Linea Voyage: The Surge Referral Code: 4HxEe9kgtO
**Unlocking the Full Potential of Linea: Introducing Linea Surge**
Linea’s remarkable journey has reached a pivotal moment with the introduction of “Linea Voyage: The Surge,” a program designed to supercharge the network by bringing the missing piece to the ecosystem: liquidity. With a total value locked (TVL) of $440M in just eight months since its mainnet launch, Linea’s growth is a testament to its vibrant community and their enthusiasm for the many decentralized applications (dapps) within the ecosystem.
**The Importance of Liquidity**
Liquidity is the lifeblood of any decentralized finance (DeFi) protocol, and its absence can render even the most promising ecosystem stagnant. It fuels opportunities, reduces slippage and side effects, and dictates the overall user experience. A high TVL attracts more users, leading to a virtuous cycle of growth and diversification.
**The Linea Surge Program**
Linea Surge is an LXP-driven program that rewards users for having assets on Linea and deploying them into partner protocols. The program is structured into six “Volts,” each lasting one month, and will run for six months or until the network TVL reaches $3B, whichever comes first. The Surge is designed to attract a surge of DeFi enthusiasts, bringing unparalleled excitement and benefits to the existing community.
**LXP-L: A New Token for Liquidity Providers**
To incentivize liquidity providers (LPs), Linea is introducing LXP-L, a new token that will be allocated to LPs. LXP-L is a soulbound, non-transferrable token, similar to the existing LXP. This token will be minted to every address that provides liquidity to Linea during the Surge, following the Surge LXP-L Model developed in collaboration with OpenBlock.
**Benefits for the Ecosystem**
The influx of LPs will lead to more efficient markets, benefiting both dapps and users through more opportunities on-chain. The strong dapp ecosystem, combined with increased market liquidity, will create a positive momentum flywheel for organic growth. The activation of the 4844 — Dencun upgrade, which brings fees down by orders of magnitude, ensures that the Linea ecosystem is on the right path to becoming a leading L2.
**Inclusive and Transparent**
The Linea Surge program is designed to be inclusive, catering to participants across the spectrum. Non-LP users can continue to accrue LXP through task-based Voyages and quests run by partner dapps. The program’s mechanics include a time decay function, a referral system, and an early adopter modifier to reward users who have been contributing liquidity since the mainnet launch.
**Tracking Progress**
A dashboard provided by OpenBlock will empower users to track their LXP-L accrual, view the full list of participating dapps, and monitor the TVL and LXP-L generated by interacting with those dapps across different asset classes. This dashboard will ensure transparency throughout the Surge experience.
**A New Era for Linea**
Linea Surge represents a crucial step in the network’s journey toward decentralization. By supercharging the ecosystem with liquidity, Linea is poised to become a leading L2, owned and operated by the community. The program’s launch in April marks an electrifying moment in the Grand Linea Voyage, and we invite you to join us on this vital step toward creating a thriving on-chain economy.
The article introduces “Linea Voyage: The Surge,” a program designed to supercharge the Linea ecosystem by bringing liquidity to the network[1]. The program aims to increase the total value locked (TVL) on the network, attract more decentralized finance (DeFi) enthusiasts, and provide a better user experience.
FAQ
What is Linea Referral code: Line Referral code is 4HxEe9kgtO
