1
0
MetaMask confirmed over the weekend in a post on X that it will roll out a new onchain rewards program in the coming weeks, setting aside more than $30 million in Linea tokens for its first season.
The wallet app described the initiative as āone of the largest onchain rewards programs ever built,ā while stressing it is ānot a farming playā but a way to āregularly give backā to users.
Rewards will include referral bonuses, mUSD incentives, exclusive partner rewards, token access and other perks, MetaMask said.
Long-time users will receive special benefits, with the program explicitly connected to the long-anticipated MetaMask token.
āOGs will not be ignored,ā the team wrote, hinting at allocations for early adopters.
Linea is Consensysā in-house Ethereum layer-2 network, launched in September with a 9.4 billion token airdrop. Allocating $30 million in Linea for MetaMask Rewards ties two flagship projects together, effectively using MetaMaskās reach to bootstrap activity on the new rollup.
MetaMaskās mUSD stablecoin, issued by Stripe-owned Bridge, also launched last month and now has a circulating supply near $88 million.
With rewards tied partly to mUSD, the program is designed to create incentives across wallet, stablecoin and layer-2 infrastructure.
MetaMask has not clarified whether certain jurisdictions will be excluded or if anti-Sybil rules will be enforced, an important detail given the track record of rewards programs being gamed by farmers.
1
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youāre using to start.
0
0
