Layer3 Foundation announced that it will launch the token L3 this summer, and the Genesis airdrop will account for 5% of the total

Layer3 Foundation, a distribution and identity protocol, announced that it will launch a token called L3 in early summer this year, with a total supply of 300 million tokens. Community distribution will account for 51% of the total supply. Detailed token economics will be released in June. The Genesis Airdrop will account for 5% of the total supply and will be distributed to early users and participants in the first season. The Genesis Airdrop snapshot was taken on May 10th, 2024 at 2:00 PM UTC.