Layer3 Foundation: Introducing $L3
Distribution Details
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When: Summer 2024
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Total Supply: 300,000,000
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Initial Airdrop: 5% of total supply
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Total Community Allocation: 51% of total supply
Proposed Token Utility
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Access: Holders may stake or redeem to access incentives and multipliers (ex. rewards), tiered experiences, and launchpad projects, where eligible
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Ecosystem Gating: Burn L3 to create advanced onchain experiences for the community using Layer3
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Governance: Govern certain aspects of the Layer3 protocol and decentralized application
Additional Airdrop Information
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51% of the supply of $L3 is designated to the community.
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There will be multiple airdrops to foster long term alignment between users and ecosystems within Layer3.
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Genesis Airdrop (5% of total supply): Early users and Season 1 participants (through May 10th, 2024).
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The Genesis airdrop snapshot has been taken for early users and season 1 participants as of May 10th, 2024 2:00PM UTC.
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Higher level, early user status, gm streak and achievements
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More quests completed ecosystems participated in
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More CUBE credentials minted
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Higher bridge and swap volume
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More active user referrals
Supplementary Terms Disclaimer
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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