Layer3 announces token economic model: 51% reserved for the community, initial airdrop accounts for 7.5%

ChainCatcher message, the token distribution protocol Layer3 Foundation announced the token L3 economic model, with a total supply of 3,333,333,333 tokens: 51% (1.689 billion L3) reserved for the community; 25.3% (843 million L3) allocated to core contributors; 23.2% (773 million L3) allocated to advisors; 0.5% (16 million L3) allocated to consultants.

Among them, the initial airdrop at TGE is 7.5% of the total supply, with 200 million L3 (6%) allocated to early users and S1 participants, and 50 million (1.5%) allocated to S2 participants. The allocation for early users and S1 participants is 4 times that of S2 participants, with the snapshot for early users and S1 taken on May 10, 2024, and the S2 snapshot to be taken on July 22.