Cast by elkrv

elkrv· Jul 7

Layer3 have released tokenomics Main points: 1) They've allocated 7.5 percent to the drop. 6% goes to early users and season 1 and 1.5 percent to season 2. Season 2 looks like rekt, unfortunately. The first is still quite good looking. Supply is 3,333,333,333,333,333 tokens. 2) Team and investors on paper in locks for 4 years + 1 year cliff. 3) There will also be staking, an interesting deflationary mechanism and rewards for users who continue to actively use their platform. You can read more details in their article. As it is, it looks pretty good on paper. We're likely to carry the tokens to staking, because we're unlikely to see a high valuation in such a market. Optimistic prediction is 1kkk fdv