Layer3 aims to solve the problem of fragmented user attention across blockchain networks by offering: CUBEs (Credentials to Unify Blockchain Events) for omnichain identity Incentives through an omnichain distribution protocol and an industry leading application for seamless exploration, earning, and trading.
As an ominichain, Layer3 supports projects in distributing value efficiently and growing their user base through incentivized participation across more than thirty different blockchains. This infrastructure allows projects to distribute value and grow their user base using Layer3' s expansive cross-chain network, identity, and incentive tools.
$L3 is one unified staking mechanism with three layers of rewards (called Layered Staking), and two burn mechanisms.
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.
Layered Staking: By staking on Layer3, users can earn passive income proportional to the staking amount (L3).
- Level 1: passive pledge reward and governance.
- Layer 2: Actively earn other tokens and increase protocol utility.
- Level 3: Actively earn L3.
