MetaMask plans to launch a major on-chain rewards program, distributing over $30 million in LINEA (LINEA) tokens during Season 1.MetaMask plans to launch a major on-chain rewards program, distributing over $30 million in LINEA (LINEA) tokens during Season 1.

MetaMask unveils rewards program, $30m in LINEA for users

2025/10/05 21:31

MetaMask plans to launch a major on-chain rewards program within the next few weeks, distributing over $30 million in LINEA (LINEA) tokens during Season 1.

Summary
  • The move signals MetaMask’s push to deepen user engagement ahead of a potential token launch, as major Web3 platforms race to reward loyal users and solidify community ecosystems.
  • By combining on-chain incentives with a forthcoming token narrative, MetaMask is positioning itself at the center of the next wave of decentralized user growth.

One of the largest on-chain rewards programs ever

The Consensys-owned Web3 wallet described the initiative as “one of the largest on-chain rewards programs ever built,” designed to regularly give back to its community.

The program will feature referral bonuses, mUSD stablecoin incentives, partner rewards, and token access. Long-time MetaMask users will receive special perks, tying into the future MetaMask token teased by Consensys CEO Joseph Lubin in September.

MetaMask clarified that earlier leaks about the program’s details did not reflect its actual launch parameters. The platform is tailoring incentives to different user groups, with a focus on veteran supporters.

LINEA tokens will serve as the main reward for Season 1. Linea, an Ethereum Layer 2 network also incubated by Consensys, launched its native token in September through a 9.4 billion token airdrop.

The program also integrates MetaMask’s new mUSD stablecoin, issued by Stripe-owned Bridge, which launched on Ethereum and Linea but does not offer yield-bearing features.

Questions remain about geographic eligibility and anti-Sybil measures to prevent abuse through multiple accounts.

The announcement drew mixed reactions on X. Crypto streamer Gainzy responded sarcastically, writing, “[T]his will go over well and no one will be disgusted and insult you.”

The skepticism highlights broader concerns that token and rewards programs often favor insiders over regular community members.

MetaMask’s insistence that the initiative isn’t a “farming play” appears aimed at easing those fears. The link to a potential MASK token has also fueled speculation about how participation might influence future token allocations.

Piyasa Fırsatı
LINEA Logosu
LINEA Fiyatı(LINEA)
$0.006749
$0.006749$0.006749
-2.03%
USD
LINEA (LINEA) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Paylaş
BitcoinEthereumNews2025/09/18 01:10
Major Ethereum Whale Returns: Buys $119M In ETH Amid Market Drop

Major Ethereum Whale Returns: Buys $119M In ETH Amid Market Drop

Ethereum is struggling to regain momentum after failing to reclaim the $3,200 level, keeping the market in a fragile equilibrium. Despite several recovery attempts
Paylaş
Bitcoinist2025/12/16 04:00
Terra Founder Do Kwon May Face South Korean Trial Despite 15-Year US Prison Sentence

Terra Founder Do Kwon May Face South Korean Trial Despite 15-Year US Prison Sentence

The post Terra Founder Do Kwon May Face South Korean Trial Despite 15-Year US Prison Sentence appeared on BitcoinEthereumNews.com. In brief Do Kwon could face a
Paylaş
BitcoinEthereumNews2025/12/16 03:46