Layer3: Airdrop claims will open on July 30 and support token staking
ChainCatcher news, the token distribution protocol Layer3 announced that it will open airdrop claims on July 30. Users can choose to stake L3 to earn rewards, with a 7-day withdrawal period for unstaking. The locked tokens for the team, venture capitalists, and advisors will begin to unlock after 12 months and cannot participate in staking. Layer3 stated that the amount staked, the lock-up period, and activity levels may affect future token distribution. Currently, the L3 token has not been launched.Previous news, the Layer3 Foundation announced the token L3 economic model, with a total supply of 3,333,333,333 tokens: 51% reserved for the community; 25.3% allocated to core contributors; 23.2% allocated to investors, and 0.5% allocated to advisors. The initial airdrop at TGE will be 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 snapshot for early users and S1 was taken on May 10, 2024, and the S2 snapshot was taken on July 22.