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It was announced in an official statement that a cryptocurrency project is planning to distribute large airdrops soon. A top blockchain protocol, Layer3, has announced the release of its utility and governance altcoin, L3, with an initial coin distribution (airdrop) planned for early summer. The official blog of the company recently made the announcement.
The protocol has announced that there will be 300,000,000 new tokens in circulation, with 51% going to members of the Layer3 community. In June of 2024, the Layer3 Foundation will release a detailed tokenomics report.
Those who own L3 tokens will have a say in how the protocol is run by the governance team. Staking their tokens will also grant them access to premium features on protocol-based products, as well as incentives when applicable.
Relevant News Why Could the Price of Bitcoin (BTC) Climb? How Does a Rally Occur? The Solution Is This Early users and CUBE (Credentials for Unifying Blockchain Activities) miners will receive 5% of the total supply of L3 in the first airdrop. Layer3 refers to these one-of-a-kind, interactive on-chain experiences as “Tasks,” and they will produce ERC-721 tokens.
More information will be announced soon, and the company has hinted that there will be multiple airdrops in the future.

Launch of Highly Anticipated Project’s Airdrop Distribution Announced: This is the Time and Place

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