ChainCatcher news, according to Scopescan monitoring, an L3 token claim contract related to the token distribution protocol Layer3 has consumed 27.3 ETH (90,000 USD) in the past hour, with gas prices on ETH soaring above 40 gwei. There are now 7,800 addresses holding L3 tokens.

ChainCatcher news, the token distribution protocol Layer3 on platform X indicates that the L3 token is scheduled to start trading on multiple CEX platforms at 18:00 Beijing time on July 30. There is no official DEX pool, with a circulation of 369 million tokens. Investors, advisors, and the team do not hold any tokens, and the token vesting will begin in July 2025.

ChainCatcher news, the token distribution protocol Layer3 Foundation announced in its official Discord community that it will release the initial L3 token allocation checker on July 24, but the tokens will not go live on that date. The Layer3 Foundation stated that they have been working hard to gather feedback from the community and create a token economic model that aligns with the long-term development of Layer3.