Layer3

Layer3 has achieved significant growth metrics across its web3 discovery platform: - **68 million CUBEs** distributed to users - **3.3 million unique holders** engaged with the platform - **944 protocols** integrated and active - **538 million actions** driven through the ecosystem These numbers demonstrate Layer3's expanding role in helping users discover and interact with web3 protocols through curated experiences. The platform previously distributed **$75,000 in OP tokens** as retroactive rewards to qualifying users who maintained over 1,000 CUBEs, staked L3 tokens, and completed 33+ day GM streaks.

**Kite AI is now live on Layer3**, marking a significant step in AI infrastructure development. **What is Kite AI?** - Base layer for the agentic web - Focuses on AI agent advancements - Building infrastructure for the future of AI **Getting Started:** - Add the Kite Testnet to your wallet - Send and receive $KITE tokens (testnet) - Explore the platform through Layer3's interactive experience **What's Coming:** - Faucet center launch - Kite-specific events - Expanded agentic web capabilities This integration allows users to discover Kite AI's infrastructure through Layer3's curated web3 experiences. [Start exploring Kite AI](https://app.layer3.xyz/campaigns/kite-ai-testnet)

**Layer3's L3 token flywheel is showing strong momentum** with three key mechanisms driving demand: - **Users spend L3** to mint CUBEs (onchain credentials) - 23M L3 removed from circulation - **Builders lock L3** to access Layer3 infrastructure - 9M L3 currently locked - **Stakers earn rewards** - 100M+ L3 locked out of 220M staked **Locked staking surged 300% month-over-month** following model updates. This creates a **self-reinforcing cycle** where all value flows through L3, combining user participation, builder adoption, and holder rewards into one cohesive system.

**UR Global** has launched a unified neobank platform that bridges crypto and traditional finance, built on the **Mantle network**. **Key Features:** - Combines crypto and fiat accounts in one platform - Partnership with **Ethena** brings USDe integration - Up to **5% APY** on USDe holdings - Zero off-ramp fees for USDe-to-fiat conversion - Available across **45+ countries** **Platform Access:** - iOS, Android, and web applications - Direct USDe spending via **Mastercard debit card** (coming soon) - Functions as a neobank dollar savings account The platform aims to make DeFi accessible for everyday financial use, offering traditional banking features with crypto integration. [Learn more about UR](http://ur.app) | [Access campaign](https://app.layer3.xyz/campaigns/ur-x-layer3)

**Layer3 is hiring a Business Development Lead for the APAC region**, targeting candidates based in Singapore or other APAC hubs. **Key Requirements:** - Experience in BD, partnerships, or sales within crypto - Charismatic and persuasive personality - Deep interest in technology - Relationship-focused approach **Role Responsibilities:** - Expand Layer3's network of protocol and ecosystem partners - Manage large inbound deal funnel - Performance-based compensation structure The position offers merit-based earnings tied to results delivery. Hiring lead is @Ehsanomics.

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.*

Layer3's Consumer Hub expands with two notable additions: - **Soneium**, Sony's Layer 2 solution, launches CUBE NFT minting - **Ink** platform introduces its own CUBE collection Both platforms now offer interactive experiences through Layer3's ecosystem, making web3 more accessible to creators and users. *Key Updates:* - Mint Soneium CUBE: https://app.layer3.xyz/quests/cubes-on-soneium - Collect Ink CUBE: https://app.layer3.xyz/quests/cubes-on-ink Visit Layer3 to explore these new digital collectibles and join the growing creator ecosystem.

Layer3 has significantly increased its rewards program, offering $500,000 in prizes before the end of 2024. This represents a substantial boost from their previous $65,000 reward pool announced in July. - Rewards are available to all participants - Program runs through December 2024 - No prior web3 experience required This initiative aims to encourage broader participation in web3 exploration through interactive experiences. Participants can earn rewards while learning about blockchain technology and digital assets. *Join now to maximize your earning potential before the year-end deadline.*

Layer3 has announced that #L3 is now live on Solana using Wormhole's NTT framework. This integration enables: - 1:1 peg with Ethereum #L3 - Utility on the Solana network - Secure multichain transfers via Wormhole - Integration with Solana's DeFi ecosystem Key points: - Token migration coming soon via Wormhole Native Token Transfer - Separate Solana-focused app, part of unified Layer3 ecosystem - New features enabled by Solana's fast, low-cost transactions - Partnerships with top Solana projects (DEXes, LSTs, wallets) Users can now open their first Daily Loot Box on Layer3 Solana.