|
Getting your Trinity Audio player ready...
|
- MetaMask launches $30M token rewards for long-term users.
- LINEA tokens drive allocations based on on-chain activity.
- Program signals Web3 wallets evolving into tokenized ecosystems.
Stay ahead with real-time updates and insights—Join our Telegram channel!
MetaMask, the popular self-custodial Ethereum wallet, is set to launch the first season of its long-awaited rewards program, distributing $30 million in ecosystem tokens to active users. The initiative marks a major push by Consensys to deepen engagement and incentivize sustained on-chain activity.
LINEA Tokens at the Core
Ethereum co-founder Joseph Lubin confirmed that LINEA tokens will be central to the program, with rewards allocated according to users’ wallet history and activity. Lubin clarified that early leaks of the program were “prototypes — not live,” but emphasized that the actual rewards system will deliver meaningful benefits, especially to long-term users.
The focus on seasoned users reflects a strategy to strengthen MetaMask’s role as a hub in Consensys’ growing token-powered ecosystem. Those with extensive on-chain activity are expected to receive the largest share of the $30 million rewards pool. Lubin also hinted at additional incentives tied to a future MetaMask token generation event (TGE), signaling long-term engagement opportunities.
Expanding Consensys’ Token Ecosystem
The launch of the rewards program is part of a broader Consensys strategy to integrate token economies across its products. It begins with LINEA, Consensys’ zkEVM Layer 2 network, which has already seen adoption by major players, including SWIFT.
Future expansions may include DIN (Decentralized Infrastructure Network), Infura’s decentralized architecture project, with potential token incentives. Lubin suggested that these initiatives, along with other upcoming projects, will help build “token-powered economies that create positive-sum relationships between users and builders.”
Also Read: MetaMask Rewards Program Launch: Earn Points and Get Ready for MASK Tokens
A Turning Point for Web3 Wallets
MetaMask’s move highlights a broader trend: Web3 wallets are evolving from mere storage tools into active gateways for DeFi, staking, and tokenized economies. With over 30 million monthly users, the rewards program could position MetaMask at the center of Ethereum’s next growth phase.
The $30 million initiative is more than a bonus—it represents a shift toward user empowerment, where wallet holders become both participants and beneficiaries in the ecosystem’s expansion.
Stay ahead with real-time updates and insights—Join our Telegram channel!
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
