Description

L3 tokens One unified staking mechanism with three layers of rewards (called Layered Staking) Two burn mechanisms Layered Staking: By staking on Layer3, users can earn passive yield (L3) proportional to the amount staked. Additionally, by staking and actively using Layer3, users will earn other governance tokens (e.g., OP, ARB), increased utility, and L3. Burn mechanisms: Communities buy & burn L3 tokens to access the Layer3 network to post quests, deploy incentives, and access CUBE credentials. CUBE credentials are unique digital identifiers verifying a user's omnichain achievements, and are used to target specific users with incentives. Users can burn L3 tokens to access perks across the partner ecosystems, including early access, fee discounts, exclusive NFTs, and more. Full tokenomics can be found at docs.layer3foundation.org/tokenomics.