Status Launches Gasless Layer 2 on Linea Testnet With Community Yield Model

Standing (SNT), identified for its decentralized communication platform since 2017, has launched the primary Native Gasless Layer 2 community on TestNet. Constructed on the Linea ZKEVM rollup of Consensys, removes the brand new standing community transaction prices and introduces a community-oriented return allocation system.

As an alternative of recharging gasoline prices, the standing converts bridged ETH and Stablecoins into proceeds of property similar to Steth and Sdai. This yield, along with reimbursements of native purposes, fund builders and liquidity suppliers. The mannequin is meant to draw customers and deposits, making a self -sufficient cycle the place a better exercise generates extra yields for the ecosystem. In anticipation of the approval of the board, a part of this proceeds may assist SNT token buying and burns.

The standing community is designed to be used circumstances in gaming, social apps and Defi. Early apps embody a cellular RPG, an Onchain Gacha sport and a metaare on line casino, deliberate with extra Defi instruments.

The V1 check community is now reside and helps fully gasless transactions. A second check community model with spam safety and income theft is deliberate for October 2025. Mainstet launch is predicted in Q1 2026.

Picture: Freepik