallet once the program starts - so that your on-chain data can be counted.

• There will be tasks focused on deploying assets and providing liquidity into designated protocols. All of them will be highlighted by Linea in the official communication channels, so stay vigilant to avoid phishing and scams.

• You would be able to track your result directly in the Linea Surge dashboard. Check the availability and the official link right here.
  
  
  
  

How The Distribution of Linea Surge Rewards is Designed?

• The formula to calculate the amount of distributed tokens include several parts: Decay Function (DF), Ecosystem, Referral and Veteran points. Decay Function parameter will be set as 1 in the start with a decrease at each epoch (a.k.a. Volt).

• Ecosystem Points will be calculated depending on the ratio of your activity - depending on the type of the decentralized application you interact with and the amount of funds you lock in Linea Network. The full explanation for real geeks is right here.

• At the end, users will have the LXP-L tokens distributed to their wallets. The flow of calculation is based on the point allocation.

It’s important to know that more information on Lina Voyage will be available right before the start of the campaign, and the official links will be posted in Linea Official Docs or right at Linea's Official X/Twitter Account.

TL;DR - conclusion

Big numbers, new milestones and the interactive campaign with LXP-L token distribution - lots of things that are worthy of Linea community attention. Here’s a short recap of our review:

• Since the launch of Linea Bridge at Symbiosis, the network displayed and recorded continuous growth;

• During the first three month of 2024, Linea managed to increase and multiply most important metrics at Symbiosis - resulting in the growth in the number of performed cross-chain and on-chain swaps of assets on Linea as well as the amount of funds exchanged;

• Linea is projected to continue going steady to a new threshold of $3 billion with a new campaign called Linea Surge. Depending on the level of interaction and liquidity provision, users and Linea veterans will obtain a specific amount of LXP-L tokens.