Layer3 announces token economic model: 51% reserved for the community, initial airdrop accounts for 7.5%

CoinVoice has recently learned that the token distribution protocol Layer3 Foundation has announced the economic model of the token L3. The total supply of L3 is 3,333,333,333: 51% (1.69 billion L3) is reserved for the community; 25.3% (843 million L3) is allocated to core contributors; 23.2% (773 million L3) is allocated to consultants; 0.5% (16 million L3) is allocated to consultants.

Among them, the initial airdrop at TGE is 7.5% of the total supply, 200 million L3 (6%) are allocated to early users and S1 participants, and 50 million (1.5%) are allocated to S2 participants. The allocation of early users and S1 participants is 4 times that of S2 participants. The early user and S1 snapshot was taken on May 10, 2024, and the S2 snapshot will be taken on July 22.

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