Lido Staked Ether price

Status L2 – The Gasless Blockchain imagine this : you're making a $5 DeFi transaction and end up paying $20 in gas fees or a simple bridge transaction costs you $30 that's been the biggest roadblock for crypto adoption since day one enter @StatusL2 - a Layer 2 where users pay zero gas fees What is StatusL2 ? An Ethereum Layer 2 built on the Linea zkEVM rollup its core mission : • build a blockchain where the concept of gas fees doesn't exist • users pay nothing for transactions How Does the Gasless Model Work ? ▫️Traditional blockchains : • every transaction requires ETH or token gas fees • this creates friction new users quickly lose interest ▫️Status Network's model : • when you bridge ETH or stablecoins they're converted into yield-bearing tokens ( like stETH sDAI ) • the yield from these tokens funds the network • that yield covers all transaction costs users = free Network = self sustaining Economics of Status The network earns revenue from : • yield on bridged assets • SNT staking rewards • premium services for power users • usage fees from developers and the best part : 100% of profits go back to the community no corporate or VC cut Governance : The Karma System In a normal DAO the bigger your wallet the bigger your vote but Status is different it uses a Karma token system you earn Karma by : • contributing code • staking SNT • actively using apps • helping grow the community governance here is participation-based not wealth-based Technical Infrastructure • built on Linea zkEVM rollup : fast + secure • inherits Ethereum L1 security : as safe as Ethereum • designed for high throughput : perfect for gaming social apps and DeFi Use Cases social Apps : imagine a twitter like app where likes posts and comments are all free transactions gaming : blockchain games with fee free micro transactions DeFi : trade swap invest no gas fee anxiety everyday apps : normal people can use Web3 without technical barriers Roadmap • testnet v1 : already live ( July 2025 ) • testnet v2 : coming Oct 2025 spam protection + better yield system • mainnet : targeted for Q1 2026 TL DR : Status L2 is a blockchain where : • users : enjoy a gas-free experience • network : sustains itself through yield & app activity • governance : is fair (via Karma system) • profits : return fully to the community this model could be a real game changer for crypto adoption where ppl today quit DeFi or social apps because of high fees Status makes adoption easy and mass friendly cc :- @0xcyp @0xnadeem FFS