6 October 2025
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MetaMask to Distribute $30 Million Tokens in Season 1
MetaMask Incentive Reward and Token Distribution
- Consensys’ CEO Joseph Lubin clarified ongoing discussions about a MetaMask incentive reward, stating they are early prototypes.
- MetaMask plans to distribute over $30 million worth of tokens in Season 1 as rewards for users' on-chain activities.
- Tokens include $LINEA, rewarding users who have engaged with MetaMask since its inception.
- This initiative aims at building a token economy and enhancing user experience through incentives and referrals.
Developments and Partnerships
- The launch of the MetaMask token, MASK, is anticipated, potentially arriving sooner than expected.
- The Ethereum-based Layer-2 network has introduced MetaMask USD (mUSD), available on the Ethereum mainnet and Linea network.
- ConsenSys partnered with Swift and 30 major financial institutions, including JPMorgan Chase and HSBC, to develop a blockchain-based ledger for cross-border transactions.