Status (SNT) Launches World’s First Natively Gasless Layer 2 on Testnet, Built on Consensys’ Linea Stack
The post Status (SNT) Launches World’s First Natively Gasless Layer 2 on Testnet, Built on Consensys’ Linea Stack appeared on BitcoinEthereumNews.com.
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  Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Pioneer decentralised communication platform, Status, has rolled out the testnet of the world’s first natively gasless Layer 2 network. The new L2 replaces sequencer fees with native yield and native app revenues, unlocking friction-free onboarding for games, social apps and DeFi. Built on Consensys’ Linea stack, the high-performance zkEVM rollup marks a major milestone for Ethereum scalability and sustainability. Status Network introduces a radically different revenue model that eliminates transaction fees entirely. At the same time, it funds builders and liquidity providers through bridged yield and native app fees through yield-bearing bridged assets and native application activity. Cyprien Grau, Lead at Status Network, said: Advertisement
  “We designed Status Network so developers can ship games, seamless social experiences, and DeFi protocols without forcing users to preload gas or builders to manage paymaster contracts. By rehypothecating yield-bearing TVL and sharing every cent of net yield with the community, we’re aligning incentives for all L2 stakeholders: builders get funding, LPs get sustainable returns, and users get a true free-to-play blockchain.” The network is built on the principles of the original Status app, which are privacy, sovereignty, and open access, offering a seamless, high-performance platform where communities can exchange, build, and govern freely. Due to its gasless design, which generates revenue through yield rather than gas, the network attracts more users, deposits, and app usage, thereby generating a higher native L2 yield. When approved by the community, a portion of the native yield can be used to fuel SNT buybacks and burns, ensuring maximum benefit…
Filed under: News - @ July 10, 2025 3:25 am