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MetaMask has announced a $30 million rewards program distributing LINEA tokens to users who trade on the Linea network, marking one of the largest incentive campaigns in the cryptocurrency wallet sector.
The program, dubbed Season 1, will allocate tokens based on trading volume, with users earning 80 points per $100 in spot trading and 10 points per futures trade, according to an announcement Monday on MetaMask’s official channels. The initiative launches within the next two weeks, though an exact start date has not been disclosed.
‘This season marks the beginning of a new era of rewarding our users—no gimmicks, just real recognition for active participation,’ MetaMask wrote in a post on X (formerly Twitter).
ConsenSys founder Joseph Lubin, whose company develops MetaMask, suggested the rewards program could precede a potential MetaMask token launch, stating that ‘Season 1 is just the beginning’ and hinting at ‘a potential MetaMask token event in the future.’
The announcement makes it clear that the partnership between MetaMask and Linea is not limited to token distribution, but rather an attempt to create a comprehensive and active ecosystem. Under the MetaMask rewards program, participants will be able to earn LINEA tokens through trading, referrals, and activity on the network.
MetaMask has called the campaign “the largest on-chain rewards program ever” and clarified that it is not a system like “point farming.”
According to MetaMask’s official announcement on X, “This season marks the beginning of a new era of rewarding our users, no gimmicks, just real recognition for active participation.”
The MetaMask Rewards Program is introducing several new earning opportunities for users. Users will be able to earn points based on their trading volume and past activity, as well as spot and futures trading.
In addition to direct rewards, participants will also benefit from referral bonuses, mUSD incentives, and exclusive partner rewards. All of these initiatives are designed to drive greater engagement in the ecosystem and reward consistent user usage.
One of the most notable features of the MetaMask rewards program is its focus on long-term users. Wallets with a solid track record of Ethereum gas usage will be eligible for additional rewards. According to the MetaMask team, this strategy ensures that loyalty and real participation are valued over temporary hype.
The program is also expected to compensate users who have paid high swap fees in the past, in order to reward those who have consistently supported the MetaMask ecosystem. This move is not only fair, but also an attempt to further strengthen the relationship with long-time users of the platform.
Consensys founder and Ethereum co-founder Joseph Lubin confirmed in a recent statement that the MetaMask rewards program could potentially be a precursor to an eventual token launch.
According to Lubin, “Season 1 is just the beginning. The roadmap includes deeper integration with Linea and a potential MetaMask token event in the future.”
His statement has sparked speculation in the crypto community that participants in the current MetaMask rewards program could gain priority status for any upcoming airdrops or token generation events (TGE).
MetaMask has not specified whether KYC verification will be required for rewards distribution. The company’s terms of service note that ‘eligibility requirements may be updated to comply with applicable regulations,’ leaving open the possibility of future KYC requirements.
Some users have expressed concerns about potential transaction fees, while others see the move as a positive opportunity to strengthen the Linea network, especially since the program promotes user participation without additional financial burden.
The launch of the MetaMask rewards program comes at a time when the Linea network is seeing a significant decline in daily active users. There are currently an average of around 26,000 active wallets on the network per day, down significantly from the peak of 350,000 recorded in September.
By integrating with the Linea network, MetaMask aims to reactivate the platform’s usage and increase the ecosystem’s total locked value (TVL), which currently consists of over $2.3 billion in tokens and stablecoins.
Following the announcement of the MetaMask rewards program, LINEA tokens have seen a significant increase in trading volume, and their price has stabilized around $0.027. Experts say that this move could have a positive impact on the token’s value, as it is expected to reduce the circulating supply and increase network activity.
According to crypto strategist Liam Patel,
“MetaMask’s rewards programs not only promote user engagement, but also play a key role in establishing a strong and sustainable token economy in the long term.”
The MetaMask rewards program has generated a lot of excitement on social media platforms. Users have praised the move as the company has decided to reward real usage and user loyalty rather than speculative trading.
Many early adopters are seeing the program as a long-term reward for their long-term commitment. Some analysts believe that if users remain consistently active in the program, they could also be eligible for potential rewards or token distributions related to MetaMask in the future.
In short, the MetaMask Rewards Program is a bold step forward in the world of decentralized finance (DeFi). By combining transparency, fair rewards, and a robust ecosystem, MetaMask has further solidified its position as a leading self-custody wallet in the Web3 space.
With $30 million in LINEA tokens, this initiative is not just a rewards scheme, but a strategic step towards a sustainable, community-driven future for MetaMask and the Linea network.
