Linea Association unveils plan for decentralized governance with LINEA token

At Devcon in Bangkok, the Linea Association announced its formation to oversee the development and governance of Linea’s open-source technology and ecosystem. The Swiss non-profit aims to decentralize the Linea Network—the zkEVM Layer-2 solution designed to scale Ethereum—by launching the LINEA token by the end of Q1 2025, enabling community-driven governance.

The Association’s mission includes supporting the growth of Linea Mainnet to build a fast, affordable, and secure network accessible worldwide. It plans to advance decentralization through new governance mechanisms and implement decentralized sequencing and proving. Empowering developers to create decentralized applications with enhanced user experiences and fostering strong, engaged communities are also key priorities.

Nicolas Liochon, founder of Linea and board member of the Linea Association, said.

“Decentralization is at the core of Linea’s vision. Linea must be owned and governed openly by all as a public good, just as Layer 1 Ethereum is.”

The governance structure will feature a Board of Directors, a General Assembly, an Executive Director, and a token governance body. The LINEA token will allow holders to participate in governance, with details on token design and utility to be shared before the token generation event. More than 1.3 million verified addresses have joined the network, reflecting Linea’s focus on organic community growth.

Since its mainnet launch in August 2023, Linea has processed over 230 million transactions, making it one of the fastest-growing zkEVMs on Ethereum. The ecosystem expanded from 150 partners in Aug. 2023 to over 420 by Nov. 2024. The technology is publicly available under the Apache license, allowing users to view, fork, and modify the code.

The Association operates independently of Consensys, aligning with CEO Joseph Lubin’s vision to progressively decentralize core innovations. Lubin said,

“As Consensys progresses toward decentralization, Linea…