The $L3 eligibility checker is live
You can only check eligibility at https://eligibility.layer3foundation.org
Below information is from the Official Blog post
The Layer3 Foundation is excited to announce the eligibility checker for the initial distribution of the L3 protocol token. The L3 token is not yet live. We are extremely grateful to the hundreds of community members who provided feedback on the distribution criteria. You can only check eligibility at https://eligibility.layer3foundation.org.
L3 tokenomics prioritize active, long-term community members. Our initial distribution rewards early and active supporters and marks the start of a journey to align users with Layer3's long-term vision, to be fully revealed at TGE. Future airdrops will incentivize ongoing engagement.
Here are the key points.
The L3 distribution is allocated to community members based on:
All historical + current activity
CUBE credentials
Level & quests completed
Consistent participation, achievements & daily gm’s
Bridge & swap volume
To qualify for the early user & S1 distribution, you needed at least 50 CUBE credentials by May 10, 2024. This ensures recent and active involvement in the Layer3 ecosystem. All of your historical activity is considered if you meet this requirement.
To qualify for the S2 distribution, you needed to mint the soulbound Trident NFT by July 22nd, 2024.
Note: We've excluded industrial sybils. If you met the cutoffs above & believe you're wrongly flagged, please fill out this form.
Future L3 distributions may be based on:
Continuous protocol activity
L3 staking & lockup duration
Overall alignment score
Season 3 will officially launch shortly and all your activity now counts towards your progress. The L3 claim is not live yet, we will announce the schedule in the coming days.
What can you do with L3?
L3 tokenomics include first-ever features such as Layered Utility via staking, which ensures that the most active and long-term members are rewarded for their continued support. This model is designed to autonomously improve as the network grows.
L3 also includes two burn mechanisms and may be used for governance. To understand more about how these first-ever tokenomics work, visit our detailed explanation at https://docs.layer3foundation.org/tokenomics.
As a reminder, L3 is not yet live. We are deeply grateful to everyone who has contributed feedback and participated in shaping these initiatives. Thank you for your continued support and for being an integral part of Layer3's journey.
Let's build the future.
Supplementary Terms & Disclaimer
Eligibility verification for L3 token claimants will be available on the Layer3 Foundation's official website. Users will be notified when the allocation checker and claim submission tools are live. Community members should remain vigilant against potential scams. Ensure that any Layer3 Foundation-related web pages have a domain ending in "layer3foundation.org". No Layer3 Foundation or community representative will contact you unsolicited or request personal information.
The information on this website and in any associated communications (the "Information") is for informational purposes only, subject to change, and does not constitute financial advice, a recommendation, or an offer to purchase securities.
The Information has not been reviewed or approved by any regulatory authority, and its dissemination does not imply compliance with any legal, regulatory, or jurisdictional requirements. L3 tokens involves risks and uncertainties. Consult a qualified financial advisor to assess the suitability of acquiring L3 tokens for your goals. The Information is purely informational and not personalized for any individual or token holder.
The Layer3 Foundation, its affiliates, and their representatives shall not be liable for any damages or claims related to the use of this website, the L3 tokens, their distribution event, or any associated activities, to the fullest extent permitted by law.