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Status Unveils First Gasless L2 on Linea With 100% Community Yield Allocation Mechanism

  • Status has unveiled the world's first gasless Layer 2 solution on testnet, built on Consensys' Linea stack, with a unique revenue model eliminating transaction fees.
  • The new Status L2 operates on a yield-based revenue system, converting bridged assets into yield-bearing equivalents and earning revenue from native application activity.
  • The platform aims to attract users with gasless transactions, generate organic yield, and support various applications, including games, social apps, and DeFi protocols.
  • Status Network's L2 rollout includes public testnets and further collaboration with Linea to enhance sustainability and usability, with a mainnet launch targeted for Q1 2026.

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