another good post on our strategy 👇 > Most L2s extract fees. Status removes them. > Most L2s fund insiders. Status funds developers and liquidity providers. > Most L2s chase speculation. Status chases sustainability.
Hey guys, so remember I said I was going to dive more into one of the LineaBuild's Consortium @StatusL2 Here we go. We all know gas fees are kind of the biggest issue to onboarding users to Ethereum right? Like anyone you mention Ethereum to, their quick response is, Why Ethereum? Gas fees are always too high. Status Network is saying hollup, we gat you on that. Status is building the first fully gasless Ethereum L2 on Linea. Below is why it matters On Status, users don’t pay gas. So you send ETH. Trade DeFi. Deploy contracts. Even play games. All without topping up wallets or using paymasters. How is that possible you ask? Well status funds the network using: • Yield from bridged assets (stETH, sDAI) • Native app and DEX fees • That yield covers operations and pays for gas. And instead of siphoning profits, Status gives it all back to you and I. 100% of net yield is returned to the community. The community then votes on how it is used • Public goods • Developer grants • Liquidity incentives Governance runs on Karma a non transferable token you earn by actually contributing • Bridge assets. • Stake. • Use apps. • Help grow the network. Karma equals reputation, not speculation. Spam protection is built in. Rate Limiting Nullifiers (RLN) prevent Sybil and DoS attacks. Coupled with Linea’s zkEVM, Status can scale without compromising security. Just so you know testnet v1 is live now (fully gasless). Why this is Status different? > Most L2s extract fees. Status removes them. > Most L2s fund insiders. Status funds developers. > Most L2s chase speculation. Status chases sustainability. Status Network is not just another L2. It is a perfect blueprint for Ethereum aligned infrastructure Gasless UX. Community driven funding. Sustainable economics. Gasless is coming. Sustainability is coming. Community first is coming. And it is coming through Status Network. Status Lead @0xcyp and the rest of the team at status say they believe the next chapter of Ethereum runs on native yield, zero friction, and funding for what matters and do we agree or what? Linea is Ethereum.
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