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Layer3 (L3) Price

Layer3#541
SocialFi
Multichain
00.00%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply1.14B
Issue Date2024-07-30
24H Volume (USD)--
Total Supply3.33B

L3 Info

1.Project Introduction

Cryptocurrency consumers can discover new projects, and projects reward them for their on-chain activities. By aggregating user activities across multiple chains and dApps, Layer3 generates a unified view of user on-chain identities and enables highly targeted and efficient token distribution. Projects built on Layer3 can programmatically route tokens to the right users at the right time based on a variety of criteria such as time triggers, asset ownership, on-chain activities, credentials, social graphs, and task participation.

2. Team Introduction

Dariya Khojasteh

Co-founder & CEO

https://www.linkedin.com/in/dariyakhojasteh/

Brandon Kumar

Co-founder

https://www.linkedin.com/in/brandon-kumar-02a84467/

3. Investment Institutions

ParaFi, Greenfield Capital, Electric Capital, etc.

4. Token Application and Distribution

Token application:

L3's deflationary token economics, activity-based rewards, utility, and staking drivers create a self-sustaining ecosystem where token value is aligned with network growth and user engagement. This ensures that the most active members are able to earn the most over time.

L3 has an innovative staking model called layered staking. Users can earn the most returns by staking and actively participating on Layer3. Staking and activity levels serve as measurable indicators of alignment with the Layer3 ecosystem and partners, unlocking rewards, additional benefits, governance rights, and exclusive opportunities.

Token distribution:

Community: 51% (1.69 billion L3)

Core contributors: 25.3% (843 million L3)

Investors: 23.2% (773 million L3)

Advisors: 0.5% (16 million L3)

FAQ

What time does L3 open?
Unlike the traditional stock market, Layer3 (L3) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.
AMM
APY0%

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