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

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