Linea has partnered with Brevis to launch the Linea Ignition long-term incentive program.
BlockBeats News, September 3rd, Linea announced a strategic partnership with Brevis, officially launching the long-term incentive program "Ignition" within its ecosystem. It is reported that Linea will distribute a total of 1 billion LINEA tokens across the Etherex, Aave, and Euler protocols using Brevis's zero-knowledge proof virtual machine Pico and coprocessor products, aiming to create the world's first fully trustless on-chain liquidity incentive mechanism.
The innovation of this solution lies in the fact that the complex reward calculations are generated by Brevis off-chain into a ZK proof, allowing for low-cost verification on-chain to complete the distribution. This ensures that the incentive calculations for protocols such as Etherex, Aave, and Euler are mathematically verifiable and fully transparent, setting a new standard for the DeFi ecosystem's incentive mechanisms.
You may also like
Gainers
Latest Crypto News
HSBC: Now is a good time to increase exposure to risk assets, as market sentiment and positioning have been significantly hit
Federal Reserve Governor Waller: Advocates for Rate Cut at December Meeting, Expects Inflation to Start Falling
Nasdaq-listed company Enlivex Therapeutics plans to raise $212 million to establish the RAIN Token Treasury.
The former "Top BTC Long on Hyperliquid" bought the dip on BTC and ETH but suffered heavy losses. They recently withdrew and exited the market.
Circle: Products such as USDC, CCTP, and Circle Wallets have been launched on the Monad network
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com