Layer3 is the attention layer, decentralizing the engine behind internet giants via incentive and identity protocols. It acts as a universal connector between blockchain ecosystems, revolutionizing how they build community and distribute value with omnichain infrastructure. Users can discover and earn via incentives, quests, pre-token networks via launchpad, and a unified cross-chain identity.

The $L3 token facilitates access to Layer3 via a deflationary model and Layered Staking. It is essential for staking, accessing ecosystem functionalities, earning rewards based on network activity, participating in governance, and obtaining long-term loyalty perks. This model ensures that the token's value aligns with network growth and user engagement.

To access the Layer3 protocol and network, communities must buy and burn L3 tokens to post quests, deploy incentives, and access CUBE credentials.

## What are the tokenomic details for L3?

A total supply of 3,333,333,333 L3 tokens
One unified staking mechanism with three layers of rewards (called Layered Staking)
Two burn mechanisms

Layered Staking: By staking on Layer3, users can earn passive yield (L3) proportional to the amount staked. Additionally, by staking and actively using Layer3, users will earn other governance tokens (e.g., OP, ARB), increased utility, and L3. 

Burn mechanisms: Communities buy & burn L3 tokens to access the Layer3 network to post quests, deploy incentives, and access CUBE credentials. CUBE credentials are unique digital identifiers verifying a user's omnichain achievements, and are used to target specific users with incentives. Users can burn L3 tokens to access perks across the partner ecosystems, including early access, fee discounts, exclusive NFTs, and more. 

Full tokenomics can be found at docs.layer3foundation.org/tokenomics.

## How does the Layer3 network work?

Layer3 solves the problem of fragmented user attention across blockchain networks by offering:
CUBEs (Credentials to Unify Blockchain Events) for omnichain identity
Incentives through an omnichain distribution protocol and an industry leading application for seamless exploration, earning, and trading.

Layer3 supports projects in distributing value efficiently and growing their user base through incentivized participation across more than thirty different blockchains. This infrastructure allows projects to distribute value and grow their user base using Layer3's expansive cross-chain network, identity, and incentive tools.

### Who are the founders of Layer3?
Layer3 was co-founded by Dariya Khojasteh and Brandon Kumar. Dariya, a former iOS developer and marketing agency founder, entered crypto in 2016. Brandon, with a background in cryptographic asset management, helped build and scale a $500M crypto fund at Accolade. Both have long been obsessed with improving user experience and accessibility of crypto to outsiders.

### Where can I buy Layer3 (L3)?

L3 will be available for trading on an increasing number of exchanges, such as OKX, Bybit, Bitget, Kucoin, Kraken, and Gate.io. 

### Additional background on Layer3

Layer3 has secured $21 million from notable investors, including ParaFi and Electric Capital, expanding its reach to a global user base across more than 120 countries. The ecosystem has seen significant user engagement, with over more than 20 million paid omnichain credentials minted and 120 million quests completed. Layer3 has become indispensable to over 500 unique protocols across gaming, AI, DeFi, and NFT ecosystems.

When major projects launch, they can't ignore the Layer3 community. Layer3 users received 20.4% of all ARB distribution 1 tokens and 29.7% of zkSync distribution 1 tokens, collectively valued at over $500M (Dune).

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