Linea: Status Network will first offer LINEA token yield farming

BlockBeats News, on August 24th, Linea's official blog post stated that Status Network, combining native ETH rewards, stablecoin rewards, and native application fee commissions, will be the first to offer LINEA token staking. Users can deposit LINEA and SNT tokens to earn increased LINEA token rewards.

BlockBeats previously reported that on August 20, 2024, Status was collaborating with Linea, supported by Consensys, to launch a Layer 2 rollup solution. The two parties are jointly developing a Layer 2 network that will run in parallel with Linea's zkEVM chain, called Status Network. Status contributors will interact with Linea's open-source code, actively engage in managing its codebase to maintain a parallel version.