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

The token distribution protocol Layer3 Foundation announced the token L3 economic model, with a total supply of 3,333,333,333 tokens: 51% (1.69 billion L3) reserved for the community; 25.3% (843 million L3) allocated to core contributors; 23.2% (773 million L3) allocated to advisors; and 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 L3 (1.5%) allocated to S2 participants. The distribution for early users and S1 participants is four times that of S2 participants. The early user and S1 snapshot was taken on May 10, 2024, and the S2 snapshot will be taken on July 22nd.