The token distribution protocol Layer3 has announced that it will open an airdrop application on July 30. Users who participate in staking L3 tokens will have the opportunity to receive rewards. After the staking period ends, users can withdraw their funds within seven days. It's worth noting that tokens held by the team, venture capitalists, and advisors must be unlocked after a 12-month lock-up period and cannot be staked during this time. Layer3 emphasizes that factors such as the amount of tokens staked, the duration of the lock-up period, and participation levels may influence future token distribution. Currently, L3 tokens have not been officially listed for trading. Previously, the Layer3 Foundation had disclosed its economic model for the L3 token, with a total supply of 3,333,333,333 tokens, of which 51% was allocated to the community, 25.3% to core contributors, 23.2% to investors, and 0.5% to advisors. During the initial coin offering (ICO), a total of 7.5% was distributed as an airdrop. In addition, 200 million L3 tokens (accounting for 6% of the total supply) were used for early user and S1 participant airdrops, and another 50 million (1.5%) were allocated for S2 participant airdrops. The snapshots for early users and S1 participants were taken on May 10, 2024, and July 22, respectively.