Layer 3 Launches L3 Token Airdrop Checking Page on July 24
2024-07-19Bittime - Layer 3 Foundation token distribution protocol announced the launch of the L3 token airdrop checking page on July 24. What's that? Read this article to find out!
L3 Token Airdrop Checking Page
Even though the L3 token airdrop checking page will be released, you need to know that the L3 token will not be launched on that date. This L3 token airdrop checking page aims to solicit input from the community and build token tokenomics that are consistent with Layer 3's long-term development.
Tokenomics of L3 Token
Previously, the Layer 3 Foundation had introduced L3 token tokenomics. The total L3 supply stands at 3,333,333,333 tokens, with 51% (approximately 1.69 billion L3) allocated to the community, and 25.3% (approximately 843 million L3) allocated to core contributors.
The initial airdrop on TGE accounted for 7.5% of the total supply, namely approximately 200 million L3 (6%) allocated to early adopters and S1 participants, and 50 million L3 (1.5%) allocated to S2 participants.
Early User Snapshot
Snapshots for early adopters and S1 participants were taken on May 10, 2024, while snapshots for S2 participants will be taken on July 22. Users only need to enter the primary address to check token allocation, without the need to perform transactions or signature operations.
Layer 3 Foundation also reminds users to be aware of phishing attacks and verify information through multiple channels, with security top of mind.
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