📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
The Ethereum layer-2 network Linea, established by Consensys, has announced critical innovations that will significantly contribute to the Ethereum ecosystem. These innovations include offering yields through staking on Ethereum (ETH) assets, ETH burning at the protocol level, and a deflationary token mechanism focused on Ethereum.
According to the details shared by Linea, starting in October, users will be able to directly earn staking revenue from ETH assets bridged to Linea. The rewards obtained will be reinvested directly into the Linea ecosystem. Additionally, 20% of the transaction fees generated on the network will be used directly for ETH burn. This will contribute to the reduction of Ethereum supply, thereby supporting the fundamental value of Ethereum. The remaining 80% of the transaction fees will be allocated for the burning of LINEA tokens, ensuring that the supply of Linea tokens becomes deflationary.