Staking
Last updated
Last updated
By staking your L3 tokens, you instantly begin earning L3 staking rewards. Optionally, you can choose to lock your tokens for a significantly higher APY.
Staking is optimal for L3 holders, as staking L3 automatically earns realtime L3 rewards.
Visit https://staking.layer3.xyz/ and connect your wallet
Select "New Stake" and select the amount of L3 tokens to stake. Optionally, pick a lock period for higher APY.
Instantly start getting realtime L3 staking rewards
You can have multiple stakes at any given time, each with independent sizes and durations. All of your rewards and total staked will be represented in the "Staked + Rewards" number at the top of the page.
For example:
I can stake 10,000 L3 tokens unlocked and earn X% APY on these 10,000 tokens.
I can stake 200,000 L3 tokens locked for a duration and earn Y% on these 200,000 tokens.
In total, I have staked 210,000 tokens and will see my total rewards accrue at the top of the page. Individual stakes can be managed under "Your Stakes."
You can claim and re-stake your rewards at anytime to compound & earn L3 at a higher rate. Alternatively, claim all rewards directly to your wallet via the 3 dots on to the right of the "new stake" button.
You may optionally lock tokens when staking. The longer a lock, the higher your realtime L3 rewards. This system ensures the most aligned users receive the highest rewards.
You can unstake at any time. There is a 7-day withdrawal period on unlocked stakes to prevent gaming the utility system.
Lockup durations, stake size, and activity levels may affect future distributions and access within the ecosystem and by the Foundation.
By staking on Layer3, users can earn L3 staking rewards proportional to the amount staked. Additionally, by staking and actively using Layer3, users will earn other increased utility and L3 staking rewards. This is called Layered Staking.
This staking mechanism is designed to set a new standard in crypto by aligning tokenholders with deeper ecosystem engagement through three layers of benefits (all accessed via one stake). This mechanism ensures that active participants earn more L3 over time.
Layer 1: L3 staking rewards & governance
Passive Earnings: Stake L3 tokens to passively earn additional L3.
Governance Participation: L3 can be used to participate in governance decisions. Governance processes are detailed here.
Layer 2: Actively Earn Other Tokens & Increased Protocol Utility
Stake-to-Earn Exclusive Quests: By staking a certain amount of L3 tokens, users gain access to exclusive quests and incentives run by Layer3 and its partners.
Tiered Reward System: Unlock different levels of rewards and experiences based on the amount of L3 tokens staked.
Launchpad Access: Receive early and extended access to new project launches and specially designed pre-airdrop campaigns, such as the Linea Park initiative.
Extra Races: Participate in special races and incentive programs, with different tiers based on the amount staked.
Layer 3: Actively Earn L3
Activity-Based Distribution Multipliers: Earn a multiplier on L3 distributions proportional to your activity.
For example, a whale who does nothing gets proportionately less than a minnow who does a lot.
A user who completes 10 quests might earn a 1.5x multiplier on their L3 rewards, while a user completing 20 quests could earn a 2x multiplier.
Ongoing Incentives: L3 tokens will be distributed to users and stakeholders through ongoing incentives. L3 stakers earn a multiplier on L3 distributions based on their activity, but all users can access a base level of these incentives by actively participating in the Layer3 ecosystem.
Key Point: Your staking and activity levels serve as measurable indicators of your alignment with the Layer3 ecosystem. High alignment scores may unlock additional perks, governance rights, or exclusive opportunities.
