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Reading: Status launches gasless layer 2 on Linea TestNet with community yield model
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© 2025 All Rights reserved | Powered by All News Bitcoin
Blockchain

Status launches gasless layer 2 on Linea TestNet with community yield model

July 13, 2025 1 Min Read
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Status launches gasless layer 2 on Linea TestNet with community yield model

Standing (SNT), recognized for its distributed communications platform since 2017, has launched its first native gasless layer 2 community on TestNet. Constructing on Consensys’ Linea Zkevm rollup, the brand new Standing Community removes transaction charges and introduces a community-focused yield allocation system.

As an alternative of charging a fuel payment, standing converts bridged ETH and Stablecoins into belongings with yields corresponding to Steth and SDAI. This yield is accompanied by charges from native functions, funders and liquidity suppliers. This mannequin goals to draw customers and deposits, creating an impartial cycle through which increased exercise produces extra yields for the ecosystem. Pending governance approval might assist a few of this yield, together with SNT token buybacks and burns.

Standing Community is designed to be used circumstances throughout video games, social apps, and defi. Early apps embrace cellular RPGs, on-chain gacha video games, and Metaverse on line casino, with extra defi instruments deliberate.

Testnet V1 is presently dwell and helps fully gas-free transactions. A second testnet model with spam safety and yield routing is scheduled for October 2025. Mainnet is scheduled for launch within the first quarter of 2026.

picture: Freepik

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Reading: Status launches gasless layer 2 on Linea TestNet with community yield model
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