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Status Network

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Focus: Eligibility, snapshot date, token reward analysis.

Overview

What is Status Network?

Status Network is a gasless Ethereum Layer 2 blockchain built as part of the Linea consortium and powered by the existing $SNT token. The platform enables zero-gas transactions at scale while providing composable privacy features for users and applications.

Core functionality centers on native yield generation from bridged assets and application fees, which funds network development and liquidity incentives.

The network targets sustainable growth through a reputation-based governance system using KARMA tokens. Users bridge yield-bearing assets like ETH and stablecoins to earn native yield while contributing to a public funding pool that supports builders and liquidity providers.

Status Network mainnet is scheduled to launch by the end of Q1 2026, with pre-deposit vaults currently active for early participants.

Participation Guide

  1. 1

    Step 1: ٰVisit the Status Network Hub

  2. 2

    Step 2: Get Assets Ready

  3. 3

    Step 3: Bridge Your Funds

  4. 4

    Step 4: Select Assets to Deposit

  5. 5

    Step 5: Enter Amount

  6. 6

    Step 6: Approve Spending

  7. 7

    Step 7: Confirm Deposit Transaction

  8. 8

    Step 8: Monitor Your Points

  9. 9

    Step 9: Stake SNT Tokens (Optional)

  10. 10

    Step 10: Provide Liquidity (Optional)

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