The Good Tech Companies - Status Unveils First Gasless L2 On Linea With 100% Community Yield Allocation Mechanism

Episode Date: July 9, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/status-unveils-first-gasless-l2-on-linea-with-100percent-community-yield-allocation-mechanism. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #status-network, #meet-chainwire, #press-release, #status-network-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Status Network has launched the world’s first natively gasless Layer 2 on testnet, built on Consensys’ Linea stack, the leading high-performance zkEVM rollup. This marks a major milestone for Ethereum scalability and sustainability as Status Network introduces a radically different revenue model.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Status unveils first gasless L2 on-linea with 100% community-yield allocation mechanism, by Chainwire. ZUG, Switzerland, July 9, 2025, Chainwire. Asterisk The new Status L2 rewrites roll-up economics by replacing sequencer fees with native yield and native apprevenues, unlocking friction-free onboarding for games, social apps and DeFi. Status, S&T, a pioneer in decentralized communication since 2017, has launched the world's first natively gasless Layer 2 on Testnet, built on Consensus Linestack, the leading high-performance ZKEVM rollup.

This marks a major milestone for Ethereum scalability and sustainability as Status Network introduces a radically different revenue model, eliminating transaction fees entirely while funding builders and liquidity providers through bridged yield and native app fees. Users can follow Status for updates. https://ex.com, Status L2 as transaction costs across L2s are currently trending towards zero status network breaks from sequencer fee dependence and instead earns revenue from yield bearing bridged assets and native application activity greater than we design status network so developers can ship games seamless social greater than experiences and defy protocols without forcing

users to preload gas or greater than builders to manage paymaster contracts," said Cyprien Grau, lead at Status.Network. By rehypothecating yield-bearing TVL and sharing every cent of net greater than yield with the community, we're aligning incentives for all L2 stakeholders. Greater than builders get funding, LPs get sustainable returns, and users get a true greater than free to play blockchain. Status Network carries forward the founding principles of the original status app, privacy, sovereignty, and open access. It's designed as a seamless, high-performance platform where communities can exchange, build, and govern freely. Users can learn more about status network. https://status.network, a business model built for the next decade yield, not gas. Bridged ETH and stablecoins are converted into yield-bearing equivalents, e.g.

Steath, SDAI. The protocol captures that yield along with fees from native apps rather than relying on sequencer revenues. Sustainable flywheel, gasless UX and organic yield attract more users, deposits, and app usage, generating a higher native L2 yield, attracting yet more users. And, pending governance approval, part of that native yield can be used to fuel SNT by backs and burns, further aligning the status community with the success of the network. The ongoing development of Status L2 follows the vision laid out in the original Status whitepaper and was initiated through a community vote by SNT holders, alongside the SNT staking

initiative. Ethereum alignment through its built-in public funding pool, Status Network will fund open source protocols and public goods building on Ethereum. As Linia's first external collaborator, status is co-developing the bridged yield feature, which will soon be available to all Linia-based L2s, further contributing to the ZKEVM stack's long-term sustainability. Status will also play a crucial role in both the Linia and broader Ethereum ecosystems, further details will be disclosed soon. Greater Than, we're proud to see Status Network launch the first gasless Layer 2 powered by Greater Than the Linea ZKEVM technology stack," said Declan Fox, head of Linea.

"...We aim to greater than build better economics and governance, in alignment with Ethereum's core greater than values. Status supports builders and public goods while providing free greater than transactions at scale, exactly the kind of mission-driven approach we aim to greater than empower. With the Linea stack's high throughput, low latency, and fast greater than finality, we're enabling the performance needed for apps to grow, thrive, and greater than get funded, whilst anchoring into the same root of trust, Ethereum. Built for games, social and defy. With better privacy with fees replaced by native yield, users can interact with apps without needing to bridge tokens or top up gas,

creating a frictionless experience. Games can finally deliver true free-to-play mechanics and support non-financial on-chain actions without maintaining gas-sponsoring infrastructure. and support non-financial on-chain actions without maintaining gas-sponsoring infrastructure. Social apps benefit from streamlined user onboarding and Web2 like UX, and DeFi protocols tap into yield-boosted liquidity from day one. Early builders include mobile phishing RPG Cat's Fishing, free on-chain Gacha Ponzi Hero from SPLA Labs, and Metaverse Casino Hash Vegas. Native DeFi apps will be announced in the coming weeks. As anyone can get started without a wallet balance or history, gasless transactions strongly

enhance account anonymity, enabling better privacy for transfers and applications. Availability and roadmap status networks public Testnet V1 is now live with fully gasless transactions. Testnet V2, featuring RLN-based spam protection and native yield routing, launches in October 2025, alongside a pre-deposit campaign to kickstart the bridged yield. Mainnet launch is targeted for Q1 2026. Developers can start building today at https://statusnetwork. Typeform, com, partner about status network Status Network is the first Ethereum L2 with

gas-free transactions at scale. Funded by native yield and app fees, it redistributes 100% of net revenues to its community, powering sustainable liquidity incentives, a public funding pool, and SNT by BEX. Built on the Linea ZKEV VM stack, it enables frictionless onboarding for games, social apps, and DeFi while remaining fully aligned with Ethereum security and values. Contact Public Relations' Laura Gusek IFT, Status Laura at Status. I'm This Story was published as a press release by Chainwire under Hacker Noon's Business Blogging Program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.

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