Ethereum Co-Founder and Consensys CEO, Joseph Lubin stepped in to explain the recent MetaMask rewards program. The rewards program that MetaMask announced last week has been a topic of discussion in the crypto space.
In a post on X, Lubin clarified that this project is not a speculative token airdrop, but a way to reward real on-chain engagement through the Linea Layer 2 network. He confirmed early prototypes but also said that a real initiative would give away more than $30 million in LINEA tokens for Season 1, based on on-chain activity and user referrals.
He said this is just the first step in a much bigger change that will make MetaMask’s community connections, powers, and rewards even stronger. He also stressed the importance of creating token economies across products like Linea and the upcoming DIN.
Lubin’s message arrives just days after MetaMask revealed its ambitious plan to distribute $30 million in LINEA token incentives during the first season of the program.
Lubin also hinted that “If you haven’t transacted with MetaMask in a while, now’s the time to update your MetaMask, and give it another try,” indicating active users will also get a chance to receive tokens in the airdrop.
MetaMask’s $30M rewards program
On October 4, MetaMask, a self-custody cryptocurrency wallet, announced that its MetaMask Rewards program will start soon on X. During its first season, it will give out more than $30 million in LINEA tokens as rewards.
The company says that this is a “real way to give back to the community” regularly, not just traditional yield farming. Through MetaMask’s Portfolio interface, users can claim rewards that they are eligible for.
MetaMask has said that there will be rewards for referrals, using mUSD, exclusive partner incentives, and recognition for long-time users, but the full eligibility criteria are not yet available. Some people in the community thought that this rewards plan might be connected to a future MetaMask native token.
Also Read: Bitcoin Breaks $125,000, Marks a New All-Time High
