Ethereum-based crypto wallet, MetaMask, is preparing to release its much-hyped native token, MASK, earlier than anticipated. Consensys CEO and Ethereum Co-Founder Joe Lubin confirmed the news in an interview on September 19, hinting that the token will focus on decentralizing key aspects of the MetaMask platform.
“The MASK token is coming. It may come sooner than you would expect right now,” Lubin said, adding that the token is likely to reward early and swap-active MetaMask users. While official tokenomics are still under wraps, the move is in line with MetaMask’s plans to enhance its decentralized ecosystem.
MASK token could launch on Linea network
Lubin suggested that the MASK token might launch on MetaMask’s Linea network, a fully EVM-compatible, zero-knowledge rollup layer-2 blockchain. Last week, he mentioned that Linea will expand reward opportunities across Consensys platforms and select other protocols.
“MetaMask and Linea are cooking somETHing together to make this happen,” Lubin added, signaling that the token could integrate closely with MetaMask’s existing features.
MetaMask Co-Founder Dan Finlay also noted that if the token launches, it would be promoted directly within the wallet. He pointed out that the regulatory climate in the U.S. today under a Trump administration is and safer to issue the token.
MetaMask USD stablecoin supports token adoption
Recently, MetaMask released its own stablecoin, the MetaMask USD (mUSD), on Ethereum and Linea. Powered by Bridge and M0’s decentralized stablecoin infrastructure, mUSD simplifies on-ramping, holding, earning, and spending crypto. With its market cap of $53.31 million and 52% growth of the 24-hour trading volume in favor of the decentralized vision of MetaMask.
The launch of the MASK token will provide MetaMask’s users with additional opportunities to earn, trade and interact with decentralized finance in a seamless manner.
Also Read: MetaMask Adds Google and Apple Login for Crypto Wallets
