About Layer3
Layer3 is a decentralized omnichain platform designed to enhance blockchain interoperability, on-chain identity verification, and incentive distribution. Its infrastructure supports:
- Cross-chain interactions for seamless multi-network operations.
- Advanced on-chain activities like task completion and reward systems.
- Customizable tools for developers and communities to build tailored blockchain experiences.
The native L3 token powers governance, staking, rewards, and access to platform features, acting as the backbone of the ecosystem.
L3 Token Utility
The L3 token serves multiple critical functions within the Layer3 ecosystem:
Governance
- Token holders vote on proposals affecting platform development and resource allocation.
Staking & Rewards
- Stake L3 to earn rewards and unlock higher-tier ecosystem incentives.
Incentive Distribution
- Rewards users for on-chain activities (e.g., task completion, campaign participation).
Feature Access
- Grants exclusive tools like custom incentivized tasks and engagement modules.
Deflationary Mechanism
- Tokens are burned during specific activities, reducing supply and increasing scarcity.
Founders
Layer3 was co-founded by:
- Dariya Khojasteh
- Brandon Kumar
FAQs
1. What is Layer3’s primary use case?
Layer3 bridges blockchain interoperability while offering tools for identity verification, rewards distribution, and community engagement.
2. How can I earn L3 tokens?
Through staking, participating in governance, or completing on-chain tasks that offer token rewards.
3. Is L3 token supply capped?
While no fixed cap exists, burning mechanisms reduce circulating supply over time.
4. What makes Layer3 unique?
Its integrated approach combines cross-chain support, customizable incentives, and decentralized governance.
👉 Explore the future of blockchain interoperability with L3