Layer3 reveals tokenomics for L3 token

Token distribution protocol Layer3 announced on X the tokenomics for its L3 token. The total supply of L3 is set at 3.3333 billion, with 51% (1.69 billion) allocated to the community. Core contributors will receive 25.3%, investors 23.2% and advisors 0.5%. The initial airdrop will account for 7.5% of the total supply. Previously, The Block reported that Layer3 raised $15 million in a Series A funding round.