CoinW, a leading cryptocurrency trading platform, has announced the listing of Layer3 (L3), a Web3 infrastructure token, in its Web3.0 Zone. The L3/USDT trading pair will be available for trading starting July 30th, 2024, at 14:00 (UTC). To mark this occasion, CoinW is launching the 'L3 bounty program: Register & Trade & Retweet' event, offering a reward pool of 5,000 USDT.
The significance of this listing extends beyond just another cryptocurrency entering the market. Layer3, managed by the Layer3 Foundation, is designed to transform the Web3 landscape with its omnichain infrastructure. This infrastructure supports distribution, identity, and incentives across various ecosystems. To date, it has facilitated over 120 million transactions across more than 500 ecosystems, connecting millions of users globally.
Layer3's innovative protocols include CUBEs, which enable omnichain identity credentials across EVM chains, and token distribution mechanisms that streamline omnichain token operations. This integration makes Layer3 a cornerstone in the evolving Web3 landscape, offering robust infrastructure that supports a myriad of applications and services.
Central to Layer3's ecosystem is the L3 token, designed to create a global liquid market for attention. The tokenomics of L3 are meticulously crafted to ensure a self-sustaining ecosystem. Key features include a total supply of 3,333,333,333 L3 tokens, two burn mechanisms to maintain scarcity, and a unified staking mechanism known as Layered Staking. This staking mechanism offers three layers of rewards based on staking and active participation within the Layer3 ecosystem.
Users can earn maximum rewards by staking and participating in the network, with activity levels serving as indicators of alignment with the Layer3 ecosystem and its partners. This system unlocks various benefits, including rewards, governance rights, and exclusive opportunities.
To celebrate the listing, CoinW is offering a 5,000 USDT prize pool from July 30th, 2024, at 14:00 to August 9th, 2024, at 16:00 (UTC). CoinW users can participate in events such as registration, trading, and community events to share in the prize pool. More information on how to claim rewards can be found here.
CoinW is a pioneering crypto trading platform known for its focus on security, transparency, and user-centric principles. With advanced technology and deep liquidity, CoinW has become one of the world's most secure crypto exchanges. The listing of Layer3 on CoinW is a significant step in advancing the adoption and development of Web3 technologies.
