TechFlow reports that Layer3 has announced the L3 token claim will begin on July 30. Users can choose to claim directly or claim and stake for additional rewards.
Staking L3 tokens offers real-time rewards, access to specific features, and an improved alignment score for future distributions. The staking APY varies based on total staked supply, with longer lock-up periods yielding higher returns. Users may hold multiple stakes and can unstake at any time, though withdrawals are subject to a 7-day waiting period.
Tokens allocated to team members, VCs, and advisors will only start unlocking after 12 months and are not eligible for staking.
Layer3 emphasizes that staking amount, lock-up duration, and user activity may influence future token allocations.
Previous report: The distribution and identity protocol Layer3 has a total supply of 300 million tokens, with 51% allocated to the community. Bitget will open spot trading pairs at 18:00 (UTC+8) on July 30.
