Layer3 Partners with Backpack Wallet on Arbitrum

**Layer3 Builder** has onboarded six new teams to its platform: - **OKU Trade** (@okutrade) - **Dexalot** (@dexalot) - **Ponzi.fun** (@ponzidotfun) - **Cyber** (@BuildOnCyber) - **Hacken** (@hackenclub) - **Symphony** (@symphonyio) The Builder platform allows teams to **acquire and engage users** across 250k+ crypto-native users on 20+ chains. Teams lock 150,000 $L3 tokens to deploy activations and earn a **5% share of protocol revenue** from their first campaign. Revenue sharing increases based on engagement levels, similar to a referral program that rewards real impact. The platform serves protocols, creators, and power users looking for **programmable distribution** tools.

**Syndicate has officially launched its mainnet**, marking a significant milestone for the community-owned internet platform. **Key developments:** - SYND token is now live and trading on AerodromeFi - Mainnet activation enables full platform functionality - Community ownership mechanisms are now operational The launch follows months of preparation, with SYND designed to bring **real ownership to communities** through staking and smart rollup technology. Users can now explore the live platform and participate in the community-owned internet ecosystem. The token launch represents Syndicate's vision of decentralized community governance becoming reality. [Explore Syndicate mainnet](https://app.layer3.xyz/activations/syndicate-synd-mainnet)

**Theo Network** introduces institutional-grade tokenized U.S. Treasury bills, offering users access to traditional government securities on-chain. **Key Features:** - Tokenized money market fund (thBILL) backed by short-duration U.S. treasuries - **4.3% native yield** from Treasury bill returns - Risk-free rate earning potential for holders **Exclusive Rewards:** - **1 million points** available through Layer3 partnership - Additional Theo points for liquidity providers - Integration with HyperSwap for trading and liquidity provision The thBILL token enables users to earn government bond yields while maintaining on-chain flexibility for swapping and providing liquidity.

A new initiative aims to standardize credentials across blockchain events and conferences. This unified approach will help: - Streamline event registration processes - Enable cross-event recognition of attendee status - Reduce duplicate verification requirements The system will leverage blockchain technology to create verifiable, portable credentials that work across multiple platforms and events. Early adoption is expected from major Ethereum conferences and community gatherings. *Implementation begins Q2 2025*

Layer3 is preparing to launch a new wallet solution addressing key Web3 pain points: - **Automated Gas Fee Management**: Streamlined transaction fee handling - **Auto-Compounding**: Automatic reinvestment of earnings for optimal returns - **Cross-Chain Integration**: Single interface for managing multi-chain assets The wallet builds on Layer3's previous auto-compound feature for EigenLayer, which automatically converts $EIGEN rewards to $ETH while minimizing gas fees. *Launch date to be announced.*