layer3

The Layer3 Foundation has announced the eligibility checker for the initial distribution of the L3 protocol token.

The L3 distribution is allocated to community members based on:

▫️All historical + current activity
▫️CUBE credentials
▫️Level & quests completed
▫️Consistent participation, achievements & daily gm’s
▫️Bridge & swap volume

To qualify for the early user & S1 distribution, you needed at least 50 CUBE credentials by May 10, 2024.

To qualify for the S2 distribution, you needed to mint the soulbound Trident NFT by July 22nd, 2024.

The Layer3 Foundation has announced the eligibility checker for the initial distribution of the L3 protocol token.

The L3 distribution is allocated to community members based on:

▫️All historical + current activity
▫️CUBE credentials
▫️Level & quests completed
▫️Consistent participation, achievements & daily gm’s
▫️Bridge & swap volume

To qualify for the early user & S1 distribution, you needed at least 50 CUBE credentials by May 10, 2024.

To qualify for the S2 distribution, you needed to mint the soulbound Trident NFT by July 22nd, 2024.

https://layer3foundation.org/blog/allocation-checker-is-live

Blockchain Developer 🧑🏻‍💻

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~ /chelseafc /privacy /india

Unfortunately their allocation mechanism has been a disgrace! They are branding as the attention layer rather than a exchange and have weighted bridging and swapping quite heavily for the allocation. The community is not happy about it. Only positive thing is that price almost doubled since yesterday.

I love crypto. I like interacting with chains and finding and funding interesting projects that I believe will have an impact to the world.

Just hanging around. Exploring the Warpcast world.

How do you explain that 120 cubes, lvl 27 vs 531 cubes,lvl 42 got pretty much the same allocation? Those are the most 2 valuable metrics to measure activity. Not very fair, heyy? That was my case but have seen a lot of people crosschecking values, which do not make any sense. This was a randrop, and it is fine, no one owes nothing. However, L3 should've been honest about it.

They rewared the most active users. 
Yes, there might be some false reports (wrong no eligibility detection) for some users, but the distribution was fair: most active users get the most.