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MetaMask Announces $30M Rewards Program Tied to Future Token
MetaMask is launching a new onchain rewards program, allocating over $30 million in Linea tokens for its first season. The initiative aims to regularly reward users rather than encourage farming activities.
- The program includes referral bonuses, mUSD incentives, exclusive partner rewards, and token access.
- Long-term users will receive special benefits, linked to the anticipated MetaMask token.
- Linea, an Ethereum layer-2 network by Consensys, was launched with a 9.4 billion token airdrop. The $30 million allocation connects Linea and MetaMask to boost activity on the rollup.
- MetaMask's mUSD stablecoin has a circulating supply of approximately $88 million, with rewards partly tied to it.
Details regarding jurisdiction exclusions or anti-Sybil measures are yet to be clarified, which is crucial given the potential for gaming the system.