Status Network launched the first natively gasless Layer 2 on testnet, utilizing Consensys' Linea stack. This innovation introduces a new revenue model, eliminating transaction fees and instead generating income through yield-bearing bridged assets. Developers can launch games, social apps, and DeFi protocols without requiring users to pre-load gas. The platform aims to align incentives among builders, liquidity providers, and users, promoting a free-to-play experience while maintaining its principles of privacy, sovereignty, and open access.
"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."
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