Fuel Update: Testnet Snapshot Taken

Fuel hosted a community call today, unveiling several key updates:

The Fuel mainnet is tentatively scheduled for early Q4.

The testnet snapshot has been completed.

Moving forward, there will be no incentives for new users. The eligibility criteria will be shared soon as the team reviews the snapshot data.

Discord activities and roles will not be incentivized.

Just had a listen to the AMA, im saddened when I hear Arjun speak about incentivising mainnet users, the Beta users have been forgotton, was also said beta testers get nothing.

The Layer3 Foundation will release the initial L3 allocation checker on July 24th this is not the claim and L3 will not be live on that date. They have been working tirelessly to source feedback from the community, listen, and create tokenomics that will align with the long-term of Layer3.

It is impossible to get an initial distirbution perfect, but the Layer3 Foundation has tried incredibly hard to. As a reminder, our tokenomics and protocol are designed such that long-term supporters of Layer3 earn the most L3 over time. This claim is the first of multiple layers of token distribution.

Please revisit tokenomics here: docs.layer3foundation.org/tokenomics.

There will be no transaction or signing required, you may simply enter in your primary address.

🚨 Expect phishing attempts, and always verify communications across multiple channels. Always prioritize security over speed! 🙏

docs.layer3foundation.org/tokenomics