On July 5, the token distribution protocol Layer3 Foundation announced the token L3 economic model. 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 to early users and S1 participants is 4 times that of S2 participants. The snapshot of early users and S1 was taken on May 10, 2024, and the S2 snapshot will be taken on July 22.