Odaily Planet Daily News Distribution and identity protocol Layer3 Foundation announced on the X platform that it will launch the token L3 in early summer this year, with a total of 300 million tokens, and the community allocation accounts for 51% of the total supply. Detailed token economics will be released in June. It is reported that the Genesis Airdrop of Layer3 tokens will account for 5% of the total supply and 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.