🎉Good news! Layer3 Foundation announced that it will release details of L3 token economics next week. 🎊

Recall that in early summer this year, Layer3 Foundation announced on the X platform that it would launch a total of 300 million L3 tokens, of which the community allocation would account for 51% of the total supply. 🚀

In addition, the Genesis Airdrop of Layer3 tokens will account for 5% of the total supply, which will be allocated to early users and first season participants. 🎁The Genesis Airdrop snapshot was taken at 2:00 pm UTC on May 10, 2024.

Even more exciting is that in mid-June, Layer3 announced the completion of a $15 million Series A financing round, led by ParaFi and Greenfield Capital, with participation from Electric Capital, Immutable, Lattice, Tioga, LeadBlock, Amber, etc. 💰

As optimistic about Bitcoin, we are also looking forward to the dynamics of Layer3 this time! Let’s stay tuned for next week’s announcement to see what surprises L3 tokens will bring! 🔥