Status unveils first gasless L2 on Linea with 100% community yield allocation mechanism

Zug, Switzerland, July 9th, 2025, Chainwire The new Status L2 rewrites rollup economics by replacing sequencer fees with native yield and native app revenues, unlocking friction-free onboarding for...

By · · 1 min read
Status unveils first gasless L2 on Linea with 100% community yield allocation mechanism

Source: Crypto Briefing

Zug, Switzerland, July 9th, 2025, Chainwire The new Status L2 rewrites rollup economics by replacing sequencer fees with native yield and native app revenues, unlocking friction-free onboarding for games, social apps and DeFi. Status (SNT), a pioneer in decentralised communication since 2017, has launched the world’s first natively gasless Layer 2 on testnet, built on Consensys’ Linea stack, the leading high-performance zkEVM rollup.