Oct 24, 2024
L3 in New Ecosystems & Layer 2 Networks
L3 in New Ecosystems & Layer 2 Networks
L3 in New Ecosystems & Layer 2 Networks
The L3 token is going multichain by expanding to Ethereum Layer 2 networks, starting with Base in November.
Throughout the remainder of the year, the community will progressively roll out the L3 token to every chain where the protocol operates, creating the groundwork for L3 to become accessible to a much broader set of users and increased ability for platforms to integrate the L3 token.
L3 will have functionality across all L2 deployments, enabling increased integration for products building in the Layer3 ecosystem. Building on the expansion to Solana, enabling functionality on Layer 2 networks is particularly powerful for everyday transactions, where L2's speed and efficiency make L3 a more effective currency. Users will be able to bridge L3 via Wormhole Native Token Transfer, and we aim for new L3 liquidity markets to develop organically across these L2 ecosystems.
For clarity: L3 staking with yield will remain exclusively on Ethereum mainnet.
Each L2 deployment is secured through Wormhole's Native Token Transfer system, ensuring consistent security and contract addresses across all chains where L3 operates.
The L3 token is going multichain by expanding to Ethereum Layer 2 networks, starting with Base in November.
Throughout the remainder of the year, the community will progressively roll out the L3 token to every chain where the protocol operates, creating the groundwork for L3 to become accessible to a much broader set of users and increased ability for platforms to integrate the L3 token.
L3 will have functionality across all L2 deployments, enabling increased integration for products building in the Layer3 ecosystem. Building on the expansion to Solana, enabling functionality on Layer 2 networks is particularly powerful for everyday transactions, where L2's speed and efficiency make L3 a more effective currency. Users will be able to bridge L3 via Wormhole Native Token Transfer, and we aim for new L3 liquidity markets to develop organically across these L2 ecosystems.
For clarity: L3 staking with yield will remain exclusively on Ethereum mainnet.
Each L2 deployment is secured through Wormhole's Native Token Transfer system, ensuring consistent security and contract addresses across all chains where L3 operates.
The L3 token is going multichain by expanding to Ethereum Layer 2 networks, starting with Base in November.
Throughout the remainder of the year, the community will progressively roll out the L3 token to every chain where the protocol operates, creating the groundwork for L3 to become accessible to a much broader set of users and increased ability for platforms to integrate the L3 token.
L3 will have functionality across all L2 deployments, enabling increased integration for products building in the Layer3 ecosystem. Building on the expansion to Solana, enabling functionality on Layer 2 networks is particularly powerful for everyday transactions, where L2's speed and efficiency make L3 a more effective currency. Users will be able to bridge L3 via Wormhole Native Token Transfer, and we aim for new L3 liquidity markets to develop organically across these L2 ecosystems.
For clarity: L3 staking with yield will remain exclusively on Ethereum mainnet.
Each L2 deployment is secured through Wormhole's Native Token Transfer system, ensuring consistent security and contract addresses across all chains where L3 operates.
The L3 token is going multichain by expanding to Ethereum Layer 2 networks, starting with Base in November.
Throughout the remainder of the year, the community will progressively roll out the L3 token to every chain where the protocol operates, creating the groundwork for L3 to become accessible to a much broader set of users and increased ability for platforms to integrate the L3 token.
L3 will have functionality across all L2 deployments, enabling increased integration for products building in the Layer3 ecosystem. Building on the expansion to Solana, enabling functionality on Layer 2 networks is particularly powerful for everyday transactions, where L2's speed and efficiency make L3 a more effective currency. Users will be able to bridge L3 via Wormhole Native Token Transfer, and we aim for new L3 liquidity markets to develop organically across these L2 ecosystems.
For clarity: L3 staking with yield will remain exclusively on Ethereum mainnet.
Each L2 deployment is secured through Wormhole's Native Token Transfer system, ensuring consistent security and contract addresses across all chains where L3 operates.