The L3 token – all you need to know

L3 is the native utility token to the L3 ecosystem & the backbone of the future of digital attention. Staking powers L3 utility.

Utility

1. L3 is used to access the Layer 3 ecosystem
2. Burning L3 may be required for communities to access L3
3. L3 stakers automatically earn L3 and increased utility

Staking = utility.

By staking your L3 tokens, you instantly begin earning L3. Optionally, you can choose to lock your tokens for a significantly higher APY.

You also unlock 2 extra layers of rewards: feature access & activity-weighted L3 rewards.

Layer 3 ($L3) governance and utility token launches on July 30th.
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