The Layer3 Foundation announced the launch of L3, a new governance and utility token, scheduled for early summer.
This initiative is a major milestone for blockchain and is very important for community expansion.
Strengthening Web3 with L3
L3 is the cornerstone of the Layer3 ecosystem, supporting more than 96 million interactions across 545 ecosystems around the world. basic plan Of the total 300 million tokens, 51% will be distributed to the community, highlighting our commitment to decentralized governance and user empowerment.
The first major event, Genesis Airdrop, distributes 5% of tokens. The move aims to reward early supporters and increase engagement and loyalty.
“The initial airdrop will distribute 5% of the total L3 supply to early adopters and CUBE miners. There will be multiple airdrops and more details to come,” the Layer3 team said.
L3 token holders can access a variety of incentive programs, participate in advanced on-chain experiences, and influence the governance of the protocol. Nonetheless, detailed token economics will be released in June, providing potential investors and community members with valuable insight into L3’s economic structure and future opportunities.
Read more: Best airdrops of 2024
Soon, users will be able to check their eligibility for community tokens through the Layer3 Foundation’s website. The foundation’s Twitter accounts @layer3xyz and @Layer3FDN also provide updates to the community.
Layer3 aims to build a knowledgeable community that can address challenges and opportunities by focusing on interactive quests and hands-on educational experiences.
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