My Real-Talk Guide to @layer3xyz 🙌
I used to spend hours grinding on different platforms. I was there for the whole Arbitrum Odyssey, doing endless tasks and hoping for a good result. It’s a familiar story for a lot of us in crypto. You do the work, but you're not always sure what you'll get. 🤔
Then I started using Layer3 seriously, and my approach changed. I stopped just hunting for airdrops and started using it as a tool to actually learn. The best way I can describe it is like a Google for dapps. If I want to understand a new project, I go there first. It guides you through the interactions, step-by-step. 😛
Traction and Rewards:
According to a dune analytics dashboard on Layer3 (https://t.co/TINSrzxfGk), they have over 150,000 active monthly on-chain users and 3 million lifetime users, they have also distributed a total of whooping US7.29m in dollar value to its users, with over 150,000 active monthly on-chain users and 3 million lifetime users.
How It Actually Works:
It’s pretty simple. You do tasks, and you get rewarded for them. These can be on-chain things like making a swap, or off-chain things like social media tasks.
•You get XP and CUBEs for finishing tasks. Think of it like leveling up in a game. Higher levels can unlock better tasks and special activities.
•It's not just about earning. It’s about understanding how to use different apps. Big names like Robinhood have even used it to teach their users about blockchains.
What About the $L3 Token?
The native token, $L3, is central to the whole ecosystem. It’s more than just a reward; it has real uses.
•Staking Boosts Rewards: You can stake your $L3 tokens to multiply the rewards you get from completing tasks. One of the community guides mentioned this also comes with an APY of around 36%.
•Pay for Gas on Any Chain: This is a big one. With the Layer3 Wallet, you can use your $L3 to pay for gas fees on any supported blockchain. It simplifies everything.
•Easy to Access: You can trade $L3 on major centralized exchanges like Coinbase and Bybit.
•Auto-Compounding: The wallet has a feature that can automatically convert your earnings back into $L3, which helps you accumulate more over time.
Why I Trust It
What makes me stick with it is the team. The founders, Dariya Khojasteh and Brandon Kumar, were both on the Forbes 30 Under 30 list for finance. And they're backed by major investors like ParaFi Capital and Electric Capital. That shows me it's a serious, long-term project. 😎
So, is it just another task platform? No. For me, it's a better way to explore Web3.
It’s my starting point for anything new in crypto.
If you want to try it, here’s the link to their site: https://t.co/2bokBESq53 💯💯💯

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.