Layer3 Signal Shifts Crypto Evaluation from Hype to Real Usage
Layer3 Signal Shifts Crypto Evaluation from Hype to Real Usage
📊 Attention Gets Measured
Layer3 launched Signal, an onchain relevance index that measures real user attention and engagement rather than social media noise.
Key Features:
- Built on 3 million fee-paying users and 60 million credentials
- Tracks 200 million attributed transactions over three years
- Compares share of unique participants vs total activations
How It Works: Signal quantifies attention through verifiable onchain activity. High scores indicate strong engagement relative to output, while low scores suggest many activations with limited participation.
Current Users:
- Exchanges spot emerging projects
- Teams track momentum
- Communities prove traction
- Funds guide investments
Coming Soon: Premium version will include predictive insights, campaign benchmarks, and real-time analytics.
As Four Pillars researcher @IngsParty notes, Signal represents a cultural shift toward evaluating projects by actual usability and value rather than speculative hype.
"By attempting to quantify the intangible value of attention in a fair and meaningful way, Signal contributes to a cultural shift where projects are evaluated not by hype or speculative frenzy, but by actual usability and value." - @IngsParty, Researcher at Four Pillars
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Layer3 Confirms Safety from NPM Supply-Chain Attack
**Layer3 remains secure** following a recent NPM supply-chain exploit that affected parts of the web3 ecosystem. The platform conducted a thorough security review and confirmed no impact to user funds or systems. This follows similar confirmations from other protocols like Euler Labs. **Key security reminders:** - Always verify transaction signatures before confirming - Double-check token destination addresses - Exercise caution with browser extensions Layer3 emphasized their ongoing commitment to security investments as threats continue evolving in the space.
SYND Token Launch Brings Community Ownership to Web3
**SYND token is launching this September**, introducing real ownership mechanisms for web3 communities. Key features include: - **Staking mechanisms** for community participation - **Smart rollups** technology for enhanced functionality - Focus on building a **community-owned internet** The launch represents a shift toward decentralized ownership models, allowing communities to have direct control over their digital spaces. Users can participate through Layer3's activation platform to learn more about the technology and get involved early. [Join the community-owned internet](https://app.layer3.xyz/activations/syndicate-synd-token)
Pharos Network Testnet Campaign Continues with New Activation
**Pharos Network's testnet campaign remains active** with a fresh activation now available on Layer3. The **EVM L1 blockchain focused on RWAs and TradFi** has maintained strong momentum since launching its testnet campaign in August. **Key milestones achieved:** - Over 60K unique users participating - 800K+ onchain actions completed - Multiple campaign waves deployed Users can continue exploring the testnet through the [Layer3 campaign page](https://app.layer3.xyz/campaigns/pharos-testnet). *Ready to test the fastest EVM L1 for real-world assets?*
Socket Protocol Chain Abstraction Campaign
Layer3 has launched a new campaign featuring **Socket Protocol's chain abstraction technology**. The initiative allows users to explore and interact with decentralized applications across multiple blockchains without dealing with complex chain-switching processes. **Key highlights:** - Partnership focuses on simplifying multi-chain interactions - Users can access dapps seamlessly across different networks - Campaign available through Layer3's interactive platform Chain abstraction represents a significant step toward making web3 more accessible by removing technical barriers that often deter new users. [Explore the campaign](https://app.layer3.xyz/campaigns/socket-into-chain-abstraction)