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https://warpcast.com/~/channel/layer3
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L3 Tokenomics Summary πŸ‘‡ L3 tokenomics are based on 3 principles: 🌐 Total supply: 3,333,333,333 L3 tokens πŸ”₯ 2 burn mechanisms 🎁 1 unified staking mechanism with three layers of rewards (Layered Staking)
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The Layer3 Foundation reserves the right to buy back L3 tokens from the public market using protocol revenue, maximizing community benefits. Stay active and engaged! πŸ”„ If I've helped save you time, please like and leave a commentπŸ‘
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Airdrop Details: πŸŽ‰ 250M L3 tokens for early users, S1 & S2 participants πŸ“… Snapshot dates: S1 on May 10, 2024, S2 on July 22, 2024 πŸ”„ Ongoing airdrops reward active users and partners. Future Distributions: 43.5% of L3 will be distributed via Layered Staking and future token distributions. Active participation maximizes network ownership. 🌐
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Distribution Overview: 🌍 Total Supply: 3,333,333,333 L3 🀝 Community: 51% (1.69B L3) over 4 years πŸ‘₯ Core Contributors: 25.3% (843M L3) with a 4-year lockup πŸ’Ό Investors: 23.2% (773M L3) with a 4-year lockup πŸŽ“ Advisors: 0.5% (16M L3) with a 4-year lockup
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Burn Mechanisms: Communities must buy and burn L3 tokens to access the Layer3 protocol, post quests, and deploy incentives. CUBE credentials verify user participation and achievements. πŸ”₯
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Layer 3: Earn More with L3 πŸ”’ Activity-Based Airdrop Multipliers: Multiply L3 airdrops based on activity. πŸ“Š Example: Complete 10 quests for 1.5x multiplier, 20 quests for 2x. 🎁 Ongoing Incentives: Distribute L3 tokens through active participation.
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Layer 1: Passive Staking Rewards & Governance πŸ’Έ Passive Earnings: Stake L3 tokens to earn more L3. πŸ—³οΈ Governance Participation: Take part in governance decisions. Β· Layer 2: Earn Tokens & Boost Protocol Utility πŸ† Stake L3 tokens for Exclusive Quests. πŸŽ–οΈ Tiered Rewards: Unlock based on staked amount.πŸš€ Launchpad Access: Early project and airdrop access. 🏁 Special Incentives: Participate in extra programs.
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Layered Staking: By staking L3 tokens, users earn passive yield (L3). Additionally, active participation earns other governance tokens (e.g., OP, ARB, DEGEN) and increased utility. This model fosters long-term engagement and growth. πŸ“ˆ
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