Layer3 Announces Token Economy Model: 51% Reserved for Community, 7.5% Initial Airdrop

On July 5, the Layer3 Foundation, a token distribution protocol, announced the L3 economic model of tokens, and 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. Early users and S1 snapshots were taken on May 10, 2024, and S2 snapshots will be taken on July 22.