Layer3 will open the airdrop application and support token staking on July 30.
Foresight News reports that the token distribution protocol Layer3 will open the airdrop claim on July 30th, and users can choose to stake L3 to receive rewards, with a 7-day withdrawal period after unstaking. Additionally, the locked tokens of the team, investors, and advisors will start to be unlocked 12 months later, and they cannot participate in staking. The official stated that the staking amount, lock-up period, and activity may affect the future token distribution.
Foresight News previously reported that the Layer3 Foundation has announced the token L3 economic model, with a total supply of 3,333,333,333 L3: 51% (1.69 billion L3) reserved for the community; 25.3% (843 million L3) allocated to core contributors; 23.2% (773 million L3) allocated to advisors; and 0.5% (16 million L3) allocated to advisors.
