Token Distribution

To ensure broad decentralization, $LAYER is being distributed through both the community sale of our Emerald Card and our genesis airdrop for early adopters.

The max supply of $LAYER will be 1,000,000,000 tokens, distributed across three main categories, with an initial circulating supply of 220,000,000 $LAYER:

Community & Ecosystem [51.23%]

• 34.23% is for the continued R&D, developer program, ecosystem growth, and other user activities
• 14% is for community events/incentives [12% is reserved for Genesis Drop, which includes rewarding early adopters and other initial claim activities]
• 3% is distributed via the Emerald Card community sale

Core Contributors

• 17.11% for core contributors and advisors

Investors

• 16.66% has been sold to investors

Foundation

• 15% is allocated to the Solayer Foundation to support our vertical product expansion and network development

LAYER Vesting Schedule

$LAYER tokens will be emitted over time. Vesting schedule follows the below:

• Genesis Drop: fully unvested at launch
• Emerald Card Community Sale: fully unvested at launch
• Community incentives: linearly vested for 6 months
• Community and Ecosystem: vested every 3 months over 4 years
• Foundation: vested every 3 months over 4 years
• Team & Advisors: 1 year cliff, 3 years linear vesting
• Investors: 1 year cliff, 2 years linear vesting