TechFlow reports that the distribution and identity protocol Layer3 has announced the launch of its token L3 in early summer this year, with a total supply of 300 million tokens, 51% of which will be allocated to the community. Detailed tokenomics will be released in June.
The first airdrop will distribute 5% of the total $L3 supply to early adopters and CUBE minter, with multiple airdrops planned.
Notably, the Genesis Airdrop for Layer3 tokens will account for 5% of the total supply and will be distributed to early users and participants from Season One. The Genesis Airdrop snapshot was taken on May 10, 2024 at 2:00 PM UTC.
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