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The recent ZR0 airdrop was a bit of a letdown. Despite the hype, the initial token distribution was underwhelming, with a low float that dampened my enthusiasm. Rather than hastily selling my allocation, I decided to take a more strategic approach. I've opted to provide liquidity on Uniswap, hoping that as the project matures, the ZR0 price will rebound and I can capitalize on the upside potential. It's a patient play! but I believe it's the best way to weather the current market conditions and potentially see stronger returns down the line. While the airdrop may not have lived up to the initial expectations, I'm confident that by taking a measured approach, I can still benefit as the ZR0 ecosystem evolves.
The Layer3 project is launching its native L3 token, with a total supply of 3,333,333,333 tokens. The community allocation is set at 51% of the total supply. The Season 2 snapshot for the L3 token airdrop will occur on July 22nd, 2024. This airdrop will distribute 250,000,000 tokens to early users, community members, and participants in Seasons 1 and 2. The early users and Season 1 participants will receive a 4x allocation compared to Season 2, given the difference in participation length. The remaining 43.5% of the L3 tokens will be distributed to the Layer3 community via Layered Staking and future token distributions, as decided by the Layer3 Foundation. This staking model rewards active participants in the Layer3 ecosystem over time.
Just earned a legendary Lil' FarStray for far.quest built by @wieldlabs, join me to get yours! https://far.quest/loot/lilfarstray2x.png Also, welcome to Farcaster @dhernandez, @wangqiming, and @evmnb4!
I just completed "DEGEN Drop: 200+ CUBEs" on Layer3 - https://app.layer3.xyz/quests/degen-drop-200-cubes