Airdrop Details

Information Details
Airdrop Type Retroactive
Total Airdrop Amount 5% of total supply (15,000,000 L3)
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot May 10, 2024, 2:00 PM UTC
Claiming Started July, 30, 2024
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

  • Eligibility is based on user engagement with Layer3 before May 10, 2024.
  • Factors influencing allocations include:
    • Early user status and active participation in Season 1.
    • Number of completed quests and ecosystems participated in.
    • More CUBE credentials minted.
    • Higher bridge and swap volume.
    • Frequent user referrals.

Additional Information

  • 51% of the total supply of $L3 is allocated to the community.
  • Multiple airdrops are planned to maintain long-term user and ecosystem alignment.
  • The Genesis Airdrop constitutes 5% of the total supply.
  • $L3 token utilities include governance participation, staking for rewards, access to tiered experiences, and ecosystem gating through token burning.
  • The Token Generation Event (TGE) is expected in Summer 2024.